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foreign buyers
Brokers say NY bill revealing LLC owners to the public would chill sales
… of buying NYC real estate The bill is yet another deterrent to buying here that sends an unwelcome message Lets … like frivolous lawsuits that make it more difficult to be a landlord or transfer wealth he says While the intent of the … for fighting money laundering … Transparency for renters … However if approved Assemblymember Gallagher says …
They're back: NYC buyers can expect more competition from foreign investors in 2023
… York City you can expect to face increased competition from foreign buyers in the new year brokers tell Brick But many … of the year since one real estate lawyer who represents foreign clients says deals involving international buyers … government has over businesses he says And he says South Korean investors are buying here because of restrictions on …
Buying plans on hold for now? Here's what you can do to gain an advantage later
… Rising mortgage rates which make buying 55 percent more expensive this year … Days on the market He says buyers are starting to regain negotiating power as indicated by an increase in times … but entered contract 10 days earlier than the typical home around this time of the year between 2017 and 2019 …
New money and suburban-style living: A look at what's fueling the fever for NYC luxury penthouses
… resurgence Its hard to think of anything else that compares to living on top of a building with birds eye views of … listings cutthroat bidding wars and trophy property flips Buyers are still drawn to the cachet of these unique … buyers who have not seen the property in person Thats why who the architect and developer are really matter You …
Is now the right time to sell in NYC? Brokers sound off on six scenarios
… less of a factor Of course some sellers dont have the luxury to wait They need to tap equity in their place for another purchase and arent in a position to time the market But if you have the … in on the following scenarios … tripleIf you have A larger apartment with outdoor space or a workfromhome alcove … The …
NYC sales are booming mostly without foreign buyers. What happens when they return?
… Sales are booming in New York City even as international buyers have been mostly absent from the real estate market barred by travel bans from coming to the United States but thats all about to change On Friday … And they have more incentives than just real estate The reasons for keeping a pied à terre in the city are falling …
