Category: Buying & Selling

The road toward having a single, comprehensive Multiple Listing Service, or MLS, in New York City has so far been long and arduous. Most major U.S. cities have had their own version since the 1970s, but for a host of reasons - size, sheer …

At the beginning of 2002, the outlook for the city's real estate market seemed healthy, if a little uncertain. September 11th was still fresh on everyone's minds, and the aftereffects on the co-op and condo market carried over from 2001. A…

Selling your apartment in New York is serious business. If you're thinking of selling your co-op or condo, the question of where to even list the property for sale alone may be enough to keep you up nights, to say nothing of putting a fair…

New Yorkers are a famously busy bunch, always looking for ways to maximize their time. Buying or selling an apartment can be the most time-consuming process imaginable, and city dwellers are always eager to try out ways of moving things al…

Everyone thinks their home looks like two million bucks, but in the world of banks and real estate agents, it takes a professional appraiser to prove it. Especially in the unique and ultra-competitive world of New York co-op and condo r…

The downtown Manhattan real estate market has gone though a series of ups and downs in past years, but clearly, nothing in recent memory has affected it as drastically as the September 11 terrorist attacks. The aftereffects of the attac…

The days of neighbors bringing casserole dishes to the door may be over, but welcoming new co-op and condo residents into the buildings they now call home is not an entirely lost art. In fact, it goes on every day in buildings throughout…

New Yorkers looking for a little more living space have a lot of options these days. Construction on new co-op and condo buildings–as well as conversions–are moving along at a steady pace, while the recent economic downturn has made New Yor…

Should local banks be allowed to become actively involved in the real estate brokerage business? Specifically, should they have an administrative hand in the sale and management of units in co-ops and condos? These questions are curren…

The following article is an excerpt from The Ultimate Guide to Buying and Selling Co-ops and Condos in New York City, a book I wrote that was designed to be the ultimate guide: a good overview of what you need to know about buying and selli…