BrickUnderground Staff

Lemonade Renters Insurance, one of the most affordable renters insurance plans available to New Yorkers, will protect your stuff in a bunch of really bad scenarios, like theft, fire, or water damage from a burst pipe or leaky appliance.

“In most instances, a board is within its rights to reject prospective buyers without giving a reason, but if it's starting to seem suspicious, you do have some recourse to move your sale along. The first step is to check the proprietary lease to see if it says the board may reject without giving a reason,” says Steven Wagner, partner at the Manhattan law firm Wagner, Berkow & Brandt.

Once a renovation has stopped, contractors don’t usually hang around waiting. Neither does the clock stop, so if you’ve agreed to complete the work within a specific time frame you may be responsible for liquidated damages if the work runs longer than the time allowed by your building. That’s in addition to the extra cost of getting the contractor to come back to finish the work.

Having a lien on your building or apartment means someone else has a claim on it and it could prevent your building and apartment owners from refinancing, as well as scare off potential buyers. In short, you should make it a priority to get it removed. 

“There are strict rules in the building code to protect adjacent property owners.  What is required, in addition to giving you notice, is for the developer of the new structure to underpin your building,” says Steve Wagner, a real estate attorney, and partner at the Manhattan law firm, Wagner Berkow & Brandt. 

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