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 199 Bowery, NY, NY $1,040,000.00 Condo Purchase 138 Broadway, BK, NY $2,355,000.00 Condo Purchase 225 Central Park West, NY, NY $1,615,000.00 Coop Purchase 13 […]
New York City real estate is breaking records with its latest high-selling residences. A triplex on Broome Street in SoHo recently set a record for highest price for a single residence in the area with a sale price of $49 million. This was also the city’s most expensive closing for all of November. Along with […]
Following a dip in the early Spring, the number of real estate transactions occurring in NYC has rebounded. How do we explain the increase while COVID remains a prevalent concern? This article published by the New York Times points to a number of contributing factors, including low mortgage rates, increases in the number of first-time […]
One side effect of the hardships imposed upon brick-and-mortar businesses during the Covid-19 pandemic is the potential for lost income for coop buildings with an attached commercial space. If a business is experiencing difficulties, it can lead to tough decisions for the coop, including whether to increase maintenance to cover the gap, or potentially face […]
Living in NYC, it’s often easy to overlook the city’s architectural marvels – even more so when most of it’s residents are stuck indoors. However, for those looking to learn more about the city’s distinct locations and their history, have a look at the series of interactive “virtual tours” published by the New York Times, […]
Many NYC real estate lawyers are familiar with coop and condo transactions, but our practice also includes representing clients with their house purchases. We have seen a recent uptick in house transactions in today’s changing market. If you are currently navigating this process, here are some initial tips to protecting the client’s interests. First, it’s […]
Just a short time ago, prior to the COVID-19 outbreak, the antiquated nature of New York real estate closings was still something the real estate community just learned to accept. Each closing typically required in-person attendance to review, sign and notarize piles of paperwork in exchange for certified bank checks, original ownership documents and keys […]
In response to uncertain market conditions due to the Covid-19 pandemic, some major institutional lenders may be changing their lending policies, including capping the loan-to-value ratio they are willing to approve. This is important to keep in mind on both sides of a real estate transaction, before getting into contract. Purchasers should discuss loan parameters […]
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 516 West 47th Street, NY, NY $960,000 Condo Sale 130 Jane Street, NY, NY $2,411,000 Coop Sale 2575 Palisade Avenue, Riverdale, NY $710,000 Coop […]
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 229 East 28th Street, NY, NY $340,250 Coop Sale 318 Central Boulevard, New Hyde Park, NY $605,000 House Purchase 657 East 26th Street, BK, […]