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“Memo of understanding” needed for 421a says Korngold
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421a is a necessity but it’s fate remains an uncertainty, said Paul J. Korngold, partner at Tuchman, Korngold, Weiss, Leibman & Gelles, while addressing
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Cuomo calls for Kushner probe after more tenant allegations surface
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New York State investigators have piled onto the mounting tenant harassment probe into the Kushner Companies’ rent-regulated apartments.
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Market slowdown the new normal, say brokers
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Summer is over and the weather isn’t the only thing cooling off. After a break-neck run that led to record production, pricing and sales highs in 2017
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My remote-controlled life
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By Liana Grey In early March, Eric Grannis, a lawyer and former teacher, launched a website for apartment hunters with young children. The service, Schoolfisher.
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Why Gowanus is suddenly smelling sweet to hungry New York developers
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In the Gowanus neighborhood where real estate developers are anxiously plotting new development projects along a toxic canal, the community is bracing
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Rent compromise leaves landlords and tenants in same boat
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By Maria Rocha-Buschel A “compromise” between tenants and landlords left neither side happy this week as the city’s Rent Guidelines Board ended a two year
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Top NYC condo gyms that are earning developers some sweat equity
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In New York City luxury apartments, fitness remains an attractive add-on In spite of a growing number of luxury residential developers offering over-the-top
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Brazilian economist Arminio Fraga buys condo at 147 Waverly Place for $7.5 million
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147 Waverly Place, Unit #9 By Roland Li Brazil is considered one of the premier emerging markets, with robust quarterly growth and a vibrant, young population.
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After a volatile year, market braced for more of same
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2018 has been a tumultuous year for New York City real estate. The year began with a nervous luxury sector and a new Federal tax plan. The shock closure
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Insider info makes Kalifowitz a local hero
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When it comes to getting between the bricks of New York City, Steven Kalifowitz has his finger on the pulse. A one-time TV and film producer with two Emmy
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The biggest issues facing NYC’s residential market
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New York City’s residential market is no stranger to ups and downs, as veterans of the business know all too well. External factors, like the current low
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Why summer could soon eclipse spring as busiest home-buying season
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It’s the city that never sleeps, but it’s certainly not the city that never takes a vacation. It would be hard to blame someone that assumed that the residential