Can you back out of a contract to buy because of coronavirus—and keep your deposit? It depends

… In February Mallory Johnson a pseudonym went into contract for a one bedroom in a prewar … has changed she says she cant afford to go through with buying the coop and she cant afford to walk away from … many deals and lawyers are hearing from New York City buyers who do not want to move forward Many fear losing …

By Jennifer White Karp |May 14, 2020 - 9:45AM
Listings in Brooklyn and Queens fell sharply in March as sellers hold back

… New York City buyers havent made the leap to virtual showings and remote … shutdown went into effect According to Douglas Ellimans firstquarter sales market report for Brooklyn Queens and Riverdale listings fell sharply at a time when things are traditionally heating up for the spring …

By Jennifer White Karp |April 9, 2020 - 12:30PM