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

… you own your apartment youre probably already familiar with the myriad fees that come with buying in New York City But … The fee was intended to discourage buyers from flipping apartments buying and then selling the units to make a quick … money for building reserves something that both Stone and Dylan Pichulik CEO of XL Real Property Management pointed …

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

… about half of the apartment buildings owned by the biggest real estate companies in the US were backed by private … income then unload the buildings at a higher price the article says The biggest private equity corporationand the … have the option to buy their unitsor move out At least 28 tenants have open eviction proceedings most for being …

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

… mom is a real estate agent and my stepdad was always a bit of an entrepreneur But this was their jobfinding properties … warehouse building was being converted to luxury condos and rentals We saw this trend and realized if we can get into an … but maybe something in Queens Look for construction thats number one A lot of people avoid areas where theres a lot of

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