What is a post-closing possession agreement and what are the risks for buyers and sellers?

… City a good strategy for beating the competition is to find out what the seller wants and be the buyer who meets their … remain in the apartment beyond the closing date  This kind of agreement usually happens when a seller needs to qualify … and cons carefully … Being adaptable around closing and moving schedules could result in a winning offer if it comes …

By Brick Underground |July 16, 2025 - 12:30PM
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 sponsor coops A … prospective buyers about how the boards work  … What you need to know before buying a condop … Condops often have …

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 … amount called the gross rent This can make it difficult to figure out how much money youll be handing over to the landlord each month When landlords offer concessions like a month or two …

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