Ask An Expert Q&A

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Found 955 results:
I can't get the last two years of financial statements for a co-op I want to buy. Is this a red flag?

… difficult to evaluate a buildings financial health if you are not working with current information our experts say A … often a very good source of information about litigation or capital repairs In addition the notes might relate to any … buildings mortgage  Reich suggests checking the proprietary lease or bylaws to find out if the board is obligated to …

By Emily Myers |March 27, 2023 - 10:00AM
What debt-to-income ratio do you need to buy a co-op in NYC?

… … In order to buy a coop in New York City your debttoincome ratio should … coop boards want to see buyers with twotimes the purchase price left over and a debttoincome ratio of 22 percent says … aware some boards do not accept interestonly mortgages so check in advance Another option is a 40year mortgage which …

By Emily Myers |March 20, 2023 - 9:30AM
 

Meet our Experts

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Jonathan Miller
Appraisers
President
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Deanna Kory
Real estate agents
Real Estate Agent
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Sam Himmelstein
Sam Himmelstein
Real estate lawyers
Partner

Sam Himmelstein, Esq., represents NYC tenants and tenant associations in disputes over evictions, rent increases, rental conversions, rent stabilization law, lease buyouts and many other issues.

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Dean M. Roberts, real estate attorney
Dean Roberts
Real estate lawyers
Partner

Dean Roberts is a real estate attorney specialiazing in co-op and condo law at Norris, McLaughlin & Marcus in Manhattan.

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Ryan Greer
Mortgages
Senior Vice President

Ryan Greer is the Senior Vice President and mortgage loan officer at National Cooperative Bank in Manhattan.

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Anna Karp
Renovation
CEO and Co-Founder

Anna is a general contractor and the CEO and Co-Founder of Bolster, a data-driven design-build firm on a mission to eliminate risk from major home renovations through radical transparency.
 

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Christopher M. Tarnok, Esq
Christopher M. Tarnok
Real estate lawyers
Partner

Christopher M. Tarnok, Esq., represents New York City property owners and condominium and cooperative boards in all real estate and construction related matters including litigation, transactional matters and the negotiation of construction and access agreements for residential and commercial projects.