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 a condop particularly if you are searching for … shared spaces including common hallways or laundry rooms What to know about buying or selling a condop in NYC …

By Evelyn Battaglia |May 6, 2025 - 10:30AM
Understanding net effective rent: Here's how to calculate your real monthly rent

… free months rent is a hollow victory if you have to choose between overpaying or moving when your lease is up … most valuable concessions negotiating with landlords and leasing agents and generally getting the best possible … Renters who are new to NYC are often unfamiliar with the difference between gross rent and net effective rent A few …

By Jennifer White Karp |March 26, 2025 - 4:00PM
What is a pied-à-terre? What makes it different from a typical NYC apartment?

… buying piedsàterre in NYC … NYC has long been where wealthy international buyers safeguard their money by owning a … whose owner is not entitled to a resident tax credit  These apartments are also referred to as second homes Not every … largest number about 80 percent are condos Fifth Avenue in Midtown has long been desired location But Downtown …

By Evelyn Battaglia |March 7, 2025 - 12:30PM
What is a community land trust? How does it help low-income buyers?

… a say in how their building is run The CLT provides ongoing services to the building such as financial guidance   Dallas …

By Jennifer White Karp |February 25, 2025 - 2:00PM
What is a rent-impairing violation for a NYC apartment?

Rentimpairing violations are conditions in your apartment … dangerous that your landlord will be barred from collecting rent from you if they fail to fix them Under New Yorks … of rentimpairing violations according to the Department of Housing Preservation and Development If your landlord fails …

By Celia Young |January 3, 2025 - 1:30PM