Closing credits: Here's how much NYC sellers are paying now—and how to negotiate your own deal sweetener

… One way to think of a closing credit is a quiet discountbecause the buyer gets a concession from the seller at the closing table … gets officially recorded will be significantly higher than what the seller actually pays which helps maintain a higher …

By Evelyn Battaglia |January 31, 2024 - 3:30PM
How to negotiate the price, concessions, and other terms when buying a brand new condo

… to an individual seller is a very different apartment buying experience Dont assume youll get money off the purchase pricecondo developers typically avoid outright price reductions on their apartments … typically transfer and mansion taxes are paid for by the buyersalso the sponsor attorney feesso rather than just …

By Emily Myers |January 24, 2023 - 9:45AM
Buying a luxury condo in NYC? Some developers are offering extreme incentives

… Highend developers are looking to spur luxury condo sales at the end of the year by … offered to bring you to a particular building which may feel a little strange and weigh that in your decisionmaking …

By Jennifer White Karp |December 13, 2019 - 3:00PM