If you are in the process of buying a home, you certainly do not want to run into any issues that may delay or derail the transaction. However, successfully obtaining a home is sometimes a complex process where things can go awry. Fortunately, if you follow the tips listed below, you can minimize...
The warmer weather is a welcome respite from the chills we experienced in our region last week. But even better, it signals the beginning of the spring rental season in New York City. As we have noted in our prior posts, the market for luxury apartments is slowing a bit, so this years market may...
Gentrification is the act of purchasing and renovating deteriorating properties in low-income or troubled neighborhoods to accommodate an influx of wealthier buyers, while pushing lower income residents out of the area. It is a controversial practice that has led to a number of regulations in New...
Having the distinction of being the tallest residential building in New York City has its perks. For one, the value of such property may be more than other competing buildings. And the view from such a property can be priceless. But as the real estate market continues to grow, having that distinc...
In a prior post, we highlighted the perceived slide in New York Citys luxury home market. Essentially, the market appeared “particularly sluggish” according to the Federal Reserves Beige Book. While this may be alarming to those putting real estate up for sale, there could be a perfectly reason...
Whether it is an apartment or condo, buying a home in New York City is a major investment. Once you have made an offer on your new home, the seller will send you a contract. Although it may be tempting to just sign it, it is important to carefully review it first to ensure that it contains certai...
The quote “whats in a name” often evokes thoughts of Shakespeares Romeo and Juliet, where Juliet appears to believe that it does not matter if Romeo is her true love; since he is still from a rival family. Taking that quote in the context of real estate, it is critical for developers to have a ...
Depending on who you ask, the real estate market in New York City may be very hot or simply lukewarm. It is common for homebuyers to have a difficult time finding the perfect apartment or condo based on location, price and personal preferences. However, builders and developers depend on the marke...
On behalf of Julian White of Greenberg amp; Wilner posted in residential real estate on Wednesday, February 24, 2016. Whether it is your first time or you are a seasoned homeowner, finding the right condominium or co-op never fails to be an exciting adventure. However, if you live in Manhattan,...
Wealthy or high profile purchasers of real estate often want to keep their transactions private to stay out of the media or for other reasons. In New York real estate, this is typically accomplished by purchasing in the name of a corporation or a Limited Liability Company. The entity and the tran...
Homeowners are almost always faced with a dilemma when coordinating the timing of their sale with their new purchase. If they are able to close on their new purchase first, they can then take some time to move into their new home before they close on their sale. However, most buyers will need the...
Purchasing a new construction condo is an attractive option for many. Modern designs, the latest technology and materials and being the first occupants are just a few of the benefits of a brand new condo. Unfortunately, new construction condos come with several risks as well. An informed...
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