In Manhattan, land is at a premium. It is, therefore, not too surprising that a dispute over a fence that is allegedly eight inches over the property line has led to real estate litigation in the New York Supreme Court.The lawsuit was brought in the New York Supreme...
For landlords of residential property in New York, there are a few points to keep in mind as we enter the tax season. Rent payments from residential property are of course considered taxable income. But rental income also includes advance rent, which must be reported...
When a business is deciding on a location and where it would like to set up shop in New York, the costs of a commercial lease will greatly impact where the business will be located and how long it can stay there. And depending on the current state of the commercial...
Owning real estate in New York can be both exciting and lucrative; however, this experience can have its fair share of obstacles. Whether people own individual property, a small business, a co-op, condominium buildings or large commercial properties, real estate...
For New York residential real estate developers, obtaining financing on favorable terms is essential. Once financing is obtained, staying current on the loan payments is also critical -- a default can put the project in jeopardy of foreclosure. Recently the developer...
