Buying an apartment for your adult child? Here are 7 things to keep in mind

… is more challenging than a typical one Read on for tips on what to expect and how to prepare Be sure to check out Brick … owner to live there Look at a listing beforehand and see if it explicitly allows parents to buy for kids Many … on the stock and lease He continued The main point is to see what the building prefers or requires so it can be …

By Jennifer White Karp |February 28, 2025 - 10:00AM
How do I keep an inherited brownstone out of the hands of predatory investors?

… … Inheriting property is a windfall for any New Yorker but can quickly turn into a headache when … your brownstone they can no longer go to court to force a sale of the property through a partition action which is … but it could be used as a tactic to strip equities from homes Now only the heirs of a property can initiate a …

By Celia Young |July 30, 2024 - 9:45AM
How retirees can qualify for a rental apartment in NYC

… have an incomewhen youre retired its even more difficult Whats making the situation worse for many retirees is the current market where rents are seemingly stuck at close to record levels  If you dont … to an annual income of 40 times the rent most want to see a credit score above 700there are still some workarounds …

By Emily Myers |April 25, 2023 - 9:30AM