How long do you have to own in NYC for your investment to be worth it?

… than snapping up some stocks or stashing cash in an index fund and it can take a number of years before … youre looking for the better bet may be something like index funds which according to the finance website The …

By Virginia K. Smith |August 29, 2017 - 1:00PM
In defense of renters: Why buying isn't always the right decision

… from coops and condo boards turn off and disqualify many buyers plus theres just a lot more rental housing stock … its not always exactly the slam dunk you might think Heres why … Your money could be working harder elsewhere … People … theyre forgetting about an extra $2000 or so they may be paying for building maintenance each month Ramnani adds that …

By Lucy Cohen Blatter |August 28, 2017 - 12:15PM
What can I afford? After a stint in the suburbs, a buyer contemplates NYC pied-à-terres

… privacy has been living in the suburbs where he owns a home for a few years and commuting into the city for work … $250000 plus a discretionary bonus of $150000 Retirement $400000 Cash on hand for a down payment Shaun estimates hell … $12 million in liquid assets after the sale of his current home  Regular monthly expenses $13000 to $14000 this amount …

By Alanna Schubach |April 6, 2017 - 3:59PM
Any regrets? A check-in with a first-time buyer who chronicled her agonizing apartment-hunt for Brick

… for us years ago in our Diary of a FirstTime Buyer column Elle Bee not her real name spent two years of onandoff again … attorneys and three brokers and recorded it all for us Elle ended upspoiler alertbuying a onebedroom in a prewar … more limiting than I thought In terms of the neighborhood Elle says she probably wouldnt choose to live there again …

By Lucy Cohen Blatter |April 6, 2017 - 12:59PM