New targeting orders from the Financial Crimes Enforcement Network (FinCEN) took effect beginning March 1st. These measures, aimed at fighting money laundering schemes by identifying individuals behind purchasing entities such as corporations, will affect which data certain Title Insurance companies must report to the government. The changes will be required for most purchases of Manhattan […]
The New York Times Real Estate section recently published an an advice column with information that prospective coop buyers may find pertinent. Two specific questions are ethical in nature: the first examines the use of “dummy money,” funds loaned or temporarily deposited into a bank account prior to closing in order to fulfill coop board […]
We would like to congratulate one of our clients, Mortar Architecture + Development, on their recent profile in the New York Times Real Estate Section. The article tells the story the firm’s condominium at 324 East Fourth Street, a building with a (literally) colorful past. Weidenbaum & Harari is pleased to represent Mortar in their […]
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 66 Leonard Street, NY, NY $1,920,000 CEMA Condo Refinance 435 East 77th Street, NY, NY $575,000 Coop Sale 3850 Sedgwick Avenue, BX, NY $186,000 […]
Beginning February 23, certain changes went into effect concerning the ALTA/ASCM survey, which lenders may require in some circumstances from borrowers pursuing a mortgage. The biggest change is that the name of the survey itself will be different: since the ACSM (American Congress of Surveying and Mapping) is now the National Society of Professional Surveyors, […]
Weidenbaum & Harari would like to recognize our new extern and interns for this term. Melanie DeFiore and Simon Hannanian are both joining us from the Benjamin N. Cardozo School of Law, while Shelbey Tamayo will be joining us for a second term from Brooklyn Law School. We are excited to work with them this […]
According to this article from the New York Times, NYC Mayor Bill de Blasio may unveil plans for a new streetcar system linking Brooklyn to Queens. Though any such project would be unlikely to begin construction until 2019, its impact on the two growing boroughs—and the future of New York Real Estate—could be immense!
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 450 West 17th Street, NY, NY $2,265,000 Condo Purchase 140 East 83rd Street, NY, NY $475,000 Coop Purchase 121 East 88th Street, NY, NY […]
According to a recent report from the New York City Department of Finance, the total property value for New York City in the 2017 fiscal year has risen above a trillion dollars for the first time, to a massive final figure of 1.072 trillion. The growth, fueled by a surging Manhattan market and increased construction […]
Investopedia recently released their list of the five best Real Estate lawyers in Manhattan, and Barry Weidenbaum and Jack Harari made the top of the list. The article cites their long service and breadth of expertise in the industry, as well as their pursuit of mutually beneficial solutions over litigation in commercial property disputes. We’re […]