Planning to Buy Your First Condo in New York City
When buying your first condo in New York City, you need to approach it as buying your first home. There is no need to stretch yourself financially, and you can…
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Condo vs. Co-op: Get the Facts in NYC
New Yorkers have a relatively firm understanding of the real estate market and its nuances. Particularly true in regards to the trade-offs between condo vs. co-op. However, if you’re thinking…
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High Floor Walk-up Apartments in NYC
When searching for my own NYC apartment, I toured some pretty sweet Manhattan fifth-floor walk-ups, which, at the time, seemed almost feasible. (I skipped the sixth-floor ads intentionally and later…
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Purchasing Process for Condo or Co-op in NYC
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. Find a reputable buyer’s agent, real…
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The Master Building Insurance Policy
Having insurance is vital for every homeowner, but a surprising number of people don’t understand what their insurance covers. More specifically, what is covered by apartment insurance and what is…
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The Buildings Election of The Board Members
Co-ops and condos both have a board of directors that oversee matters, but how they get into office is a bit opaque. While a directorship is an elected position, its…
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What Qualifies as a Legal Bedroom in New York City?
As anyone trying to find rental apartments in New York City knows, landlords tend to stretch the truth regarding room descriptions. Take, for instance, this Brooklyn beauty stairway room (featuring…
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Fiduciary Duty of Co-op and Condo Boards in NYC
Some co-op boards are notoriously strict, and there are questions to ask the condo board. However, even in the case of a problematic board member, they owe you a fiduciary…
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House Rules for a Condo and Co-op in NYC
Co-op or condo buyers or tenants in New York City should know a particular set of policies. The governing policies are called house rules. The house rules govern day-to-day normal…
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Pre-War vs. Post-War Buildings in NYC
In New York City, knowing some primary real estate language can help sell a place. However, architectural semantics are confusing if you’re new to the New York City real estate…
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