Grammy award winning rapper/actor Common is making his debut as the host of a furniture design competition show. The actor who makes his home in Los Angeles tells the NY POST all about his newest venture.
Monthly Archives: January 2015
How to buy an apartment in NYC
Brick Underground has published a very easy to understand and helpful guide to buying an apartment in New York City.
Closing Costs for NYC Property
For the Seller:
Coops,Condos,residential 1-4 family
Brokerage Commission negotiable
NYC Transfer tax:
1% of price for purchases up to $500,000
1.425% of price for purchases over $500,000
NYS Transfer tax
$2 per $500.00 of sales price
Attorney fee $1500 and up
Flip tax (depends on building) 0-5% COOPS*** Continue reading Closing Costs for NYC Property
Solar power getting used more frequently in NYC buildings
Solar power is being harnessed more and more to provide the resources for NYC apartments according to the Real Deal. Governor Cuomo wants to increase usage ten fold by 2023 and plans to back that up with a $1 billion investment. Continue reading Solar power getting used more frequently in NYC buildings
Should you buy that NYC apartment?
6 tips to help decide to buy a NYC apartment or not
Keep in mind that these tips are just a guide. Obviously, in this market where the inventory is very low, some of these factors will become marginalized. But when making a large purchase like a Manhattan apartment, entering into it with your eyes wide open can only yield better results. I chose not to include obvious factors like views, condition of the apartment and overall affordability. These will be addressed in another series. Continue reading Should you buy that NYC apartment?