The worst of the recession—big-time failures of investment banks and mortgage companies, huge banks in trouble, companies laying people off in the thousands—may be over. There are some signs of hope, and residential buildings that were …
New York City began as a city of immigrants and has maintained a long and laudable history of welcoming foreign travelers and residents. In recent years, residential real estate sales have glowed even brighter for buyers from overseas.…
In the best of circumstances, qualifying an applicant for a co-op or condominium purchase can be a challenging process. Market conditions play a part in a board's consideration of applicants, and recent fluctuations have changed the wa…
Like any major project in a co-op or condominium, installing a gym is made up of two separate yet equally important parts: The brass tacks of planning and executing the project, and the politics of running it through the board and resi…
Buying an apartment in New York can be a smooth process—or as smooth as smooth can be when the number of attorneys present at the closing are enough to field a N.Y. Urban Professionals Basketball League team—or it can be a harrowing roll…
There's no question about it: economically speaking, it's been a very weird couple of years here in Gotham. While the outright market collapse so many feared seems to have been largely avoided, sellers who have seen double-digit declin…
New York City's real estate market has certainly seen its bumps and bruises over the last couple of years, but according to sales agents in the Manhattan luxury market, buyers are still buying – but their faces have changed, and they're…
While the grid of streets and avenues may remain rigid and unchanging as the years go by, New York City’s neighborhoods are organic entities, constantly shifting and evolving as new features emerge and old ones fade away. Nowhere is thi…
In most cities, traditionally, the choicest pieces of real estate are owned by native sons and daughters, people who are from the area. Money comes in from everywhere, but the entrepreneurs making that money are homegrown. Heinz and Carn…
When a long-time renter purchases a co-op or a condo apartment, the move is perceived as a step up. No longer are you just shelling out rent every month—you're building equity, investing in your own security. Regardless of whether your n…