Mayor Adams is bringing the tax lien sale back. Here’s how to get your property off the list

… and other housing bills The sale enables owners debts to be sold to private investors who tack on high interest and fees and go after you for the inflated amount If you do not pay you can ultimately lose your property in a … list of 24017 for properties in Class 1 one to threeunit houses and Class 2 coop condo and rental buildings with …

By Jennifer White Karp |May 16, 2025 - 9:30AM
How to reduce your capital gains tax when selling your NYC co-op, condo, or brownstone

… ways to reduce your tax exposure  Capital gains tax is levied on the profit you make selling your place and it … major upgrades to the building you can add these costs to whats called your basisthe original purchase price of your … points out theres a mechanism called a charitable remainder trust where tax is avoided through a commitment to give a …

By Brick Underground |February 10, 2025 - 1:30PM
The buyer's and seller's guide to NYC closing costs

… can estimate it at 045 percent of the price which can be as much as $4500 for a $1 million property   Coop buyers do not … 5 percent or as high as 10 percent of the purchase price  How buyers can lower closing costs Buy a brand new condo ina bit more than a similar apartment thats only slightly lived in  A lot of people come in wanting new construction …

By Evelyn Battaglia |January 6, 2025 - 10:00AM