Closing credits: Here's how much NYC sellers are paying now—and how to negotiate your own deal sweetener

… way to think of a closing credit is a quiet discountbecause the buyer gets a concession from the seller at the closing … Developers turn to closing credits when they have too many apartments and are having a hard time selling them all says … but ultimately didnt take those apartments as it would cost them more in a mortgage on a monthly basis and were …

By Evelyn Battaglia |January 31, 2024 - 3:30PM
How does a condo board sue the sponsor for construction defects in NYC?

… management firm with over 25 years experience servicing coop condo and rental buildings of all sizes backs up that … retain an independent engineering firm to evaluate the construction of the building and compare it to the drawings … to do the survey as well as the engineers who worked on the construction However I have used all types of experts from …

By Evelyn Battaglia |November 20, 2023 - 10:30AM