What’s the average flip tax for a condo or co-op in New York City?

… already familiar with the myriad fees that come with buying in New York City But theres one more cost you should … fee … Flip taxes and transfer fees are very common in NYC says Richard Apell controller at property manager Argo … to the most recent Douglas Elliman market report But a slowdown in deals hasnt encouraged condo and coop boards to …

By Celia Young |April 1, 2024 - 2:30PM
Private equity: The biggest NYC landlord you never heard of that’s raising rents

… may be thinking ofsmall momandpops and rental companieswho are sending out rent increases with lease renewal notices to … the US and here in NYC private equitybacked firms have been buying marketrate rental buildings and are also … and bring universal rent control to the entire state  … Why are private equitybacked owners a problem … According to …

By Jennifer White Karp |March 7, 2022 - 9:30AM