Blog Archives

Inheriting Co-op Shares


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Can one leave a co-op apartment to one’s heirs? Can one inherit co-op apartment shares? The short answer is yes – shares in any corporation are inheritable. But overall, inheriting those shares may be a bit more complicated than it looks at first glance.Read More

NYC’s 10 most active developers (actually, one is a bank)


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Related Companies had a busy 2019. The developer, along with partner Oxford Properties Group, opened the first phase of the 28-acre Hudson Yards.Read More

433 W 54th #8


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Studio Gem: Renovated, high ceilings, this studio’s living room faces the back courtyard and is very Zen. Conveniently located on the second floor of a well-maintained walk-up co-op building,Read More

The Edge At 30 Hudson Yards Prepares For March 2020 Opening


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Work is wrapping up on The Edge observation deck at 30 Hudson Yards in preparation for a March 11, 2020 opening date. A total of 7,500 square feet of walkable outdoor space will give visitors a brand new perspective of the Manhattan skyline.Read More

Baby boomers may put ‘tidal wave’ of 21M homes on market — but who will buy them?


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The U.S. is at the beginning of a tidal wave of homes hitting the market on the scale of the housing bubble in the mid-2000s. This time it won’t be driven by overbuilding, easy credit or irrational exuberance, but by the passing of the baby boomer generation.Read More

New York City Department of Buildings (DOB) Announces Sustainable Roof Requirements for New Buildings Go Into Effect


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The Local Law 92 of 2019 and Local Law 94 of 2019 requires all new buildings and existing buildings undergoing certain major roof renovations to have a solar photovoltaic system, a green roof system, or a combination of the two.Read More

10 items to toss or donate for a more organized home


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A new year is here, and you probably have big goals, and overflowing buckets of ambition to achieve them with. Here's a tip on how to make your home more organized.Read More

Some property owners can’t hide behind LLCs anymore


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Bill S1730, which was signed into law by Gov. Andrew Cuomo, went into effect immediately and requires LLCs across the state to disclose the identities of all members.Read More

NYC hotels boom roars on despite vacancies, declining revenue


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NYC & Company, the city’s official marketing organization, has compiled a list of all the new inns either in construction or soon to start. The building boom goes on despite recent declining occupancy and revenue.Read More

Manhattan apartment sales experienced a major slump in 2019


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It’s an understatement to say 2019 was a tumultuous year for New York real estate. The luxury market saw record breaking sales while also experiencing a condo glut that has lead to thousands of unsold apartments.Read More

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