What is Real Estate Due Diligence? Between your accepted offer and signing the contract is an important process – due diligence. But what on earth is due diligence? What happens? And why do you need it? To answer these questions, I spoke to a top real estate attorney here in New York City, Michael J.…
Manhattan vs Brooklyn Q3 2018 – It’s Not Your Imagination, Prices ARE Coming Down! It’s October and that means it’s time to take a look at Corcoran’s Quarterly Reports for Manhattan and Brooklyn. If you want to check out the full reports, you can click here for Manhattan and click here for Brooklyn. Click on…
How to Investigate Your New (or Current) NYC Neighborhood Moving to a new neighborhood can be so exciting! New shops to explore! New restaurants and bars to try! New neighbors to meet! New spaces to stroll! But moving to a new neighborhood also raises all kinds of questions: Is the area noisy? Where will I go to the gym? Where are…
Manhattan vs. Brooklyn Q2 2018 – The Prices It’s time again to see how the sales numbers stack up in Manhattan and Brooklyn. Below is an infographic to give you a basic overview, based on Corcoran’s most recent quarterly reports for both boroughs. (click here to view the full Manhattan Report and click here to…
What’s a Flip Tax? If you’re an apartment owner, you’ve probably heard of the dreaded “flip tax.” If you’re a buyer, the term may have never even crossed your mind. But regardless of which camp you fall into, it’s something you need to know about. First, a flip tax is not actually “tax” – it’s…