What is the certificate of occupancy and why is it such a big deal?

… shortened to C of O or just CO It identifies how a building can be usedfor example whether it is zoned for … theres no C of O or TCO You should definitely check if a  basement apartment has a C of O … Is a C of O needed to … or delays with the C of O can disrupt your mortgage process Banks require at least a TCO to issue financing  Even …

By Evelyn Battaglia |October 7, 2025 - 2:00PM
What’s a condop? What do I need to know about buying there?

for sponsor coops A condop is probably the most misunderstood type of NYC apartment and while brokers often describe … to the commercial space So its important to find out how well the boards function by asking the managing agent … Pro Tip If youre not seeing enough homes for sale in your price range or target neighborhoodandor youd like to avoid a

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

… When you search New York City rental listings you may see the term net effective rent or a … to encourage you to sign a lease they often advertise the apartment at the net effective rent which means the … it Need to figure out the gross rent for an apartment To calculate your actual monthly payments you take the total …

By Jennifer White Karp |March 26, 2025 - 4:00PM