Things You Need To Know Before Buying An Apartment
The key to buying the right property is knowing where to look and what features to consider. Gea Elika, the Principal broker of Elika Real Estate, shares his expert insight…
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Tips for Renovating Interiors in Landmark Buildings in NYC
Considering how old the city is, it’s no wonder that NYC is full of history, both ancient and relatively recent. Take a walk in any of the five boroughs, and…
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How is a Buyer’s Agent Paid in NYC?
Many real estate buyers do not feel having his/her own buyer’s agent matters. After all, a buyer’s agent is paid a commission, the same as the listing agent. This does…
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Transfer Tax: NYC and NYS Real Property Taxes Explained
Buying or selling real estate in New York City is different from other cities in the US. New York City and State require a transfer tax be paid, at the…
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Mansion Tax in New York City
The Mansion Tax is a one-time payment that serves as an entry fee into buying New York real estate. It applies to all homes sold for $1 million or more…
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How Long Does It Take to Buy a Condo or Co-op Apartment?
Those who have never purchased a New York City apartment tend to underestimate how long it takes to buy a condo or co-op apartment. From finding a reputable buyer’s agent,…
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The Millennials Guide to Buying a Home in NYC
Young professionals are a force to be reckoned with in New York City real estate. NYC’s comptroller reports that 1.6 million millennials were living in the city in 2014. As…
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How to Spot a Motivated Seller in NYC
The ongoing buyer’s market in NYC is making times tough for sellers. So much so that many potential sellers have chosen to put the brakes on any sale until the…
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How Will Technology Change the Real Estate Industry in the Next 20 Years?
As with most industries, technology trends have changed the real estate landscape, and there is more to come. There’s no doubt that many of the changes in recent years have…
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