While reports show a citywide trend of sellers scaling back asking prices for co-ops and condo units, AM New York reports that the under-$1 million tier is holding its own, and the $500,000ish market actually seems to be in pretty good …
The Federal Housing Administration (FHA), which insures mortgages made by private lenders and banks, will ease condo financing regulations to open up homeownership for more first-time buyers, effective October 15, reports Yahoo! Finance.…
The National Law Review is alerting litigators to be prepared for a rash of lawsuits related to a possible looming housing recession, likening the outlook to what happened in 2008’s economic crash. As the condo developers of a deca…
Back in September, Governor Cuomo signed into law a bill passed by the New York State legislature meant to make public knowledge the actual owners of one-to-four family homes purchased under the guise of LLC’s, limited liability corporation…
Bloomberg Quint reports that another blow may be heading toward the high-end real estate market, in the form of a revived effort by state lawmakers to impose a tax on second-home purchases of $5 million or more. This tax follow…
Before the multi-hyphenate It girls of the 21st century, there was Lee Bouvier Radziwill—younger sister of Jacqueline Kennedy Onassis, wife of a Polish prince for a time, and well known socialite, tastemaker, and fixture of the Upper East S…
Page Six reports that even before his company’s recent failed initial public offering (IPO), Adam Neumann, now former CEO of WeWork, had difficulty securing a co-op on Manhattan’s tony Fifth Avenue. Citing a real estate insider, Page Si…
According to The Wall Street Journal, Governor Andrew Cuomo signed a bill last month requiring limited liability companies (LLCs) entering into residential real estate transactions to disclose the identities of their individual members.…
In reports released last month, Douglas Elliman noted a decline in number of sales in all three markets, with some reduction in sales and listing prices as inventories continue to rise. Jonathan Miller of Miller Samuel Inc. and author of th…
When it comes to co-op or condo, home improvements are a personal thing, reflecting the style and taste of the owner, and impacting the functionality of the unit. A prime example of this are built-ins; those personalized furnishings that pr…