Imagine if you can actually buy a co-op in New York City and not have to be in front of the building's dreaded board for approval. Well, there is an option for buyers to consider in the form of a sponsor unit. It's a term that you've probab…
You know what they say about The Benjamins: it truly is all about them. When attempting to purchase shares in a co-op or outright buy a condo, a potential buyer's finances are likely to be scrutinized fairly intently. So like a teen spr…
Condo fever continues to spread across New York real estate, replacing any available land with shiny towers. Now that the most obvious places for construction have been exhausted, developers are increasingly turning to smaller co-ops to buy…
The U.S. Treasury Department announced in January that it will begin to track illicit cash purchases of luxury condos in New York and Miami. In New York, the new regulations will apply to cash transactions of $3 million or more. The federal…
If you’re contemplating buying a new home, there are a few vital questions that should be asked, even before you start attending open houses and getting your heart set on one property or another. Among those questions might be, “How do I…
The vast majority of co-ops and condos that are put on the market are not in picture-perfect shape for a rapid and high-priced sale. Prospective buyers, who view those apartments, often cannot see beyond the superficial defects and so fa…
Before even beginning the hunt for that perfect co-op, the prospective buyer should be familiar with all the possible ways one's application might be rejected. That familiarity will enable one to focus on the appropriate buildings as well a…
Ever wonder why you suddenly get a feeling of relaxation and tranquility upon entering certain spaces, and your blood goes cold in others? Why some homes just feel happy and harmonious the moment you cross the threshold, and others just don…
Whether you're buying or selling a condo or co-op, the goal is to engage a real estate broker who will get you the best price or the best apartment in the shortest period of time. Unless you already work in the real estate industry, you …
Thirty-eight of the 400 individuals on Forbes magazine's list of the richest Americans—almost ten percent—call New York City home. All thirty-eight are billionaires. Some of them, like Ralph Lauren and Donald Trump, are household names. Two…