How Reserve Funds Impact Condo and Co Op Buyers in NYC
Reserve funds are one of the most important but least understood parts of condo and co op financials. These funds are set aside for major…
Category: Buying
How Co Op Board Approvals Work in NYC Real Estate
Co op board approval is one of the most intimidating parts of buying in New York City. Unlike condos, co ops require buyers to be…
Ryan Serhant Says It’s “Nobody’s Market.” Here’s What That Means in Staten Island
Buying a home isn’t easy right now. Rates are higher than you want. Prices feel like they’re stuck on fast-forward. And every headline seems to…
Buying With A Partner: Avoiding Financial & Emotional Pitfalls
In recent years, high housing prices have made it difficult for single home buyers to enter the real estate market. More and more people are…
ADU Utility Requirements Under NYC’s City of Yes
Utility requirements determine whether an ADU is safe, legal and compliant. Under the City of Yes proposal, Accessory Dwelling Units must meet specific plumbing, electrical,…
How Condo House Rules Affect Buyers in NYC
Condo buyers often focus on price and condition and ignore house rules until after closing. That mistake can create serious lifestyle and financial issues. Condo…
How Buyer Contingencies Work in NYC Real Estate Contracts
Buyer contingencies are one of the most misunderstood parts of a real estate contract. In NYC, contingencies define when a buyer can walk away without…
Fire Safety and Fire Separation Requirements for ADUs in NYC
Zoning gets all the attention, but fire safety is what actually determines whether an ADU is possible. Under City of Yes, ADUs must still comply…
Early Signs of Foundation Settlement in Staten Island and Brooklyn Homes
Foundation settlement is one of the most misunderstood structural issues in older homes. It’s also one of the most expensive problems to ignore. Staten Island…
What Clear to Close Really Means in a NYC Real Estate Deal
Buyers hear the phrase “Clear to Close” and assume they are finished. In reality, this stage means the lender has approved the loan and all…