“I’m currently living abroad, but planning on coming back to New York City within the next few years. While interest rates are low, I’d like to buy a 2-bedroom.
My budget is around $1.2 million and I’d like to be able to sublet the place before I'm ready to move in. I’m happy anywhere in brownstone Brooklyn, Upper East Side, Upper West Side or downtown if I can afford it.”
This week, our Take It or Leave It team of experienced renters sizes up a Lower East Side 2-bedroom with ivy-covered windows and whitewashed exposed brick walls. Our panelists—RentHackr founder Zeb Dropkin, freelance writer Lambeth Hochwald, and BrickUnderground’s own senior editor, Lucy Cohen Blatter—have 43 years of renting experience between them.
Although co-op and condo boards aren't obligated to, they'll usually tell you why your renovation plan as presented was a no-go. (It's probably one of these 10 reasons.)
At this point, you have a few choices: Wait a few years for the board to turn over and then try again, hoping the new board is more liberal; remove the offending elements from your reno plan; or find a way to assuage the board's concerns.
If you’d rather not wait around--and don't want to jettison a part of your reno plan that you're very attached to--here are some ways to win a do over.
Like everyone who appreciates the city, I have celebrated its universally acknowledged virtues — the myriad restaurants, the energy, all types of diversity, the stimulation that almost every block offers, the glorious parks, the vast range and high quality of cultural offerings, the climate of creativity along with residents whose intellect can be challenging, whose openness is endearing and whose directness can be refreshing....
...Still, I find myself living in New York as an outsider.
When searching for a new place to call home in New York, most people know to steer clear of areas with landfills, power plants and, say, massive decades-long subway construction. But did you also know that toxic sites abound in the five boroughs?
“It’s buyer or investor beware,” says Nancy Jorisch, a senior data analyst for PropertyShark, noting that folks might find themselves responsible for clean-up duties even if they weren’t to blame for the original toxic mess.
Do you love NYC real estate? Do you enjoy making sense out of complicated topics? Are you a smart, energetic, web-savvy writer/editor with a strong commitment to service journalism who would rather live in a windowless basement studio for the next two years than get your facts wrong once?
BrickUnderground is looking for a full-time associate editor with excellent editing/copy-editing chops to join us in our Midtown Manhattan headquarters. Extra points for social media experience & knowledge of the ins-and-outs of buying, renting, selling & apartment dwelling in NYC. Potential for rapid advancement for the right person.
In today’s market, buyers who need financing find themselves competing--and often losing--against all-cash buyers.
“The saying is ‘cash is king.’ And non-contingent but seeking financing--that’s the queen,’” observes real estate agent Charlie Homet of Halstead Property, alluding to the scenario where a buyer agrees to buy regardless of whether a mortgage can actually be secured.
So what’s a prospective buyer not flush with cash to do? All is not lost. There are a number of strategies for the financing buyer who wants to be taken seriously as cold hard cash--from financing less, to spending more, to simply being easy to work with.
The Real Estate Survival Guide for NYC Buyers, Sellers, Renters & Dwellers
As New York City's most popular and trusted source of real estate advice, BrickUnderground speaks directly to 90,000+ monthly unique visitors seeking solutions to their NYC real-estate and aparment-dwelling needs. read more»