What’s the average flip tax for a condo or co-op in New York City?

… you should watch out for when you sell a flip tax if you live in a coop or a transfer fee if you live in a condo … selling the units to make a quick profit  Today they are mostly used to raise revenue for coop buildings instead of … version of this article was published in October of 2018 We are presenting it again with updated information for …

By Celia Young |April 1, 2024 - 2:30PM
Private equity: The biggest NYC landlord you never heard of that’s raising rents

… Leader Chuck Schumer and New York City Comptroller Brad Lander joined a protest last summer against tenant … … Why officials say good cause legislation is needed … Lander recently emailed constituents to explain his support … tenant simply because they think someone else will pay more Lander writes Most dramatically it would limit rent …

By Jennifer White Karp |March 7, 2022 - 9:30AM
Secrets of a 27-year-old condo flipper

… much every condo building on Riverside Boulevard My parents would buy  preconstruction live in the apartment for … have your mom tell the cab driver we were going to a different address Yeah But I got over it and it was fine The … property values overall So if we could get in cheaper then why not My mom was always sending us interesting listings …

By Bernard Klein |December 30, 2015 - 12:24PM