Condominiums have become a popular form of residential real estate ownership for many New Yorkers. In a condominium, residents have separate ownership of their individual units, and an undivided interest, shared with other residents, in the common areas such as...
Month: November 2014
Real estate firm to renovate Soho landmark
When a commercial property owner gets into litigation with a tenant, the expense can be a huge drain on the bottom line. Sometimes it takes a little outside help to resolve the situation and get back to making a respectable profit. For the owners of the International...
What rights do I have if I am sued for unpaid rent in New York?
If your landlord has served you with a lawsuit alleging non-payment of rent, you do have rights. But you need to act quickly to preserve those rights.Before starting a lawsuit, the landlord must serve you with a rent demand. The rent demand needs to be provided to you...
New York apartment co-ops offer an alternative to home buyers
There are many options for New Yorkers looking for residential property. One residential real estate option distinctiveto New York City is the cooperative apartment. In a cooperative, the entire building is owned by a corporation. Instead of a deed, you buy shares in...