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Bricktionary

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Affordable Housing
First rent: How the rent can be hiked on newly combined stabilized apartments
By Emily Myers |May 3, 2023 - 12:30PM
Upper East side buildings, close up
Co-ops
What is an underlying mortgage when you're buying in a co-op building?

… asset to borrow against it Sykes says a good way to think about this is to imagine a Lego tower with each brick …

By Emily Myers |April 19, 2023 - 2:45PM
Close-up view of some buildings and skyscrapers during sunset. Downtown Manhattan, New York City, United States of America. - stock photo
Live
What is a co-op or condo assessment? How is it calculated?
By Emily Myers |March 28, 2023 - 9:30AM
Sign in window of building for energy efficiency rating Grade B
Troubleshooting
What's an energy audit and how much does it cost?
By Emily Myers |March 7, 2023 - 10:00AM
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Negotiating + Financing
What is an escalation clause and what are the risks?
By Evelyn Battaglia |March 1, 2023 - 12:30PM
Sometimes the deal sheet discloses items or obligations you haven't been made aware of during the offer process.
Negotiations + Closings
What's included in a deal sheet when you buy a NYC apartment?
By Emily Myers |February 21, 2023 - 9:30AM
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Sell
What is a 1031 exchange and how does it work?
By Emily Myers |February 6, 2023 - 9:30AM
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Buy Affordable Housing
What is a limited equity housing cooperative and how affordable is it?
By Emily Myers |August 8, 2022 - 12:30PM
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Improve
What's a letter of no objection? And why would a buyer ask for one?
By Emily Myers |May 19, 2022 - 12:30PM
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Roommates + Landlords
What's the difference between a co-signer and a guarantor?
By Emily Myers |May 5, 2022 - 1:30PM
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