What should I do if I can’t sell my apartment?
In the fourth quarter of 2018, the average New York City apartment on the market took 152 days to go into contract. For those antsy to sell, that can feel…
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When a Co-op Board Asks for Guarantor
A co-op board does not have to outright reject your application. If they have a concern about your financials (e.g. short job history, insufficient earnings, etc.), the board may provide…
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How to Avoid (and Solve) Legal Battles for Buyers and Sellers
Home purchases are often the most expensive transaction a person can make in their lifetime. With so much money on the line, it’s natural for disputes to arise between buyers…
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Taking Stock of New York’s Residential Real Estate Market in 2019
The data is finally in on the 2019 Q3 market, and while it’s not surprising, it’s still a blow for many. Prices for Manhattan real estate took their biggest plunge…
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How much money should you really have for a down payment?
With the price of rent continuing to increase, often a monthly mortgage payment can cost less — and that’s for an apartment that is more renovated and is in your…
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Things You Should Know Before Buying an Apartment
It is easy for buyers to get caught up in the emotion of the moment. This is particularly true for first-time homebuyers. You may fall in love with an apartment.…
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How Real Estate Investors Can Prepare for Slowdown
With the current economic expansion surpassing ten years and some potential headwinds on the horizon (e.g., tariff battles), some economists and others are calling for a slowdown. If you are…
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The Best NYC Neighborhoods for Retirees in 2019
As more and more baby boomers reach retirement age the question arises as to where they should settle for their golden years. New York City might not seem like the…
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When does it make sense to buy vs rent?
The cost of rent keeps increasing. And you’ve heard the buzz that it’s currently a buyer’s market. The decision to rent vs. buy an apartment or house is intensely personal.…
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Buying a Condo vs. Co-op in New York City
Most people who already live in New York City have a relatively firm understanding of the real estate market and how it differs from other cities. Particularly true in regards…
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