Essential Real Estate Guides

Your guide to the NYC real estate market

1031 Exchange NYC: Rules & Guide

If you've ever thought about investing in real estate you've probably heard the term 1031 exchange thrown around by realtors and other investors. You may be thinking "What is a 1031 Exchange?" or "How does it work in NYC?". Simply put a 1031, or "like-kind" exchange is an effective way to defer income taxes on real estate investments and has, therefore, become an essential tool for real estate investors.

NYC Heat Law: Heating Season Requirements Guide

NYC heating season runs from October 1st through May 31st. During these colder months, NYC heat regulations state that between 6 AM and 10 PM, your landlord is required to ensure that the temperature inside your apartment is at least 68 degrees Fahrenheit if the outside temperature falls below 55 degrees, and between 10 PM and 6 AM, your landlord is required to keep the temperature inside your apartment above 62 degrees Fahrenheit.

A Guide to Building a Temporary Pressurized Wall in New York City

Building a temporary wall can be a great way to partition your apartment, but changes to NYC laws have made it challenging to build full, pressurized walls. Nowadays, most landlords will only approve partial or bookshelf walls.

Sublease Agreement NYC Guide

Subleasing an apartment can seem daunting at times. Many NYC landlords make it difficult to sublet, but you almost always have the right to sublease. We'll explore some of the legal nuances of subletting and walk you through the process of how to sublease your apartment.

NYC Sublet Laws

The average one-bedroom apartment in Manhattan costs approximately $3,400 a month. As such, sublet and short-term rentals are very popular. Whether you are looking for a sublet for three days or three months, in the fast-paced New York City real estate market you are bound to find a listing that can meet your needs. However, current New York City tenants should tread lightly because illegally subletting your apartment may be grounds for eviction.

Real Estate Lawyers in NYC: How to Find and Hire the Best

Buying or selling an apartment in NYC is a significant transaction that should not be taken lightly. As such, it's not advisable to consider purchasing a co-op or a condo without consulting with a real estate lawyer first.

Renting Versus Buying a Home in NYC - How to Decide

If you're living in New York City, a major decision you'll face is whether renting vs buying a NYC home is right for you. Homeownership used to be integral to the American dream, but nowadays many would rather rent than buy due to a variety of factors. This guide will explore the pros and cons of each, and will help you decide what's right for you.

NYC Buyer and Seller Closing Costs Guide and Calculator

Learn about buyer and seller closing costs in NYC with our guide and calculator. Whether you're buying or selling a condo, co-op, or townhouse, we'll cover it all from taxes, bank fees, and legal fees to who pays for what to how to calculate your estimated closing costs.

ACRIS: How to search NYC Property Records and Other Documents

This comprehensive guide will teach you how to use ACRIS NYC to search property records, deeds, and other documents. We’ll help you better understand what the Automated City Register Information System is as well as how to perform a search using main options.

The Principal Agent Problem in Real Estate

Have you ever wondered if your real estate agent is working in your best interest? Or are their actions motivated by their own best interest? The principal agent problem is a common occurrence in real estate and can result in financial harm towards the principal.

A Guide to Apartment Renovation in NYC

If you live in New York City, you know that few things are cheap or easy. An overriding characteristic of the city is that even mundane tasks can be difficult, and everyday things expensive. When it comes to remodeling and renovation work in New York City – neither of which is routine – it’s a complicated and time-consuming undertaking made more so when it’s being done in Manhattan.

Real Estate Tokenization

When it comes to possible applications for blockchain and cryptocurrencies in the real estate industry the most exciting would be the tokenizing of real estate. We’re taking an in-depth look at how to tokenize a property as well as the legal, regulatory, and technical challenges involved.