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

… raising the rent in New York City Its not just the typical landlords you may be thinking ofsmall momandpops and rental … are sending out rent increases with lease renewal notices to take advantage of booming demand for rentals Across the US and here in NYC private equitybacked firms have been buying marketrate …

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

… New York City is at the bottom of a list of cities where flipping  an apartment is profitable  As one of the most … face another challenge when it comes time to sell Sales are slowing as buyers try to wait out some of the … consider a longer time frame for owning the property before selling and focus on serving buyers who will pay for …

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

… Bernard Klein 27 works in finance and lives with his wife a product manager at an … condo building on Riverside Boulevard My parents would buy  preconstruction live in the apartment for two years … on an opportunity that we could afford We took the risk of buying something together when we werent married yet but …

By Bernard Klein |December 30, 2015 - 12:24PM
As it gets more expensive by the minute, what's next for Bushwick?

… average $2173 Theres been a 45 percent spike in the median price of properties in the last year to just under $500000 … percent cheaper than the rest of Brooklyn Luxury condos and rentals are popping up all over including 330 Bleecker … earlier City records confirm he got it Want to know more Check out our interview with Bushwick Daily founder Katarina …

By Lucy Cohen Blatter |March 24, 2015 - 12:59PM
Is it time for buyers to give Bed-Stuy another chance?

… dramatic price hikes spurring BedStuys dizzying growth could it be that things in this corner over brownstone …   With sale prices having spiked so high so fast the Daily News reports investors are cooling on the area skeptical … not net the kind of monthly incomes theyre hoping for when buying multifamily properties All of which means less …

By Virginia K. Smith |March 6, 2015 - 2:30PM
Flip or Flop Update: Have these gutsy sellers managed to find buyers?

… For many New Yorkers a successful flip ​ buying an apartment making cosmetic tweaks and selling within months at a hefty markup thanks to a … ​ is the dream In our Flip or Flop series weve featured sellers who attempted to do just that sometimes with more …

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