7 surprising dealbreakers that might sink your NYC co-op or condo sale

… as is getting your apartment seen by as many qualified buyers as possible But have you considered how your 11th … or building  … 1 The highend living room chandelier … A buyer will typically assume that all the fixtures are going … they had to it but for the buyer it became a symbol of what else was being hidden from them It wasnt about the …

By Emily Myers |March 15, 2023 - 9:02AM
What is a 1031 exchange and how does it work?

… As with any big financial transaction when you sell an apartment in New York City you need to pay taxes If … you make on the sale of the apartment or building  Thats why many New Yorkers turn to a popular tax deferral program … The 1031 exchange is a good strategy if you bought during a downturn or had earlybird pricing on a new construction or …

By Emily Myers |February 6, 2023 - 9:30AM
Brooklyn’s median price slips but sellers are doing better than in Manhattan

… Queens real estate markets experienced demand similar to what the suburbs saw during the pandemic while Manhattan … in prime Brooklyn neighborhoods remains high Many buyers are looking for value which has driven the overall … Similar to Manhattan in the fourth quarter Brooklyn buyers favored smaller apartments leading to the average …

By Jennifer White Karp |January 12, 2023 - 12:00PM
How are sellers getting deals done in a market that favors no one?

… For others it can mean switching a sales listing to the currently redhot rental market And because sellers are under enormous … Banker Warburg Many sellers who might have listed their apartments might now be waiting hoping the market might …

By Jennifer White Karp |September 13, 2022 - 3:00PM
How NYC buyers can take advantage of the summer sales slowdown

… for an absolutely dead sales market this summer but that could be good news for buyers who are unscathed by current … your chance to get a deal With less competition youll find sellers more willing to negotiate on price and new condo … explore the outer boroughs … Brooklyn has many buyers from Manhattan Earl says and a lot of Manhattan buyers dont know …

By Jennifer White Karp |June 30, 2022 - 4:30PM