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

… When you are buying in New York City a good strategy for beating the competition is to find … agreement might scare off potential buyers who dont want to take on that kind of risk  A postclosing possession … lease and a license … Although it looks like the seller is renting back the apartment theyve just sold the contract you …

By Brick Underground |July 16, 2025 - 12:30PM
What’s a condop? What do I need to know about buying there?

… common hallways or laundry rooms What to know about buying or selling a condop in NYC Multiple boards add … specific to the residential spaces such as common hallways  Buyers should do their due diligence Having different boards … avoid a bidding war consider expanding your search to offmarket listings NYC real estate brokerage  The Agency 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 higher rent amount called the gross rent This can make it difficult to figure out how much money youll be … for the duration of the lease This can be something you ask for at lease signing especially when there is a problem …

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