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From CNN: How Will AI Change the Real Estate Industry?
CNN recently published an interesting article highlighting the growing prominence of AI programs such as ChatGPT, which generates detailed responses from sim...
Read more >>From CNN: Mortgage Rates Continue to Fall During 2023
As reported by CNN, Mortgage rates are continuing to fall this year, reaching 6.09% at the beginning of February, and down from last year's peak of 7.08%. Fo...
Read more >>Governor Pursuing Changes to NYC Housing Laws
New York Governor Kathy Hochul has proposed several reforms to the state’s housing system which, if enacted, could dramatically impact NYC’s real estate mark...
Read more >>Illegal Subletting in Co-Ops and Condos
The New York Times article by Ronda Kaysen, “Is It Worth the Risk to Sublet an Apartment Illegally?,” discusses a possibility that many unit owners in co-ops...
Read more >>What to Consider When Purchasing Real Estate
What is important to consider (outside of the unit itself) when purchasing real estate in New York City? While some may be okay with walking 15 minutes to th...
Read more >>Spoofing and Phishing Attempts, and How to Protect Yourself
In today’s digital world, scammers are constantly finding new ways to take advantage of others. One such method is to fraudulently impersonate someone else b...
Read more >>From CNN: Home Sales Increase, Defying Expectations
As reported by CNN, home sales rose during November 2022 for the second month in a row despite a bleak forecast. This rise runs counter to both continuing hi...
Read more >>Proposed Changes to Address Housing Needs in NYC
In New York City, many struggle with “homelessness, living in poor quality housing, or . . . keep[ing] up with housing costs.”[1] As a result, New York City ...
Read more >>Changes to Emission Standards of NYC Co-ops & Condos
• “Buildings that exceed 25,000 gross square feet; • Two or more buildings on the same tax lot that together exceed 50,000 square feet; • Two or more buildin...
Read more >>Purchasing a Condo: What to Expect at the Closing Table
Congratulations! You are almost to the finish line of your Condominium purchase. Please take a moment to review the information below so that you may better ...
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