Buying in NYC

Pros of buying a NYC penthouse include superior views and light, substantial outdoor space, tall ceilings, premium finishes, privacy, fewer neighbors, prestige and less noise. Cons of buying a penthouse include higher pricing, potential loss of views from future construction, …

What Are the Pros and Cons of Buying a Penthouse in NYC? Read More »

The REBNY RLS Universal Co-Brokerage Agreement (UCBA) governs the behavior of member agents of the Real Estate Board of New York (REBNY) with respect to listings advertised in the RLS (REBNY Listing Service). The UCBA does not apply to new …

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Political risk in NYC real estate is the threat of new legislation being enacted after you buy which increases risk and limits long-term limits long term appreciation, yield and total return potential. Political risk for property owners is an omnipresent …

What Is Political Risk in NYC Real Estate? Read More »

Once you have an accepted offer in New York, it's customary for the seller's attorney to send a draft contract to the buyer's attorney to review and negotiate. Typically both sides will have a custom rider to the standard contract …

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A NYC co-op board may legally reject a buyer because the contemplated sale price is deemed to be too low. While a co-op board doesn’t have the unconditional right to regulate sale prices, courts have typically upheld a board’s right …

Can a NYC Co-op Board Reject a Buyer Due to a Low Sale Price? Read More »

Generally speaking, no. We believe the cons outweigh the pros when it comes to smaller boutique buildings. Not only will you have fewer neighbors to share expenses and liabilities with, but the impact of any crazy neighbors is supersized as …

Should You Buy an Apartment in a Smaller Boutique Building? Read More »

Buyer closing costs for a NYC townhouse are typically between 2% to 4% of the purchase price. Exact closing costs depend on the purchase price and whether you’re financing. Estimate your buyer closing costs in NYC using Hauseit's interactive calculator, …

How Much Are Buyer Closing Costs for a NYC Townhouse? Read More »

Buying a brownstone in NYC? We’ll demystify how to submit an offer on a townhouse in NYC in this comprehensive guide. Still need more information about buying in New York City? Estimate your buyer closing costs in NYC using our …

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Zillow Premier Agent is a paid lead generation service which connects agents with prospective buyers and sellers on the Zillow platform. As part of the Premier Agent program, Zillow sells the ‘Contact Agent’ box on listings featured on Zillow, Trulia …

What is Zillow Premier Agent? Read More »