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Category: Law & Legislation

Law & Legislation Major Building Construction Projects
Major Building Construction Projects

Most buildings will have to undergo some kind of exterior or facade-related work at some point in their useful lives - it's inevitable. But sometimes those projects can be noisy, dusty, and disruptive to not just the building being worked o…

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Law & Legislation Is Your View a Property Right?
Is Your View a Property Right?

Along with other major criteria (location, square-footage, 'light,' 'air,' etc.) a good view from one or more windows can be a big selling point for an apartment. In fact, many a buyer has purchased their unit based on the view. Some will e…

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Law & Legislation 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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Law & Legislation 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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Law & Legislation 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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Law & Legislation Co-op Wins Legal Battle
Co-op Wins Legal Battle

According to  Real Estate Weekly , an Upper East Side co-op recently scored legal victory over a litigious shareholder. The co-op, at 12-14 East 64th Street, was granted nearly $400,000 in legal fees in a case that stemmed from flood dama…

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