By MICHELLE HIGGINS The rules of engagement for buying an apartment in the city have changed. Negotiation, brokers say, is no longer part of the equation. Forget about taking time to mull over your decision. Serious buyers need to be prepared to pounce. And while lots of cash has always helped, it’s now more important
Read more %1$sTop 12 questions New Yorkers ask their mortgage bankers
Sponsored by National Cooperative Bank If you’re applying for a mortgage or refinancing your existing one in the post-Lehman world, you probably already know that there’s a bit more to the process than finding the best rate and filling out some paperwork–and that it behooves you to go in with your eyes wide open. To
Read more %1$sMoveMent App: iPhone geo-tagging means what you see in a rental listing is what you get
By: Leah Hochbaum Rosner Finding a new apartment in NYC is no easy task. Less-than-scrupulous brokers regularly post listings to sites like Zillow, Trulia, RentHop and Craigslist that seem to depict paradise on earth, but are actually more like holes that aren’t fit for human habitation. It’s tough to tell whether what you’re seeing online
Read more %1$sThe Board Room: New York City condos wake up to the high price of absentee ownership
By Robert Braverman Investor demand has helped fuel rising condo prices, but many New York City condo boards are waking up to the fact that a bumper-crop of absentee owners–many of them investors–can be hazardous to their building’s health. In the buildings where I am the legal advisor to the board, the tipping point occurs when
Read more %1$sDeanna Kory’s Buyers Guide
Deanna Kory’s Buyers Guide Purchasing real estate in Manhattan can sometimes be an overwhelming experience. As a result, buyers often rely on professional real estate brokers to show them properties and guide them through all the intricacies of the market. This brochure will assist you in understanding what is involved in purchasing residential real estate
Read more %1$sHow to Get Rich Quick by Buying an Apartment and Flipping It
Curbed University delivers insider tips and non-boring advice on how to buy, sell, or rent a home or apartment. Additional questions welcomed to [email protected]. Today’s topic: how to buy an apartment and flip it. Say you have a few million dollars, but you would like a few millionadditional dollars on top of the amount that you already have.
Read more %1$sBusiness has been good
By James Wacht President, Lee & Associates NYC Kudos to Mayor Michael Bloomberg and his predecessor, Rudolf Giuliani, for the business-friendly government New York City has experienced since 1994 that has contributed to our emergence as a world leader. But we cannot rely on our past or even current performance to keep us there; we
Read more %1$sSearch by neighborhood to find NYC apartments
…NY Bits will help you find the perfect New York City apartment in the perfect NYC neighborhood. Our no-fee rental search tool, arguably the best in the city, allows you to browse specific apartment availabilities posted by owners, building managers, and select no-fee brokers, all of whom you can contact directly. Just browsing for the
Read more %1$sYes and No
Posted on February 4th, 2013 by Frederick Peters, President The co-op Board experience, largely unique to the New York area and, to a smaller degree, to Chicago, presents more challenges to broker, buyer, and seller alike than any other aspect of our real estate business. There is no negotiation. While each building has a list of
Read more %1$sThe ‘Starchitect’ Effect on Condo Prices
By SANETTE TANAKA When selling New York real estate, behind location, location, location is architect, architect, architect. Residences in buildings designed by big-name architects tend to sell for more than similar units in buildings designed by lesser-known architects, according to an analysis of sales over the past two years by New York-based appraiser Jonathan Miller.
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