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Owners of residential buildings in New York City understand the importance of a well-drafted lease. The lease is the foundation of the relationship between landlord and tenant. It is a legally binding contract that will likely be consulted by both sides in the event...
In last week's post we talked about the sharp increase in apartment prices in Brooklyn and Queens. As residential property prices continue to rise in New York City, those who are thinking about selling their home must make a decision: should they use a broker or put...
As demand for apartments continues to go up in New York, many people who are looking for high-end apartments are looking beyond Manhattan to the outer boroughs. As a result, apartment prices in Brooklyn are going up significantly. According to a recent survey, the...
Purchasers of commercial and residential real estate in New York are generally required by their lenders to purchase title insurance as a condition of the mortgage loan. In this post we'll give a short summary of what title insurance does -- and does not -- do for...