How do high carrying costs lower the sales price of a co-op or condo? Is there a formula to figure this out?

… between carrying costs and sales price It works best when you have narrowed down your search to two similar … to the sales price based on where monthly charges come in compared to similar types of buildings Levin uses $250 per … case for the discount he says … A ratio for monthlies and loan value … Vickey Barron a broker at Compass says that …

By Emily Myers |March 13, 2023 - 12:30PM
6 ways to break your NYC apartment lease

… New York City renters increasingly need to break their leases during the pandemicbecause of job loss or wanting to … and you need to be aware of certain pitfalls For starters landlords are going to have a tough time filling your vacant apartment so they are not as inclined as they may …

By Emily Myers |September 23, 2020 - 12:30PM
Is your lease up? Some NYC landlords give concessions to entice tenants to renew

… but with the vacancy rate edging up in the Covid era some landlords are also offering concessions in order to … a month free flexible lease terms and even dropping the rent Its all part of an effort to counteract the exodus of  New Yorkers leaving the city and  record low demand for rentals Carole Bloom executive vice president of leasing for …

By Austin Havens-Bowen |July 28, 2020 - 1:30PM