What is a 'major capital improvement' and how does it affect the rent?

… Theres generally a period where tenants are notified about the work and have an opportunity to object A landlord …

By Celia Young |September 11, 2024 - 10:30AM
What does 'right of first refusal' mean when you are selling a NYC condo?

… A New York City condo board has limited ways to exercise control over …

By Brick Underground |May 16, 2024 - 2:30PM
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 … out for when you sell a flip tax if you live in a coop or a transfer fee if you live in a condo which usually amounts to … Stone says Coops and condos are slow to react to things to get things passed to bring things up for a vote to work with …

By Celia Young |April 1, 2024 - 2:30PM
What are land-lease buildings? Are they common in NYC?

… below  … Coop vs condo landlease buildings … There are about 100 landlease coops and only a handful of landlease …

By Evelyn Battaglia |December 4, 2023 - 12:30PM
What is a cash-out refinance? Are these done in NYC?

… a cashout refinance … Before you speak to a mortgage lender about a cashout refinance find out the value of your …

By Emily Myers |September 18, 2023 - 3:00PM