NY state legislators propose bills to protect land-lease co-ops from land rent hikes

… the people who live in these coops are in grave danger of not being able to sustain huge rent increases said Linda … including the Upper West Side The bills could save Carnegie House Tenants Corp a  324unit coop that turned to Albany … coops are rare in NYC and tend to be a risky bargain for buyers When a years or decadeslong landlease is up the land …

By Celia Young |May 15, 2024 - 12:30PM
A closing cost guide for buyers and sellers in NYC

… Whether youre buying or selling real estate in New York City hefty … for some of these taxes is not set in stone So when a market is slow inventory is high or an apartment is hard to … sellers are now required to make separate commission offers to the buy and sellside brokers That means there is a …

By Evelyn Battaglia |January 22, 2024 - 2:30PM