Tag: new this week

Buying & Selling Condo Contract Crisis?
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 FHA Eases Financing Regs
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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Law & Legislation Co-op Wins Legal Battle
Co-op Wins Legal Battle

According to  Real Estate Weekly , an Upper East Side co-op recently scored legal victory over a litigious shareholder. The co-op, at 12-14 East 64th Street, was granted nearly $400,000 in legal fees in a case that stemmed from flood dama…

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Real Estate Trends Glass vs. Masonry
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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Buying & Selling Pied-à-Terre Tax Effort Revived
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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Building Operations Assessing Energy Needs
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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Community Living Lobby Decor
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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