Anyone who has lived in NYC knows that heat and hot water are often included in the rent. But that also means that you are not always in control of the temperature of your apartment. To protect tenants, there are a set of laws that govern when property managers in New York City are required … Read more
After Manhattan, Brooklyn is New York City’s most sought-after borough. While there are still certain areas where safety may be a concern, many areas are as safe as anywhere else in the country. Here is a closer look at the safest neighborhoods in Brooklyn. Tips for Finding a Safe Neighborhood in Brooklyn 1. Visit the … Read more
You need a lot of money to buy an apartment in New York. Besides a hefty down payment, you’ll need to cover a variety of other fees associated with purchasing a home. Here’s a look at NYC buyer closing costs. Housing prices in NYC are exorbitant. But when shopping for a New York City home, … Read more
If you are thinking about constructing a building in NYC, you will have to obtain what is called a certificate of occupancy. This will verify the intended use of the building and ensure that the property meets all the necessary standards and regulations to protect the safety of the public. Here is a closer look … Read more
New York City is known for its exorbitant housing prices. Rent regulation legislation is meant to keep the market from getting out of control, but finding rent-stabilized apartments in NYC can be challenging. The limited supply and high demand for housing in NYC create prime conditions for landlords who want to raise prices as high … Read more
The Upper East and West side of Manhattan are two of the most prestigious neighborhoods in New York City. However, while both areas feature gorgeous homes and prestigious cultural institutions, there is a common debate about which is better. Here is a look at the Upper West Side vs. the Upper East Side to help … Read more
New York City is one of the wealthiest metropolises in the world, but that doesn’t mean it’s without its rough areas. So, it’s important to know the bad parts of New York if you are thinking of moving there or even just visiting. Here is a look at some of the worst neighborhoods in New … Read more
Due to the high real estate prices, it’s common for those who work in New York City to live in New Jersey and commute when they have to go into the office. One of the biggest perks of living in NJ and working in NYC is the tax benefits. There are plenty of desirable suburbs … Read more
New York City is known for its high taxes. So, to offset these costs and encourage economic activity, the city also offers programs that help lower the property tax bill of developers who are willing to participate in programs to benefit the community. One of the most common is the 421a tax abatement. Here is … Read more
Closing costs in New York City can be a significant expense, even for the seller. You’ll likely be walking away with a nice check, but you are still responsible for paying certain fees that can add up quickly if you don’t anticipate them. New York City has all kinds of unique taxes and fees that … Read more