Category: Buying & Selling

Buying & Selling Co-op, or Condo?
Co-op, or Condo?

Although co-ops make up roughly 80 percent of the available-for-purchase housing stock in New York City, buyers often face this common dilemma when apartment: hunting: should they seek a co-op, or a condo? Many factors come into play in t…

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Buying & Selling Champagne Problems
Champagne Problems

As reported by the Commercial Observer in  January  of this year,  Elliott Management Corporation and GFI Capital Resources Group acquired the Parker New York hotel for $420 million, with hopes to renovate and add 67 condominium units…

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Buying & Selling Taking Flight to Florida?
Taking Flight to Florida?

It's tax season, and homeowners in some states are apparently getting hit harder than others due to   President Trump’s revised tax legislation.  During a press conference in early February, New York Gov. Andrew Cuomo argued that t…

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Buying & Selling Support for Pied-à-Terre Tax Grows
Support for Pied-à-Terre Tax Grows

If state legislators get their way, wealthy people who own expensive second homes in the Big Apple may have to fork over more in taxes. This past Monday, Gov. Andrew Cuomo  and other Democratic leaders in Albany  announced their suppor…

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Buying & Selling Exit Amazon
Exit Amazon

Updated 2/19/19 New York Gov. Andrew Cuomo wasn't the only person disappointed about Amazon pulling out of the controversial deal to bring its second headquarters to Long Island City.   The online retailing giant’s surprising reversal…

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