What’s the average flip tax for a condo or co-op in New York City?

… if you live in a coop or a transfer fee if you live in a condo which usually amounts to 1 to 2 percent of the sales … for coop buildings instead of increasing maintenance costs or instituting the dreaded assessment to shore up … to finance building operations without directly increasing carrying costs Pichulik says With inflation and rising …

By Celia Young |April 1, 2024 - 2:30PM
Secrets of a 27-year-old condo flipper

… met my wife I was living at a studio at John Street in the Financial District I purchased that right out of college in … gone bankrupt and the building was foreclosed on We heard about it from a contractor who was working on it A hedge … OK well close in two months and move to Dumbo We had talked about doing a renovation and got an architect involved The …

By Bernard Klein |December 30, 2015 - 12:24PM
Is it time for buyers to give Bed-Stuy another chance?

… not net the kind of monthly incomes theyre hoping for when buying multifamily properties All of which means less … is  a slow down its very new or is happening right now So whats next Well have to wait and see what happens in the … the cold months always lead to a lull in prices for both renters and buyers alike so between the seasonal slowdown …

By Virginia K. Smith |March 6, 2015 - 2:30PM