How to read a NYC co-op or condo building’s financial statement

… questions to dig into When is the mortgage due  Is the current loan interest only which means the entire principal … term of the lease  Has the commercial tenant been paying rent During Covid many retail tenants and parking operators … costs between one year and the next youll want to determine why Pappas says Maybe there was a big capital improvement …

By Emily Myers |February 22, 2023 - 3:30PM
How much do NYC sellers pay for closing costs?

… in New York City in the recent past you may be shocked by how big a bite closing costs can take out of your profit  … percent of the purchase price to cover these fees and taxesdouble what buyers can expect to pay on their end That means … if I was a seller Id want the broker to be incentivized as much as possible to focus attention and assets on my deal to …

By Evelyn Battaglia |January 9, 2023 - 12:30PM