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Category: Community Living

Buying & Selling Manhattan Sales Prices Drop
Manhattan Sales Prices Drop

Owners looking to make a killing on their apartments are getting a cold splash of reality, according to a recent report from Marketproof. While sales prices in the NYC market have indeed increased by some 43% since 2006, in many cases, sell…

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Buying & Selling 'Bargain' Condos Selling Well...
'Bargain' Condos Selling Well...

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 …

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Buying & Selling FHA Eases Financing Regs
FHA Eases Financing Regs

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.…

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Buying & Selling Condo Contract Crisis?
Condo Contract Crisis?

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…

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Buying & Selling Condos Exempt from LLC Disclosure Law
Condos Exempt from LLC Disclosure Law

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…

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Real Estate Trends Holiday Tipping  Etiquette
2016 November Holiday Tipping Etiquette

Whether you live in a suburb or in the heart of the city, life is expensive. Sometimes it can feel as though everybody from the barista at your favorite coffee shop to the kid who bags your groceries is trying to nickel-and-dime you half to…

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Buildings Assessing Energy Needs
Assessing Energy Needs

Between helping the planet and helping your building's bottom line, it pays to be familiar with your energy profile. In this clip, two multifamily energy pros discuss the criteria and process they use to determine an individual community's …

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Buying & Selling Pied-à-Terre Tax Effort Revived
Pied-à-Terre Tax Effort Revived

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…

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Real Estate Trends Glass vs. Masonry
Glass vs. Masonry

Over the past two decades, New Yorkers have become increasingly used to seeing tall, reflective, glass residential towers rise over the cityscape, even in neighborhoods that have been bastions of the world-class architecture that gives the …

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