Markets

Do Co-Op Maintenance Fees Ever Go Down?

[credit provider=”Flickr/p0ps” url=”http://www.flickr.com/photos/p0ps/5972499107/sizes/z/in/photostream/”] Q. How often should I expect my co-op maintenance charges to go up?  What’s a normal increase and why? Does it ever go down?  A.  Expect your maintenance charges to go up every year or two, say our experts, and expect the increases to be well above inflation.
Do Co-Op Maintenance Fees Ever Go Down?
Markets

An NYC Doorman Tells Us Exactly What Makes A Nightmare Tenant

[credit provider=”Flickr / WarmSleepy” url=”http://www.flickr.com/photos/[email protected]/5242410968/sizes/m/in/photostream/”] Milton, 25, has been working as a part-time doorman in a Greenwich Village rental building for the past 3 ½ years.    It is his first job as a doorman. Here’s what he had to tell us about resident mood swings, off-the-books services and what […]
An NYC Doorman Tells Us Exactly What Makes A Nightmare Tenant
Markets

9 Curveball Co-Op Board Questions That Are Designed To Trip You Up

[credit provider=”Jeffrey Montes via Flickr” url=”http://www.flickr.com/photos/jm-photography/4728646934/”] The vast majority of co-op rejections are based on application packages, with the bad news delivered before a co-op board interview is even scheduled.So once you’ve proceeded to the in-person inquistion conducted by a duly elected body of your potential neighbours, your chances of approval […]
9 Curveball Co-Op Board Questions That Are Designed To Trip You Up
Markets

These Are The 8 Best Sites To Find A No-Fee Apartment In NYC

[credit provider=”Instagram/nnuo” url=”http://statigr.am/p/356082723654624168_151431″] In a city of single-digit vacancy rates, there are some compelling reasons to pay a good real estate agent to find you a rental: You’re new in town, you’re busy, you can’t find what you want on your own, and/or you plan to stay put for a […]
These Are The 8 Best Sites To Find A No-Fee Apartment In NYC
Markets

How To Find The neighbourhood Of Your Dreams

[credit provider=”Flickr – lumierefl” url=”http://www.flickr.com/photos/sminor/4372280597/sizes/m/in/photostream/”] As experienced renters know, a fabulous apartment in a neighbourhood that makes you miserable is not usually an apartment worth having.  But with as many choices as New York City offers, determining the right neighbourhood(s) is almost as hard as finding an apartment in a […]
How To Find The neighbourhood Of Your Dreams
Markets

Five Things Your Co-Op Board Wouldn’t Dare Ask

[credit provider=”Noel Hendrickson/Getty”] While it’s true that a co-op board can turn down a buyer for everything from red hair to red-state political views or a desire to gut-renovate, there are also a host of reasons for which it’s illegal to reject a buyer.These include marital status, race, colour, religion, […]
Five Things Your Co-Op Board Wouldn’t Dare Ask
Markets

A Property Engineer Reveals The 7 Worst Places To Live In An Apartment Building

[credit provider=”Several seconds / Flickr” url=”http://www.flickr.com/photos/severalseconds/5348328946/”] Few have a better bird’s-eye view of the skeletons lurking inside NYC’s apartment buildings than the property engineers called in to diagnose problems.To harness that knowledge for the greater good, BrickUnderground asked RAND Engineering & Architecture’s Peter Varsalona for the lowdown on which spots inside […]
A Property Engineer Reveals The 7 Worst Places To Live In An Apartment Building
Lifestyle

True Confessions Of A New York City Doorman

[credit provider=”the bridge via Flickr” url=”http://www.flickr.com/photos/[email protected]/6362206223/sizes/l/in/photostream/”] Pablo, 64, has been working as a doorman at a building on the Upper West Side since the winter of 1986.His broad smile is well-known up and down the block where he works.
True Confessions Of A New York City Doorman
Lifestyle

Here’s How Much 16 New Yorkers Are Tipping Their Doormen This Holiday Season

[credit provider=”Skip the Filler/ Flickr” url=”http://www.flickr.com/photos/skipthefiller/285534639/”] BrickUnderground hit the streets recently to conduct a friendly interrogation of 30 New Yorkers about their holiday tipping habits. While the overwhelming majority planned to tip their building staff this year, they did not plan to tip them equally.Many said they planned to tip […]
Here’s How Much 16 New Yorkers Are Tipping Their Doormen This Holiday Season
Markets

Here’s What I Learned By Not Using A Real Estate Broker

[credit provider=”(Photo by Spencer Platt/Getty Images)”] A teachable moment is defined as a point in time when learning becomes possible and easiest.My husband and I had a teachable moment in real estate that lasted about seven months from the time we put in our offer till we finally closed on […]
Here’s What I Learned By Not Using A Real Estate Broker
Markets

Want To Get In On A Pre-Construction Deal? Read This First

We’ve already written about the perks (and perils) involved in buying pre-construction, noting that the earlier you buy, the better deal you will probably score (unless, of course, the bottom falls out of the real estate market while you’re waiting a year or two to close…or you buy a lemon).
Want To Get In On A Pre-Construction Deal? Read This First
Markets

How To Co-Exist With The Most Important Man In Your Building

[credit provider=”Flickr / Official U.S. Navy Imagery” url=”http://www.flickr.com/photos/usnavy/5497657754/in/photostream/”] Many say he’s the most important person in the building. Love him or hate him, chances are you’ll need your super’s help at some point. So this week’s SurvivalList focuses on supers — how to deal with them, how to spot shady ones […]
How To Co-Exist With The Most Important Man In Your Building
Markets

Sponsor Apartments May Be New York’s Best-Kept Secret

[credit provider=”Zillow” url=”http://www.zillow.com/homedetails/40-E-88th-St-5C-New-York-NY-10128/2121192213_zpid/”] If you’re new to New York real estate and you’ve come across the term “sponsor listing” while scanning the ads, you may be wondering what it means.If you already know, you’re probably wondering how to find one.
Sponsor Apartments May Be New York’s Best-Kept Secret
Markets

4 Experts Share Advice On Real Estate Investment In NYC

[credit provider=”commons.wikimedia.org” url=”http://commons.wikimedia.org/wiki/File:Manhattan3_amk.jpg”] The NYC rental market is undeniably strong right now, and mortgage rates are low. With this in mind, we suspected more New Yorkers might be considering putting their money into investment properties.And it turns out we were right: “People were waiting for the prices to go down. […]
4 Experts Share Advice On Real Estate Investment In NYC
Markets

Sophisticated Business People Are Falling For This $21,000 NYC Sublet Scam

[credit provider=”Flickr / AMRosario” url=”http://www.flickr.com/photos/amrosario/3578190769/sizes/o/in/photostream/”] We’ve covered shady Craigslist scams (and how to avoid them) in the past.This week, Manhattan real estate attorney Jay Itkowitz of Itkowitz & Harwood PLLC reached out to us with news of two different clients–each “sophisticated business people”–bilked out of more than $20,000 each in similar sublet.
Sophisticated Business People Are Falling For This $21,000 NYC Sublet Scam
Markets

Experts Tell Us How To Buy Pre-Construction The Smart Way

[credit provider=”Flickr / Sarah_Ackerman” url=”http://www.flickr.com/photos/sackerman519/4068703181/in/photostream/”] Buying pre-construction has its perks. You can be part of a unique and special project, like a brand new condo in theWest Village, or have first dibs on the penthouse in the latest hot building.  More practically speaking, you can also, in many cases, take […]
Experts Tell Us How To Buy Pre-Construction The Smart Way