Insights, Trends and Advisory
HOW TO BUY A NEW YORK CITY APARTMENT? New York City apartments come in two flavors: Co-op (short for “cooperative”) and condominium. The first step in the NYC buying process is to decide which one suits you better.
Rent Stabilization Demystified: Know the Rules, Your Rights, and if You’re Getting Cheated In New York City there are currently about one million rent stabilized apartments–about 47 percent of the city’s rental units. So why is it so hard to snag one? What are the benefits of having one (other than affordable rent, of course)?
Stuff You Should Know: How Air Rights Work Most folks outside the architecture and real estate industries are likely to believe that putting up a new skyscraper is simply about finding an empty lot to build up. However, those in the know understand that it takes much more than a stretch of space and a good engineer to lock in neck-craning heights.
Interested in a Flex Apartment? Here’s What You Need to Know With rising real estate prices and shrinking spaces, flex apartments are growing in popularity with roommates, couples and families who are looking to add another room but can’t afford to move into a larger space.
Understanding the Power of Eminent Domain It has been called the most coercive public policy after the draft. It has also been said that without it, construction in major cities would come to a shuddering stop. What is this powerful, controversial tool? Can both statements be true?
Buying or Renting in New York as a Foreign National For international investors and those from abroad looking to make a home in the states, New York City remains one of the most open and foreign-friendly markets.
Leaving the Dorm: A Crash Course for Student Renters and Their Parents Despite New York City’s high rental prices, most college students opt to leave campus housing after freshmen or sophomore year. At NYU, 56 percent of students live off campus, and at The New School, the number of students living off campus is even higher.