Category: Community Living

Buying & Selling
FHA Eases Financing Regs

The Federal Housing Administration (FHA), which insures mortgages made by private lenders and banks, will ease condo financing regulations to open up homeownership for more first-time buyers, effective October 15, reports Yahoo! Finance.…

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Buying & Selling
Condo Contract Crisis?

The National Law Review is alerting litigators to be prepared for a rash of lawsuits related to a possible looming housing recession, likening the outlook to what happened in 2008’s economic crash. As the condo developers of a deca…

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Buying & Selling
Condos Exempt from LLC Disclosure Law

Back in September, Governor Cuomo signed into law a bill passed by the New York State legislature meant to make public knowledge the actual owners of one-to-four family homes purchased under the guise of LLC’s, limited liability corporation…

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Buildings
Assessing Energy Needs

Between helping the planet and helping your building's bottom line, it pays to be familiar with your energy profile. In this clip, two multifamily energy pros discuss the criteria and process they use to determine an individual community's …

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Buying & Selling
Pied-à-Terre Tax Effort Revived

Bloomberg Quint reports that another blow may be heading toward the  high-end real estate market,  in the form of a revived effort by state lawmakers to impose a tax on second-home purchases of $5 million or more. This tax follow…

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Real Estate Trends
Glass vs. Masonry

Over the past two decades, New Yorkers have become increasingly used to seeing tall, reflective, glass residential towers rise over the cityscape, even in neighborhoods that have been bastions of the world-class architecture that gives the …

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Real Estate Trends
Lobby Decor

While not usually considered an amenity per se, an elegantly appointed lobby can be both a draw for prospective purchasers and a welcoming space for residents in co-op and condominium communities. While some communities furnish their lobbie…

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