NYC Real Estate Attorney’s Closing Report: November 2016

February 7, 2017

Just a few of our recent closings. If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction 300 West 23rd Street, NY, NY $506,000 Coop Refinance 340 East 93rd Street, NY, NY $1,425,000 Coop Purchase 737 Bergen Street, BK, NY $975,000 […]

NYC Real Estate Attorney’s Closing Report: December 2016

January 22, 2017

Just a few of our recent closings. If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction 200 Riverside Boulevard, NY, NY $2,150,000 Condo Purchase 360 Cabrini Boulevard, NY, NY $640,000 Coop Purchase 215 Adams Street, BK, NY $340,000 Coop Purchase […]

From the New York Times: Lead Paint and Illegal Sublets

January 7, 2017

In the attached article, the New York Times answers common questions that prospective purchasers may have. The first part discusses lead paint, which is a common feature of many older apartments. Though there are associated hazards, especially in houses with small children, there also ways that those risks can be easily recognized and mitigated. In […]

Jack Harari Certified to Teach Continuing Education Courses

December 21, 2016

Congratulations to firm Partner Jack Harari, who recently achieved his certification to teach continuing education courses from Governor Cuomo’s Bureau of Educational Standards. In the future, he will be teaching seminars to Real Estate brokers on a variety of topics relevant to the profession. If you are a broker and have ideas for topics to […]

From the New York Times: Coop Q & A

December 18, 2016

The huge presence of cooperative apartments in New York City is one of the many things that makes the local Real Estate market truly unique. However, the complex nature of coop ownership can sometimes be daunting to would-be purchasers–or even present owners. Since each coop is in essence its own independent corporation, individual buildings can […]

New Change to NY Mortgage Tax Law Takes Effect

December 15, 2016

On October 1st, a change in New York Mortgage Tax law went into effect. Mortgages guaranteed by or participated in by an IDA, or Industrial Development Agency, are no longer exempt from all mortgage taxes, but will now have to pay New York’s special additional mortgage tax. The special additional mortgage tax applies to New […]

Dinner on Us!

December 9, 2016

Weidenbaum & Harari told all our employees to pick some special people in their lives to go out for dinner…on us! The only catch? We wanted proof of the fun people were having in the form of a photo (the sillier the better). So we armed everyone with our firm logo and sent them out […]

NYC Real Estate Attorney’s Closing Report: September 2016

December 5, 2016

Just a few of our recent closings. If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction 239 Union Avenue, Harrison, NY $1,400,000 House Purchase 1265 Decatur Street, BK, NY $465,000 Condo Purchase 225 East 36th Street, NY, NY $465,000 Coop […]

NYC Real Estate Attorney’s Closing Report: August 2016

November 11, 2016

Just a few of our recent closings. If you are also looking to buy or sell at these property addresses, you might want to give us a call. Property Value Transaction  319 East 50th Street, NY, NY $390,000  Coop Purchase  270 Riverside Drive, NY, NY $3,095,000  Condo Purchase  3965 Route 343, Amenia, NY $255,000  House […]

What are HDFC Buildings?

November 7, 2016

HDFCs (Housing Development Fund Corporations) are essentially income-restricted cooperatives; they limit a potential purchaser’s ability to buy in based on whether their annual salary falls below the calculated income cap. The establishment of HDFCs were geared toward purchasers looking for a residential home to keep for a substantial period of time, with the possibility of […]