Buying & Selling 'Bargain' Condos Selling Well...
'Bargain' Condos Selling Well...

While reports show a citywide trend of sellers scaling back asking prices for co-ops and condo units, AM New York reports that the under-$1 million tier is holding its own, and the $500,000ish market actually seems to be in pretty good …

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Q&A Q&A: Unexplained Repair Fees
2019 December Q&A: Unexplained Repair Fees

Q. My sister lived in Co-Op City in the Bronx. She passed away in July 2017, and I became voluntary executor of her estate. She kept this apartment spotless, and did not make any changes, except adding a light shine-coat to the living roo…

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Q&A Q&A: How to Fire a General Contractor
2019 December Q&A: How to Fire a General Contractor

Q. We want to terminate a contract with a general contractor (GC). We have experienced payment issues with this GC since day one of a project. Every single pay application we send in, they manipulate it without discussing with us, submit …

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Security Introducing New Security Tech in Your Building
2019 December Introducing New Security Tech in Your Building

In today’s world of high-tech property management and building security, there are more options than ever for managers and boards to choose from to keep their communities on the cutting edge. There are web- and device-based apps for everyth…

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Security The Illegal Home-Sharing Issue
2019 December The Illegal Home-Sharing Issue

Since their insurgence over the last dozen years, Airbnb, Homeaway/VRBO and other home-sharing sites using a similar model have provided travelers all across the globe with alternative—often more affordable—accommodation to hotels, motels, …

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Security 2019-2020 Round-up and Projection
2019 December 2019-2020 Round-up and Projection

In markets throughout the nation, 2019 was a year of uncertainty, reflecting change in the basic mechanisms of how we view, buy, and sell real estate.  That uncertainty extended to all markets, from traditional single-family homes to co-ops…

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Buying & Selling FHA Eases Financing Regs
FHA Eases Financing Regs

The Federal Housing Administration (FHA), which insures mortgages made by private lenders and banks, will ease condo financing regulations to open up homeownership for more first-time buyers, effective October 15, reports Yahoo! Finance.…

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Buying & Selling Condo Contract Crisis?
Condo Contract Crisis?

The National Law Review is alerting litigators to be prepared for a rash of lawsuits related to a possible looming housing recession, likening the outlook to what happened in 2008’s economic crash. As the condo developers of a deca…

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