What is a pied-à-terre? What makes it different from a typical NYC apartment?

… Piedàterre is the term used to describe an apartment that isnt an owners primary residence If the … apartment and want to know what appeals to a piedàterre buyer read on … Who is buying piedsàterre in NYCNYC has long been where wealthy …

By Evelyn Battaglia |March 5, 2026 - 10:30AM
What is the warranty of habitability and how does it affect tenants?

… Every apartment in New York is required to have a minimum of … must abide by in order to keep your apartment and the building safe and livable at all times These … in any way Tenants can argue they are entitled to withhold rent if a landlord violates the warranty of habitability by …

By Evelyn Battaglia |February 24, 2026 - 10:45AM
What’s a condop? What do I need to know about buying there?

… When you are hunting for an apartment in New York City you may come across a listing for … description Condops are mixeduse coop buildings with commercial or nonresidential space on the ground floor As a … multiple boards that separately govern the residential and commercial parts of the building  … Why NYC has condops … …

By Evelyn Battaglia |May 6, 2025 - 10:30AM
What is a mortgage recording tax? Are there ways to reduce it?

… and the tax for the buyer is calculated on the unpaid principal  Heres how it works Say an initial mortgage was … tax rate of 18 percent You dont pay twice for the unpaid principal of the original mortgage when the loan is assigned …

By Brick Underground |February 18, 2025 - 12:30PM