Good Morning New York // Podcast // November 12th, 2019
vince rocco
Buyer's and Sellers Expectations Right Now
Today on the Show: How do you decide to either renovate or sell your apartment and what are the costs of both? Facing the co-op board process and the eventual interview, what key elements do you need to know? Inventory is at near records but sellers have to be more compelling to sell quickly. What makes and investment property a good rental property? What are some of the contingencies that show up in our real estate deals? Where did all the tax abatements go? And if you have floor to ceiling windows in your new condo, how do you decorate? All that and so much more.
Richard Grossman, Mathew Cohen, Matt Martin, Phil Horigan, Nile Lundgren, Tracie Hamersely, Vince Rocco
Sales Contract Due-diligence and New rent Laws Will Affect New Yorkers
Tuesday: June 25th.
At this hour: New York City has more than eight million residents. More than 65 percent of them are renters, one of the highest percentages in the country.
Last week, their rent laws changed drastically. State lawmakers passed legislation to keep more apartments inside New York’s regulatory system, and they created new limits on how much landlords can charge tenants up front and throughout the year.
This is terrible for landlords and property owners and great for rent controlled and rent stabilized tenants, we will break it down.
Also at this Hour: Everyone in a real estate transaction or deal as we call it needs to pay attention. Attention to detail can make or break a deal. What and who is involved in pre-contract signing due-diligence?
Why is this so important and can deals go side-ways… yes all the time.. we will discuss.
— withPhilip Horigan.