Emily Myers

This newly renovated, four-bedroom unit, 440 East 62nd St., #17BC, is on the market for $2,000,000 and while there's no data on the median price for four-bedroom units in Lenox Hill, the asking price is well below the $3,295,000 median sales price for a three-bedroom unit in the neighborhood, according to StreetEasy.

A bridge loan is a short-term loan allowing you to dip into the equity in the property you already own to help bridge the purchase of one you want to buy. In New York City it’s rare for a seller to accept an offer from someone where the purchase depends on the sale of another unit.

The High Line and Penn Station are the inspiration for a prizewinning design for a pedestrian bridge connecting Hudson Yards with Moynihan Train Hall

Ann Huynh, shares her experience buying two co-ops, one in New Rochelle and one in the Bronx. For Huynh, the priority was low maintenance fees and she believes a lot came down to luck when she bought her co-op in the city.

Learning about a building's history not only satisfies your curiosity, it can make you a smarter negotiator when you buy or rent. You should know that for New Yorkers, the Automated City Register Information System provides all the publicly available property records on a building. Conveniently the listing site, StreetEasy, also digests a lot of this information.

The renovation of this one bedroom in Chelsea, 130 West 16 #62, was completed in the past year and the unit is being offered at $969,000 which is on a par with the current median price of $972,000 for similar sized units in the area.