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

… When youre buying in New York City one of the documents you will need to obtain … of occupancy Editors note An earlier version of this article was published in November 2024 We are presenting it again with updated information for …

By Evelyn Battaglia |October 7, 2025 - 2:00PM
Your vote: What you need to know about the affordable housing questions on the November ballot

… that would rewrite how NYCs government signs off on certain affordable housing developments And prodevelopment advocates … need leaving tenants to fight over too few affordable homes said Annemarie Gray the executive director of … government approvals and processes but its really all about the administration of that process said Spencer Levine …

By Celia Young |September 18, 2025 - 12:00PM
20 crucial questions for buying a new or pre-construction condo in NYC

… Will these become your own headaches The onus is on you to do your prepurchase due diligence For example you can research the developers track record and see how their other buildings have turned out assuming there are … charges free storage or parking spaces and coverage of  transfer taxes  the mansion tax  and  mortgage recording …

By Evelyn Battaglia |September 17, 2025 - 12:30PM
Cheap trick: How much you can save when buying an older property in NYC

… buying a shiny new place just might encourage armed robbery Apartments and single and twofamily homes built in the past … uniformly wrote Eliza Theiss in the report In Manhattans luxury corridors new towers command staggering multiples whereas in coop heavy or affordabilitydriven areas the same new label carries little or no premium Its no …

By Celia Young |September 4, 2025 - 11:30AM
New development is rapidly transforming Gowanus. Here’s what renters and buyers can get

… between Park Slope and Carroll Gardens you might think that real estate developers active in Gowanus would be touting its proximity to two of Brooklyns most expensive and desirable neighborhoods After … businesses and arts organizations … Protecting artists and community members … As part of the rezoning Arts Gowanus a …

By Jennifer White Karp |May 21, 2025 - 10:30AM
A sleeper no more: What new condo buyers can get in Kips Bay

… achieve in denser parts of Manhattan Zhou said … Avoiding Local Law 97 headaches … One advantage of buying in a new … said He attributes that to its views Were used to seeing NYC as pedestrians so its pretty amazing to see the city …

By Jennifer White Karp |March 18, 2025 - 2:30PM