The PropertyClub Blog

Billionaire’s Row is a small section of Midtown Manhattan that has been developed to cater exclusively to the uber-wealthy. It refers to the section of 57th Street between Park Avenue and the Hudson River, where some of the world's wealthiest individuals own or have purchased multi-million and even billion-dollar apartments. Here is a look at Billionaire's Row, the most expensive street in NYC.

The NYC Housing Lottery is a system through which individuals and families can apply for affordable housing opportunities in New York City. These units are typically priced below market rate and are intended to provide housing options for low- to moderate-income residents of the city. However, your chances of snagging a below-market-rate apartment are much better – not great, mind you – but at about 600 to 1, at least in the realm of possibility.

New York Real Property Law § 235-b outlines the obligations landlords must fulfill in order to ensure that the leased premises are suitable for human occupancy. It requires landlords to ensure that that appliances and other building functionalities operate as expected without posing any threat to the tenants. To make things easier for you, we’re going to go over the implied NYC warranty of habitability that comes with every lease.

In real estate, condemnation happens when the government seizes a property. A house may be condemned due to unsafe conditions like structural issues, health hazards (mold or lead paint), code violations or the property being deemed a public nuisance. Read on to discover why a house can be condemned and how the process works.

Mitchell-Lama apartments refer to a type of affordable housing program in New York State. The Mitchell-Lama program allows residents to live in well-maintained buildings with below-market rents or purchase cooperative apartments at prices below the market rate. Currently, about 45,000 apartments in New York City are subject to Mitchell-Lama regulation.

The monthly payment on a $600,000 mortgage will depend on several factors, including the interest rate and the amount of your down payment. For example, if you have a 30-year fixed-rate mortgage at an interest rate of 7%, your monthly payment would be significantly influenced by how much you initially put down on the home.

The Great Resignation led to many changes in the business world and at home. Many people have chosen to leave companies or change how they worked and often decided to leave big cities and relocate to smaller towns, many of which have become fast-growing zoom towns.

California has miles and miles of gorgeous, golden coastline. Whether it’s the palmy beaches of Los Angeles or the cliffside beaches of Northern California, the Pacific coastline is a sight to behold. However, getting your feet wet in the Pacific can sometimes be a challenge due to the overall cold water temperature.

Ask any surfer you meet, and they’ll tell you that California has a certain magic that can’t be beaten. This is especially true when you’re talking about the beach life that the Golden State has to offer. Cali beaches are amazing, which is why they’re popular tourist spots, and they tend to be very expensive. However, you can still find affordable options. Read on to discover the ten cheapest beach towns in California. 

Massachusetts is possibly the best example of a New England state; picturesque, great cities, small towns, and great seafood. If you want to relocate, read on to discover the eleven safest places to live in Massachusetts. 

Miami is perfect for people who love beaches and sunshine, while New York City is great for those who enjoy being in a busy, bustling place with lots going on. New York and Miami are two of the most popular cities in America. However, they also couldn’t be more different. New York is over 15 times the size of Miami in terms of population and features a much more career-driven and business-focused culture. On the other hand, Miami offers amazing weather, sandy beaches, and a lifestyle that attracts residents from all over the country.

The key difference between a lease start date and a move-in date is that the lease start date is when you officially start paying rent and are responsible for the apartment, while the move-in date is when you actually move in. This article explains these differences, answers common questions about signing the lease, and provides helpful information on when you can move in, when you get your keys, and what to expect with rent payments.