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November 2016 Archives

Student housing building to become mid luxury apartments

Innovation is just as important in real estate as it is in other industries. In some cases, creating new products from old ones may satisfy the purpose of staying ahead of the competition. With regard to real estate in New York City, transforming unused (or under-used) buildings to appeal to a new class of buyers.

Broker confidence falls in the midst of the election

Last week we noted how confidence among commercial real estate developers and investors was still high despite the slowing market. However, sentiment among real estate brokers (both commercial and residential) was quite different heading into this week’s presidential election.

What happens during a home inspection?

If you are looking to buy a home in New York, it is important to understand why home inspections are necessary and what they consist of, because they are your best chance to learn about potential maintenance concerns and repairs that a property needs. Inspectors look for water damage, foundation problems, issues with the electricity, and other signs of damage or disrepair, and they generally know how to negotiate the diagnosis of those problems in ways that will help you decide whether or not to move forward with the purchase.

Market sentiment steady as the election approaches

This week was rife with anticipation about whether the Chicago Cubs would win the World Series for the first time in 108 years, or whether the Cleveland Indians would bring the city its second championship in 2016. The Cubs ended up winning in thrilling fashion. Now the nation’s anticipation turns to next week’s presidential election.

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