Private equity: The biggest NYC landlord you never heard of that’s raising rents

… Who is raising the rent in New York City Its not just the typical landlords you may be … the US and here in NYC private equitybacked firms have been buying marketrate rental buildings and are also … buildings with fewer than four units landlords could still evict people for not paying rent breaking the …

By Jennifer White Karp |March 7, 2022 - 9:30AM
Can you still make money flipping an apartment in NYC?

… … When youre flipping an apartment youre relying on what Elika calls the moveup buyer someone who is looking to … emotional value … Elikas advice for flippers is to capture what he calls the emotional value in a propertyand meet the … no emotional value in a studio in his view because you live in it only as long as you have to before upgrading to …

By Emily Myers |July 1, 2019 - 10:00AM
Secrets of a 27-year-old condo flipper

… in two months and move to Dumbo We had talked about doing a renovation and got an architect involved The estimate for the job came out to be $150000 for a mediocre  reno For $150000 Id expect Viking this Viking that … a crazy idea What if you took that money youd spend on a  reno and roll it into a down payment for something else We …

By Bernard Klein |December 30, 2015 - 12:24PM
Flip or Flop Update: Have these gutsy sellers managed to find buyers?

… ​some of whom were attempting to get double even triple what they paidhave found takers​   Weve already covered the … of about two months to $19 million And then on June 1 somewhat confusingly the price climbed back up to $22 million …

By Leigh Kamping-Carder |August 20, 2014 - 9:59AM