2025 NYC real estate forecast: Buyers and sellers tango, renters hold their breath

… wouldbe buyers in rentals and this raised competition for apartmentsa continuation of a trend seen in previous years … HUD Similar cuts in 2024 would pose particular threats to NYCHA NYC Comptroller Brad Lander wrote in a report Trumps … ease as the market stabilizes and more inventory becomes available Homeowners will feel more confident about selling …

By Jennifer White Karp |January 2, 2025 - 12:30PM
Can I review my buyer's application before it goes to the co-op board?

… say  Purchasers arent required to show the seller of an apartment the board package unless the seller negotiates … a seasoned brokerideally one who has experience with your building as well as with reviewing coop packagesis the best … reporting by Alanna Schubach Trouble at home Get your NYC apartmentdweller questions answered by an expert Send your …

By Celia Young |July 1, 2024 - 10:30AM
Seller financing: To get deals done, some owners give loans to buyers. Here's how it works

… City  used seller financing to sell a unit in a landlease coop building on East 63rd Street this year a building with … land owners had ratcheted up the rent on the building and maintenance had mushroomed to nearly $6000 a month The owner … at all right now he says pointing to recent sales data Manhattan coop and condo transactions in the third quarter …

By Jennifer White Karp |December 29, 2023 - 3:30PM