NYC Real Estate Attorney’s Closing Report: August 2022

October 6, 2022

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 215 East 79th Street, NY, NY $1,260,000.00 Coop Purchase 100 West 93rd Street, NY, NY $1,050,000.00 Condo Sale 5-03 50th Avenue, LIC, NY $1,995,000.00 […]

Purchasing a Co-op: What to Expect at the Closing Table

September 30, 2022

Congratulations! You are almost to the finish line of your Co-op purchase. Please take a moment to review the information below so that you may better understand what to expect as we approach your closing day. Some of the specifics described below may change based on the particular circumstances of your transaction. Please let us […]

NYC Real Estate Attorney’s Closing Report: July 2022

September 26, 2022

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 18 West 70th Street, NY, NY $1,350,000.00 Coop Purchase 373 Hoyt Street, BK, NY $2,574,500.00 House Purchase 17 East 89th Street, NY, NY $1,385,000.00 […]

Potentially Great Opportunities for First-Time Homebuyers on the Horizon

September 20, 2022

According to the Federal Reserve Bank of New York, median home price expectations have declined by 1.4 percentage points, now below pre-pandemic levels. This may be great news for first-time homebuyers, as noted by Fannie Mae. According to their Home Purchase Sentiment Index, decreasing home prices, in combination with the sentiment that mortgage rates will […]

NYC Real Estate Attorney’s Closing Report: June 2022

September 14, 2022

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 44 West 62nd Street, NY, NY $3,750,000.00 Coop Purchase 527 Vanderbilt Avenue, BK, NY $955,000.00 Condo Purchase 132 East 35th Street, NY, NY $660,000.00 […]

Self-Managed Buildings: Tips for Brokers, Bankers, and Clients from a New York Real Estate Lawyer

September 12, 2022

Self-management helps smaller buildings save on the expense of retaining a management company. In exchange, unit owners (or the shareholders of a coop) take on the responsibility of performing building related tasks. These can range from repair and maintenance work to accounting and record keeping services. While self-management can help buildings balance their budgets, self-managed […]

NYC Real Estate Attorney’s Closing Report: January 2022

April 8, 2022

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 140 West 69th Street, NY, NY $335,000.00 Coop Sale 19 East 88th Street, NY, NY $3,700,000.00 Coop Sale 100 West 12th Street, NY, NY […]

From Reuters: Low Inventory to Drive Housing Prices Upward in 2022

April 4, 2022

Housing prices are expected to rise by over 10 percent this year, according to projections published by Reuters. This trend, driven by scarcity of property for sale and higher-than-expected-demand, has also been driven by low interest rates, though these are expected to rise. While this is only a projection, and may be affected by outside […]

NYC Real Estate Attorney’s Closing Report: December 2021

March 29, 2022

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 220 East 67th Street, NY, NY $335,000.00 Coop Purchase 20 West 64th Street, NY, NY $1,795,000.00 Condo Sale 255 East 74th Street, NY, NY […]