Want to buy an investment apartment to rent out? Here's what you need to know

… Most people cant afford to buy a New York City condo or coop as an investment … a great time to be a real estate investor  But beware The 2019 changes to New York States rent laws  transformed … necessarily both brokers said While the mansion tax on $1 million is $10000 it represents only one percent of the …

By Jennifer White Karp |June 24, 2025 - 1:30PM
What you need to know about buying—and living in—a penthouse in NYC

… is a certain cachet that comes with living in the best unit of the building or make that one of the best units … Curry points out two other cons First you may not want to live in the most expensive home within a building or the … These properties are considered custom works of art one can live inand an asset class in their own right They will …

By Evelyn Battaglia |November 16, 2023 - 9:45AM