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 … Street Journal analysis  over the last three decades the SP 500 outpaced the growth of the Manhattan market by 25 … to resell than a walkup ultimately an apartment purchase is about far more than maxing out your potential investment Its …

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

… the numbers are usually somewhat lower are called common charges and dont include taxes Condo property taxes are paid …

By Lucy Cohen Blatter |August 28, 2017 - 12:15PM
Thinking your first home purchase should be outside the city? You're not alone (but read this first)

… the big money ask Paul Magyar a real estate agent with Mirador Real Estate says that many of his clients who are turned … choose to abandon their city buying plans continue renting here and buying outside the city instead The upsides … from the city But there are several things to consider … How will the mortgage work  … The author of the piece says …

By Lucy Cohen Blatter |April 7, 2017 - 9:59AM
What can I afford? After a stint in the suburbs, a buyer contemplates NYC pied-à-terres

… To be clear This weeks subject for our What Can I Afford column isnt your … strict Some dont allow piedàterres or sublets  To determine what his options are for his first purchase in NYC we asked …

By Alanna Schubach |April 6, 2017 - 3:59PM
Real-life buyers on the mistakes they made and what they learned from buying in NYC for the first time

… and learn But in New York City you could easily tweak it to buy and learn Purchasing property here is an expensive … We have been the victim of a lot of doityourself home improvements from nonexperts and we have spent the last year … records Find out when everything has been replaced Find out how old the boilers are Ive had such a disaster with my …

By Lucy Cohen Blatter |April 6, 2017 - 8:59AM