Category: Real Estate Trends

Real Estate Trends Beware of Safety Violations
2011 April Beware of Safety Violations

When applying for co-op financing, our buyers and clients may be approved for a mortgage―but the co-op that they are buying into may not be. Since most lenders sell their notes to the Federal National Mortgage Association (F…

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Real Estate Trends The Money Manager
2011 April The Money Manager

From attorneys to contractors, every building has a list of various professionals to work with to keep things running smoothly. One of the most important of these professionals is the building’s accountant. One wrong calculation or miss…

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Real Estate Trends Qualifying Concerns
2011 April Qualifying Concerns

Unit owners attempting to sell their apartments may find that prospective purchasers are encountering difficulty in obtaining a mortgage if their property is not approved by Fannie Mae. When these unit owners have difficulty selling th…

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Real Estate Trends Going Rogue
2011 April Going Rogue

There’s nothing worse than dealing with someone who has let their power go to their head, and when you’re talking about a co-op or condo board member who starts to act above everyone in the building, huge problems can arise. J…

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Real Estate Trends Building Upward
2011 April Building Upward

 New York City’s Department of Buildings wields great influence over how structures in the city  are built and maintained, presiding over everything from building inspections  to permits, building codes and materials. While that area of go…

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Real Estate Trends New & Improved
2011 April New & Improved

Almost a century ago, if you lived in The Ansonia, a residential hotel on Manhattan’s Upper West Side, you had access to a variety of very interesting amenities, including a menagerie on the roof that included a huge flock of chickens a…

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Real Estate Trends Tax Revolt in Queens
2011 April Tax Revolt in Queens

When co-op developments throughout Eastern Queens received their assessment valuations this past January—the values upon which property taxes are based— many were in for a rude shock. According to Bob Friedrich, president of Gl…

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Real Estate Trends Applying Yourself
2011 April Applying Yourself

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…

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Real Estate Trends Looking Ahead
2011 April Looking Ahead

Employment figures may be up, and the economy may be showing signs of life after the long winter of the Great Recession, but the real estate market is still shaking off the chill. New York City in 2010 saw few building permits issued, …

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