Think your NYC broker is working for you? Think again. You're not in Kansas anymore. Lord knows I've had more than my fair share of broker-induced real-estate headaches. It's a dirty business, and if you don't know how to look out for yourself, you're food for the piranhas.
There are so many get-rich-quick schemes for investing hard-earned savings in real estate to generate a huge passive income through rentals. Wake up -- nothing in life is always roses, and not everyone can be Kiyosaki's Rich Dad.
Some of New York's most unique and luxurious real estate has been scooped up by celebrities, and with the spotlight always on, their real estate investments have become examples of market conditions.
Change can be good. Improved schools, transportation, job creation, street safety, housing - everyone wants that. And, let's face it, the better a neighborhood gets, the higher housing prices go. But it's a question of degree, of balance, of compassion.
After spending a few weekends visiting me on the east end of Long Island, my mother suddenly got the Hamptons bug and wanted to go house shopping.
As New York City grows, preservation of its iconic buildings has become a focus of concern for many who have called the city home for years.
Despite the possible drawback of blocked views from residential development, community activists in the Bronx are calling for a waterfront park of their own now that the High Bridge, which connects Manhattan to the Bronx through a pedestrian and biker bridge, has reopened.
While real estate is often thought of being a transaction between buyer and seller in a resale or developer in a new development, there are other key players that ensure the success of a deal.
When trees fall from natural cause, such as a hurricane or tornado, your neighbor is not responsible for the damages caused by the tree or even the removal of the tree itself.
Increasingly real estate developers and residents are favoring sustainable real estate for not only their eco-friendliness, but also for their ability to cut down monthly electric bills.
Niche clientele. Developers of New York City's residential real estate market have been designing properties suited for buyers with a specific focus, including the health-centric buyer and the swimming buyer.
What was once an over-cluttered and poorly-lit space became an open, airy, and elegant home with a modern design.
As New York's wealthy flock to the city and millennials trade in their apartments downtown for the Upper East Side, the residential makeup of New York's neighborhoods is experiencing a reversal.
When all is said and done, a savvy seller recoups tens of thousands of dollars in prepayments if everything is documented and adjusted. Capital gains tax is generally payable by a seller incident to the sale of a home.
With landmarks being redeveloped for new use, such as the partial conversion of the Verizon Building at 140 West Street, and industrial neighborhoods repositioning themselves as fashion and "foodie" destinations, the landscape of the city is noticeably changing.
A universal decision crucial to residents across the country is the choice to rent or to buy a home. In New York City where both rental and purchase prices are not cheap, the decision can be haunted by uncertainty.