tag:blogger.com,1999:blog-87877656183952605012024-03-25T13:57:34.505-04:00 Jeffrey R Nolan, Licensed Associate Real Estate Broker at The Corcoran GroupJeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.comBlogger144125tag:blogger.com,1999:blog-8787765618395260501.post-40284251007218841322020-04-27T10:54:00.003-04:002020-05-05T13:24:39.335-04:00New York City Residential Rental Market Report: March 2020 <div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvR38XJ_2-GnB7uJnJRhdGTcs8QI_fzzeZBS1ms7kMlc9RyzfAAZmvbny8VOYstwVrtFJhBP8dUb7s7wTj_LO1xetCA9ir8bhz3vgZG2Kz6MfpqqrpnOoCCGq3608sdCUu4F3-Z9pBaCyb/s1600/Manhattan+.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="720" data-original-width="1280" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvR38XJ_2-GnB7uJnJRhdGTcs8QI_fzzeZBS1ms7kMlc9RyzfAAZmvbny8VOYstwVrtFJhBP8dUb7s7wTj_LO1xetCA9ir8bhz3vgZG2Kz6MfpqqrpnOoCCGq3608sdCUu4F3-Z9pBaCyb/s640/Manhattan+.jpg" width="640" /></a></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{6b87b7d2-15e3-46ef-83e0-16e956194e1d}{253}" paraid="1766007904" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><br /></span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{6b87b7d2-15e3-46ef-83e0-16e956194e1d}{253}" paraid="1766007904" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US">The Corcoran Group’s newly released Rental Market Analysis for March 2020 finds that compared to the month prior, rents in Manhattan and Brooklyn increased for some apartment categories, but declined for others, which suggests that the current public health crisis has not yet influenced overall pricing.</span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{6b87b7d2-15e3-46ef-83e0-16e956194e1d}{253}" paraid="1766007904" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><br /></span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{6b87b7d2-15e3-46ef-83e0-16e956194e1d}{255}" paraid="20770392" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US">While changes to Manhattan rents varied by apartment size year-over-year, rents increased across the board in Brooklyn, which reflects the borough’s increased desirability to tenants.</span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{6b87b7d2-15e3-46ef-83e0-16e956194e1d}{255}" paraid="20770392" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
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<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{2}" paraid="619694229" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">From February to March, rents for Manhattan studio and two-bedroom apartments decreased 2%, while they declined 10% for one-bedroom homes. In contrast, rents for three-bedroom units climbed a substantial 32%. A signed lease for a <a href="https://www.corcoran.com/nyc-real-estate/for-rent/sutton-area/305-east-51st-street-26-c/5951619" target="_blank">$25,000 per month</a> rental at The Halcyon (305 East 51st</span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;"> Street) caused this noteworthy jump.</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{2}" paraid="619694229" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{6}" paraid="207034237" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US">In Brooklyn, rent changes were a mixed bag as well. Pricing for smaller apartment sizes (studios and one-bedrooms) increased 5% and 2% respectively. Meanwhile, rents for two- and three-bedroom homes were down 3% and 2%.</span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
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<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><br /></span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{8}" paraid="868242162" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">When examining concessions, 34% </span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">of rental transactions brokered by The Corcoran Group offered a free month’s rent and/or payment of the broker fee to entice new tenants in March 2020 –higher than the 30% in February. The percentage of concessions is also up from the same period last year. In March 2019, 29% of leases included one.</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{8}" paraid="868242162" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><br /></span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{11}" paraid="1606435691" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US">These move-in incentives continued to be much more prevalent in Brooklyn, where they were found on 49% of leases in March 2020 – versus 28% of Manhattan leases during the same period.</span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{11}" paraid="1606435691" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{13}" paraid="1751785661" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">In March, the Manhattan vacancy rate was 1.12% – nearly unchanged from February’s rate of 1.11%. It is the lowest vacancy rate seen since August 2019 (when it was 1.17%). We attribute the steady (but low) vacancy rate to the fact that due to the pandemic, many tenants are </span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">simply staying put.</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{13}" paraid="1751785661" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><br /></span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{17}" paraid="1879300271" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">Additional relevant findings of the March 2020 Corcoran rental report are outlined below. </span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;"> </span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{19}" paraid="75862164" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">In March 2020, the average monthly rental price for a Manhattan studio was $2,408. For one-bedroom homes, the average was $3,031. For two-bedrooms, the average rent was $4,266. Finally, the average three-bedroom apartment rented for $</span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; background-image: url("data:image/svg+xml; background-position: left bottom; background-repeat: repeat-x; border-bottom: 1px solid transparent; margin: 0px; padding: 0px; user-select: text;">8,127.</span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2 SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; background-image: url("data:image/svg+xml; background-position: left bottom; background-repeat: repeat-x; border-bottom: 1px solid transparent; margin: 0px; padding: 0px; user-select: text;">*</span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">* (impacted by the $25K The Halcyon rental noted above)</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{21}" paraid="765226357" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">Brooklyn studio apartments (in the 14 neighborhoods studied) rented for $2,721 per month on average. For Brooklyn one-bedrooms, the average rent was $3,216 – while rents for two- and three-bedrooms clocked in at $3,986 and $5,367 </span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">respectively.</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{21}" paraid="765226357" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><br /></span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{23}" paraid="1973688502" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">The most expensive Manhattan neighborhood for renters in March was SoHo/TriBeCa with a median rent of $7,255. The West Village was the second-priciest area – with a median rent of $4,195</span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">.</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{25}" paraid="2012212013" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">For Brooklyn, DUMBO was the most expensive neighborhood with a median rent of $4,675 – followed by Brooklyn Heights, where the median rent was $4,005 </span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">per month.</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{25}" paraid="2012212013" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><br /></span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{27}" paraid="1117992957" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">Manhattan rents were lowest in March 2020 in Morningside/Washington Heights, with a median rent of $2,260. When examining neighborhoods below 96th Street, Murray Hill was the least-expensive neighborhood for renters, with a median rent of </span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">$2,600.</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{27}" paraid="1117992957" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><br /></span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{29}" paraid="746782335" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">Bedford-Stuyvesant, with a median March rent of $2,550, was the least-expensive Brooklyn neighborhood tracked in our report, followed by Bushwick– where the median rent was </span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">$2,575.</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{29}" paraid="746782335" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><br /></span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{31}" paraid="1932840606" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">With a vacancy rate of 0.85%, the Upper East Side was the Manhattan neighborhood with least inventory in March 2020, followed by Murray Hill at 0.89%. On the other end of the spectrum, the vacancy rate was highest in Midtown West (at 1.29%) and the Upper West Side (at 1.28%</span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">).</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{31}" paraid="1932840606" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><br /></span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{a2675e35-ec3c-476a-9689-9322eb156b7e}{33}" paraid="1997406111" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="TextRun SCXW225741343 BCX0" data-contrast="auto" lang="EN-US" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;" xml:lang="EN-US"><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;">Click <a href="https://inhabit.corcoran.com/new-york-city-residential-rental-market-report-february-2020/" target="_blank"><span style="color: blue;">here</span></a> to view market statistics from February 2020, and click<span style="color: blue;"> <a href="https://www.citihabitats.com/new-york-real-estate-market-reports" target="_blank"><span style="color: blue;">here</span></a></span></span><span class="NormalTextRun SCXW225741343 BCX0" data-wac-het="1" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: inherit; margin: 0px; padding: 0px; user-select: text;"><span style="color: blue;"> </span>to view market statistics from prior months.</span></span><span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}" data-wac-het="1" style="font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"> </span></div>
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<div class="OutlineElement Ltr BCX0 SCXW225741343" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: white; clear: both; cursor: text; direction: ltr; font-family: "Segoe UI", "Segoe UI Web", Arial, Verdana, sans-serif; font-size: 12px; margin: 0px; overflow: visible; padding: 0px; position: relative; user-select: text;">
<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{6b87b7d2-15e3-46ef-83e0-16e956194e1d}{238}" paraid="1019750068" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
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<div class="Paragraph SCXW225741343 BCX0" lang="EN-US" paraeid="{6b87b7d2-15e3-46ef-83e0-16e956194e1d}{238}" paraid="1019750068" style="-webkit-tap-highlight-color: transparent; -webkit-user-drag: none; background-color: transparent; color: windowtext; overflow-wrap: break-word; padding: 0px; user-select: text; vertical-align: baseline;" xml:lang="EN-US">
<span class="EOP SCXW225741343 BCX0" data-ccp-props="{"201341983":0,"335551550":1,"335551620":1,"335559739":160,"335559740":259}" data-wac-het="1" style="color: blue; font-family: "calibri" , "calibri_embeddedfont" , "calibri_msfontservice" , sans-serif; font-size: 11pt; line-height: 19.425px; margin: 0px; padding: 0px;"><a href="https://www.ecorcoran.com/uploaded_doc/Manhattan_Residential_Rental_Market_Report_Mar_2020.pdf" target="_blank">Click Here To Read The Full Report </a></span></div>
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com1tag:blogger.com,1999:blog-8787765618395260501.post-82408326844744502152019-11-08T17:25:00.002-05:002019-12-10T16:15:38.891-05:00Do you know the New Tenant Rental Laws in NY? <div class="MsoNormal">
<span style="font-family: "verdana" , sans-serif; font-size: x-small;">As you may or may not be aware, New York State made sweeping changes to its </span><a href="https://medium.com/@Hauseit/changes-to-nyc-rent-laws-for-2019-8039f793fea1" style="font-family: Verdana, sans-serif; font-size: small;" target="_blank"><span style="color: blue;"><b>Rent Laws</b></span></a><span style="font-family: "verdana" , sans-serif; font-size: x-small;"> </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">in June 2019. While </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">many </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">of the changes were aimed at rent stabilized and </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">rent </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">controlled apartments, there are a number of changes that affect market-rate apartments</span><span style="font-family: "verdana" , sans-serif; font-size: x-small;"> as well</span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">, and the way you </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">will need to </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">conduct your business </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">moving forward </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">as a </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">L</span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">andlord.</span><br />
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<span style="font-family: "verdana" , sans-serif; font-size: x-small;">Below is an info-graphic outlining some of the pertinent changes to market-rate apartments and also a link to an article from a property manager with a more detailed look into the changes. <o:p></o:p></span></div>
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<span style="font-family: "verdana" , sans-serif; font-size: x-small;"><a href="https://www.venoproperties.com/blog/Upstate-Landlords-Guide-to-the-NY-Tenant-Protection-Act-of-2019?utm_source=Manhattan+Insight%3A+Brooklyn+v.+Manhattan&utm_campaign=Oct+2019&utm_medium=email" target="_blank"><span style="color: blue;"><b>Landlord's Guide to the NY Tenant Protection Act of 2019</b></span></a><o:p></o:p></span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXF20tP4p2aoAyReUfa0UgGO23koLgUSwFyhaOzxXcWtEesGd074_DR-v2p7F2iO4BRWLhsnvTLqYrye40sSNpN9fUmglSjrTUpIIo7n3JwoB8M5M03D3NF-oxJUTeXD27Pb7izSIBjmp6/s1600/Rental+Law+Changes+2019+Final.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="1600" data-original-width="1237" height="640" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgXF20tP4p2aoAyReUfa0UgGO23koLgUSwFyhaOzxXcWtEesGd074_DR-v2p7F2iO4BRWLhsnvTLqYrye40sSNpN9fUmglSjrTUpIIo7n3JwoB8M5M03D3NF-oxJUTeXD27Pb7izSIBjmp6/s640/Rental+Law+Changes+2019+Final.jpg" width="492" /></a></div>
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<span style="font-family: "verdana" , sans-serif; font-size: x-small;">If you’d like to discuss how these changes </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">will affect you</span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">, lets set up a call to discuss. If you have additional questions or need further clarification on the law, we </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">suggest you reach out to a residential real estate attorney </span><span style="font-family: "verdana" , sans-serif; font-size: x-small;">who can offer you further guidance on the best way to comply with the new laws.</span><span style="font-family: "verdana" , sans-serif; font-size: x-small;"> Our “go to” attorney over the years has been Jonathan Feinsilver. Please reach out to us. We are more than happy to make an introduction. </span></div>
Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-34238783944715190882018-03-23T13:07:00.000-04:002018-03-23T17:42:34.368-04:00Perfect Getaway for Spring Break<span style="font-family: "verdana" , sans-serif;">Looking for a spring break getaway that isn't over-run with college kids? We've got just the place: Tulum, Mexico. </span><span style="font-family: "verdana" , sans-serif;">A quick 4 hour-flight from New York, this beach paradise has all the makings of a great spring break, minus the rowdy college crowd. This resort town has an abundance of fine-dining and upscale lodging, and we've outlined our must-see spots for you to check out. </span><br />
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<span style="font-family: "verdana" , sans-serif; font-size: small;"><b>Our favorite places to stay: </b></span><br />
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<span style="font-family: "verdana" , sans-serif;"><a href="https://www.airbnb.com/rooms/16348170" style="font-weight: normal;">Villa Verde</a></span></h4>
<span style="font-family: "verdana" , sans-serif;">This tropical retreat pays attention in every detail, giving you the ultimate sense of peace and tranquility. The beauty of the Mayan Riviera is at your finger tips. This home is close to beach and the town of Tulum. </span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEheksdAprJi-B9sLEezrkUJcrvga1boxc8OT4NQGjhkpg4jDX2D64Y51kiu7Kwa1Gs0p4Xa_oK3VDDliBlM-dhWFBfocEWIlEXKqoZCkIR5JjlkCn8jsskHNCUa3gzePbO8zRcnhLdqIXn-/s1600/Villa+Verde.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: "verdana" , sans-serif;"><img border="0" data-original-height="660" data-original-width="989" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEheksdAprJi-B9sLEezrkUJcrvga1boxc8OT4NQGjhkpg4jDX2D64Y51kiu7Kwa1Gs0p4Xa_oK3VDDliBlM-dhWFBfocEWIlEXKqoZCkIR5JjlkCn8jsskHNCUa3gzePbO8zRcnhLdqIXn-/s640/Villa+Verde.jpg" width="640" /></span></a></div>
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<span style="font-family: "verdana" , sans-serif; font-weight: normal;"><a href="http://www.tulumhotelpez.com/">Colinbri Boutique Hotel</a></span></h4>
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<span style="font-family: "verdana" , sans-serif;">Framed by picturesque scenery composed of seagulls, fishing boats and the Caribbean Sea.This indulgent hideaway is a "Seaside Chic" boutique hotel has everything you need to feel pampered and serene. </span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8Z5lOgc3cCAhjFJnmzknhvOuqEHOVGmCpYL8Bc_gvyZ7gnVeUBfbxr7cMSAwl1wLdhlagLnqwe-nHj2qu91agCo5SAtCS-2n5SxMRUvDyMAfrUAPvT9O-LaTB8S1wqh2NZKxdOcB7Tkhq/s1600/Coinbri+Boutiqu.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: "verdana" , sans-serif;"><img border="0" data-original-height="479" data-original-width="959" height="316" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8Z5lOgc3cCAhjFJnmzknhvOuqEHOVGmCpYL8Bc_gvyZ7gnVeUBfbxr7cMSAwl1wLdhlagLnqwe-nHj2qu91agCo5SAtCS-2n5SxMRUvDyMAfrUAPvT9O-LaTB8S1wqh2NZKxdOcB7Tkhq/s640/Coinbri+Boutiqu.jpg" width="640" /></span></a></div>
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<span style="font-family: "verdana" , sans-serif; font-size: small;"><b>Some great spots to grab a bite at the beach: </b></span><br />
<span style="font-family: "verdana" , sans-serif; font-weight: normal;"><a href="http://www.tulumhotelpez.com/restaurant-bar/">Le Pez</a></span><br />
<span style="font-family: "verdana" , sans-serif;">Want to sip cocktails on the beach without getting sand in your shorts? Le Pez is the perfect solution. The space has been carefully designed for an intimate setting, with vista of the sea. Local foods are prepared by chefs daily. </span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCfvMAZv0Kyc9X03pSFU1jE-QgvVV6a_RUxJN5uq30Gr7Vs_O7_mj7ZA0FeGkBycM6lKwHAO-Po3ZLlQXr4Rf9vXzuPyF8HB5oAXRIXHhBMy-EpcNl4DpQ9j682wPpZJkVpLwW-qz7wrMH/s1600/Le+Pez.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: "verdana" , sans-serif;"><img border="0" data-original-height="644" data-original-width="967" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCfvMAZv0Kyc9X03pSFU1jE-QgvVV6a_RUxJN5uq30Gr7Vs_O7_mj7ZA0FeGkBycM6lKwHAO-Po3ZLlQXr4Rf9vXzuPyF8HB5oAXRIXHhBMy-EpcNl4DpQ9j682wPpZJkVpLwW-qz7wrMH/s640/Le+Pez.jpg" width="640" /></span></a></div>
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<span style="font-family: "verdana" , sans-serif; font-weight: normal;"><a href="http://www.thompsonhotels.com/hotels/playa-del-carmen/thompson-playa-del-carmen/restaurant-bars/catch">Catch</a></span></h4>
<span style="font-family: "verdana" , sans-serif;">Whether enjoying cocktails and sunsets on the rooftop, or taking in the 360 degree view of the Riviera Maya, Catch is a must-visit while in Tulum. </span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieghEaVTx9So8gJeAolKtW1pCKyYcYnrMnSRQ8YNXMuiRJousxw4Gy3r_vo7UoUkcWXecx6-q8smmIYmcbgtlN7oQ_DL3sD0dyRbodnlKyV-JJCdR7Q5qxBy1k0CNw17C0QMWXP8B3VmT9/s1600/catch.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: "verdana" , sans-serif;"><img border="0" data-original-height="659" data-original-width="987" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieghEaVTx9So8gJeAolKtW1pCKyYcYnrMnSRQ8YNXMuiRJousxw4Gy3r_vo7UoUkcWXecx6-q8smmIYmcbgtlN7oQ_DL3sD0dyRbodnlKyV-JJCdR7Q5qxBy1k0CNw17C0QMWXP8B3VmT9/s640/catch.jpg" width="640" /></span></a></div>
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<span style="font-family: "verdana" , sans-serif; font-weight: normal;"><a href="http://arcatulum.com/">Arca</a> </span></h4>
<span style="font-family: "verdana" , sans-serif;">If you're looking for open-air dining with more than a beach view, you have to try Arca. This restaurant is located in the tropical jungle of Tulum. Sip cocktails and nibble on tasty bites, while surrounded by lush greenery. </span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgn80fbE430EeCWPkM82H8Qt2bZE5Iisaq3jVPc7Xw2DcfmdqgSLWXhqBwEos09MaDk_h2BtDuUubhMX01bveRC5xmfeRiICJ_4Xnc66MCL052qQHJFz1ybF2k6tjtTLiGHT9qF1HSxipCO/s1600/Arca.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="666" data-original-width="1000" height="426" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgn80fbE430EeCWPkM82H8Qt2bZE5Iisaq3jVPc7Xw2DcfmdqgSLWXhqBwEos09MaDk_h2BtDuUubhMX01bveRC5xmfeRiICJ_4Xnc66MCL052qQHJFz1ybF2k6tjtTLiGHT9qF1HSxipCO/s640/Arca.jpg" width="640" /></a></div>
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<span style="font-family: "verdana" , sans-serif; font-weight: normal;"><a href="http://www.thompsonhotels.com/hotels/playa-del-carmen/thompson-playa-del-carmen/restaurant-bars/cinco?utm_source=google-local&utm_medium=organic&utm_campaign=gmb">Cinco</a></span><br />
<span style="font-family: "verdana" , sans-serif;">Take in the beautiful views of Playa del Carmen, while grabbing a bite to eat, or having a drink at the swim-up pool bar. For ultimate pool day, Cindo is a must. </span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYUD_gXQOkCx8sOSQlFk1oOKxGzWoKMnc9CUTSDSiKCcwdEOYMNfaCW-OaejKovXptsaM7nW3t8_HApOrWASbGnjNCsrwxN1enQqeArMMAOO_UXMj2JmKgDkCFWxWXFxGQsp5BZJupXebA/s1600/cinco.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><span style="font-family: "verdana" , sans-serif;"><img border="0" data-original-height="739" data-original-width="986" height="478" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiYUD_gXQOkCx8sOSQlFk1oOKxGzWoKMnc9CUTSDSiKCcwdEOYMNfaCW-OaejKovXptsaM7nW3t8_HApOrWASbGnjNCsrwxN1enQqeArMMAOO_UXMj2JmKgDkCFWxWXFxGQsp5BZJupXebA/s640/cinco.jpg" width="640" /></span></a></div>
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<br />Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-40070570076706536352017-04-28T17:05:00.000-04:002017-04-28T17:10:07.133-04:00Brooklyn 2016 Townhouse Report<div style="background: white; line-height: 13.2pt; margin-bottom: .05in; margin-left: 0in; margin-right: 0in; margin-top: 0in;">
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<b style="background-color: transparent; font-family: arial, helvetica, sans-serif;">Brooklyn Townhouse Report Take Aways:</b></div>
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<ul style="margin-top: 0in;" type="disc">
<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><b>Sales activity is a little cooler.</b> 2015 turned out to be a
banner year for Brooklyn townhouse sales, so we were unsurprised that
buyers were a little less busy in 2016. The number of townhouse
sales in 2016 was down 5%.</span></li>
</ul>
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<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><b>Strong prices.</b> The median price for a Brooklyn townhouse in 2016
was $1.75M, up 9%, and the average price per square foot was $774, up 5%.
Multi-residence townhouses were especially strong, with a 10% rise in
median price and 6% in ppsf.</span></li>
</ul>
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<li class="MsoNormal" style="line-height: normal; margin-bottom: .0001pt; margin-bottom: 0in; mso-list: l0 level1 lfo1;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><b>Investment opportunities. </b>Speculative investment,
restoration, and property flipping are playing a role in the Brooklyn
townhouse segment in some neighborhoods, particularly in
Bedford-Stuyvesant. </span></li>
</ul>
<span style="font-family: "arial" , "helvetica" , sans-serif;">I am delighted to share with you our 2016 Brooklyn Townhouse
Report. Inside you will find a detailed analysis of single-family and
multi-residence (four units or less) townhouse sales that closed in Brooklyn
last year.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="https://media.corcoran.com/pdf/reports/2016_TH_Report/Brooklyn%20TownHouse%20Report%202017_nonames.pdf">Click Here</a> for the full report.</span><br />
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com4tag:blogger.com,1999:blog-8787765618395260501.post-66404218984619526822017-04-28T16:00:00.002-04:002017-04-28T17:06:15.086-04:00Spring - The Perfect Excuse for a Clean Start!<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;">A word
from Meryl Starr, Professional Organizer, Motivational Coach/Speaker, plus
Author of “The<i> Personal Organizing Workbook” <o:p></o:p></i></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="font-family: "arial" , "helvetica" , sans-serif;">The
following is a list of 10 easy ways to prepare of the season. </span><span style="font-family: "arial narrow" , sans-serif;"><o:p></o:p></span></span></div>
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<span style="font-family: arial, helvetica, sans-serif;">1. Scrub-a-dub-dub.
There is a reason why we say it’s time for “spring cleaning” Dust bunnies, cobwebs,
grime and dirt all have to go.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif; font-stretch: normal; line-height: normal;"> </span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif; text-indent: -0.25in;">2. Glasswork.
Wash your windows. Nothing brings in light like washing away that winter film.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">3. Plant
a Garden…Then, enjoy flowers, fresh herbs, and home-grown tomatoes this summer.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span><span style="font-family: "arial" , "helvetica" , sans-serif; font-stretch: normal; line-height: normal;">4. </span><span style="font-family: "arial" , "helvetica" , sans-serif; text-indent: -0.25in;">Research
summer camps for your children</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif; text-indent: -0.25in;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif; font-stretch: normal; line-height: normal;">5. </span><span style="font-family: "arial" , "helvetica" , sans-serif; text-indent: -0.25in;">Make
sure your air conditioner is cleaned and ready to go.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif; text-indent: -0.25in;"><span style="text-indent: -0.25in;">6. Cleaning
Agents. Spring is the perfect time to get your carpets, rugs and upholstery
cleaned by professionals.</span></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; text-indent: -0.25in;">7. Curtain
Call. Replace the shower-curtain liner in your bathroom. Mold and mildew can
build up and exacerbate allergies and asthma.</span><span style="font-family: "arial" , "helvetica" , sans-serif; text-indent: -0.25in;"></span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif; text-indent: -0.25in;">8. Keep
a picnic basket and a blanket handy, so you can make the most of a sunny
afternoon at a moment’s notice.</span><span style="font-family: "arial" , "helvetica" , sans-serif; text-indent: -0.25in;"></span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">9. Finish
up those indoor projects you started and did not complete during the winter.
Projects like painting your bedroom or organizing a box of photographs. Soon
your attention will be outdoors and you will not revisit the indoor projects
probably until winter.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span><span style="font-family: "arial" , "helvetica" , sans-serif;">10. Waste
Not. Clean out your closets, drawers and cabinets. Mark two bins….”keep” and
“get rid of”. Be bold, be heartless, be unforgiving, and don’t forget to get a
receipt when you donate your stuff to local charities.</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br />Hope this list helps you to get the Spring Season off to an Organized start.</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">If you
need additional help or some motivation, please call Meryl Starr at (917)-902-9185</span><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">HAPPY
SPRING!</span><o:p></o:p></div>
Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com1tag:blogger.com,1999:blog-8787765618395260501.post-11790595507269718292017-03-16T10:40:00.000-04:002017-03-16T10:40:46.222-04:00Co-Op vs. Condos <div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjL4yHLC7j6zE6Ojh_VUOtQhXcCf5LP6sC-A0EqY5Wz4mPQVCdLhVQsof2OvhaJ5abgZNvnoGczcL3HqT4i6tgz1LUQDkmCcD220H9sBbQjwRrWyYqMWytedra5Yb4HfVFyQBk7a-xa30eg/s1600/1---Difference-btw-Co-op-and-Condo-Blogspot.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjL4yHLC7j6zE6Ojh_VUOtQhXcCf5LP6sC-A0EqY5Wz4mPQVCdLhVQsof2OvhaJ5abgZNvnoGczcL3HqT4i6tgz1LUQDkmCcD220H9sBbQjwRrWyYqMWytedra5Yb4HfVFyQBk7a-xa30eg/s1600/1---Difference-btw-Co-op-and-Condo-Blogspot.png" /></a></div>
<br />Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com10tag:blogger.com,1999:blog-8787765618395260501.post-91604221537847132662017-03-10T09:32:00.001-05:002017-03-13T12:25:49.701-04:00Selling in Chelsea<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQRSd1XWkGavuw6UM6Tmu60Ap2Vk929-4P4vu7K64tCvhS6c4nKnlz1oCQv2h0EtttyzhFzc18ErEGMdT3PHfxZ4V9fx8EjbxfZrg5w2yz9k1dms9cLDCssWPAYJQPbtINuRVqaXavSmNf/s1600/344+West+23.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="410" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQRSd1XWkGavuw6UM6Tmu60Ap2Vk929-4P4vu7K64tCvhS6c4nKnlz1oCQv2h0EtttyzhFzc18ErEGMdT3PHfxZ4V9fx8EjbxfZrg5w2yz9k1dms9cLDCssWPAYJQPbtINuRVqaXavSmNf/s640/344+West+23.jpg" width="640" /></a></div>
<span id="goog_815896508"></span><span id="goog_815896509"></span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Conveniently located on West 23rd St., we recently welcomed a new resident from the sale of our quaint two bedroom, two bath home. With endless possibilities for customization, we successfully marketed and sold this "as is" opportunity. </span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Our client was recently quoted saying, “Jeff was instrumental in the sale of our home. He was resourceful, trustworthy, and highly proactive.” They say when the going gets tough the tough get going. Jeff has the patience, perseverance, and motivation to handle the complex buying process."</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">To learn his secrets to selling your property at the highest value, call Jeff today.</span><br />
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com6tag:blogger.com,1999:blog-8787765618395260501.post-41707119437490909722017-02-23T12:20:00.002-05:002017-03-13T17:02:08.534-04:00Working with a Buyer’s Broker<div class="MsoNormal">
<span style="color: #1f497d; font-family: "arial" , "helvetica" , sans-serif;">New Yorkers are some of the most
keen and savvy shoppers around. We are exposed to a multitude of ad stuff
including billboards, flyers, the “two dweebs” standing in the middle of the
sidewalk trying to sucker you into donating to their latest cause, signs,
subway ads, free morning papers, etc…nearly everywhere you turn there is more
ad stuff. As a result, we have developed a keen sense of what’s real and what’s
not!</span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">There’s typically a jaw dropping
reaction when it is revealed to a buyer of a co-op or condo in NYC that
“working with a buyer’s broker is FREE.” That’s right, when you’re ready to
apartment shop in NYC it costs you nothing to team up with an experienced
broker who can provide you guidance and perspective. In fact, they will very
likely save you time energy and money – if you choose a good one!<o:p></o:p></span></span><br />
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">What’s the catch? In New York,
broker’s commissions are pre-determined prior to the listing going live and are
paid for by the seller. This means the listing agent, or agent to the party
selling an apartment, will split their commission (usually 50/50) with the buyer’s
agent because ultimately they want to make a deal happen for their client.
This “co-brokering” strategy/philosophy is beneficial to all parties –
for the seller because they are engaging with many buyers’ brokers and their
client who feels more comfortable working with a trusted advisor, and lastly the
buyer too because they have more options to choose from and are fully
represented in the transaction. <o:p></o:p></span></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Essentially the seller pays the
commission for both the seller’s agent and the buyer’s agent. Typically the
commission equals roughly <a href="http://www.realtor.com/advice/sell/how-do-real-estate-agents-get-paid/">5-6% of the home’s sales price</a>, which is split evenly between
both agents (on a $1,000,000 home that would be $25,000-$30,000 apiece). In
today’s market, the typical time needed to find and close on an apartment is
anywhere between 4-6 months There is a fine balance between the time committed
to the buyer and earning a commission at the closing table. A good buyer’s
agent will strive to prove their dedication and loyalty and will ask for your
loyalty in return as you proceed in your search to make sure you find the best
possible fit at the right price. <o:p></o:p></span></span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9Zxrkw3FL4AlkzlhevZEL4kqaDQ71U_S9QzshyuOeV9Oe4zFqdwoBcVHrsbOW3eMeE_IAW21VhTpTVx124HmadsYU00VH_tCoGYdaj7hOHyGSy9Jh9bcd3GS9Z2UZ-smq2lLfMpHgiyLI/s1600/loyalty.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="276" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi9Zxrkw3FL4AlkzlhevZEL4kqaDQ71U_S9QzshyuOeV9Oe4zFqdwoBcVHrsbOW3eMeE_IAW21VhTpTVx124HmadsYU00VH_tCoGYdaj7hOHyGSy9Jh9bcd3GS9Z2UZ-smq2lLfMpHgiyLI/s400/loyalty.png" width="400" /></a></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">It’s important to note the
difference between buying agent and listing (sales) agent. As a home buyer, you
should be aware and forewarned that when attending an open house alone with no
buyer’s agent representation (either present or working from the sidelines)
that when you engage the listing agent you will be unrepresented. A listing
broker pledges his/her fiduciary responsibility to the seller and the seller
only, therefore legally may not reveal information that could be relevant to
the purchase or in your best interest.<o:p></o:p></span></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Attending open houses is an
informative experience, but remember the broker greeting you at the door is not
your agent or friend. They’re simply taking the appropriate actions to sell
their clients property for top dollar, leaving no room to consider your
interests. As best explained: <o:p></o:p></span></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">“Let’s say, for instance, you
walked up to the listing agent at an open house and gushed about how you love
the home and want to buy it, but you will need to move soon because you’re
expecting your second child and need to decorate the nursery pronto, or the
lease on your rental is up in a couple of months. A seller’s agent can use this
information against you by informing the seller that your clock is
ticking, so they shouldn’t budge too much on their asking price—or at all.<o:p></o:p></span></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Yet make this same
confession to the buyer’s agent you’re working with, and it’s all
fine—this professional would know to keep this information private from
sellers (and their agents) so it can’t be used against you.” - <a href="http://www.realtor.com/advice/buy/what-is-a-buyers-agent-used-for/">Realtor.com</a><o:p></o:p></span></span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDW991l34SF5EfVn0XIFIMPmtAAlY8H8AhUnQCorNOhwoMkNyDtziqVlP8wRV2EXZ_o7WYemsRkkrv-f6u3FjuDaMwGwtW63G8lE0ngKpWhK-HmKHskR0YZaC1p3SN5DMOhkUp8QBs4r1R/s1600/pros_cons.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="177" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDW991l34SF5EfVn0XIFIMPmtAAlY8H8AhUnQCorNOhwoMkNyDtziqVlP8wRV2EXZ_o7WYemsRkkrv-f6u3FjuDaMwGwtW63G8lE0ngKpWhK-HmKHskR0YZaC1p3SN5DMOhkUp8QBs4r1R/s400/pros_cons.jpg" width="400" /></a></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">There are main things you want to
consider when choosing a Buyer’s Agent:<o:p></o:p></span></span></div>
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<span style="color: #1f497d; font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="color: #1f497d; font-family: "arial" , "helvetica" , sans-serif;">What areas do they specialize in
– live and work?</span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">What is their level of experience
in real estate?<o:p></o:p></span></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Do they have testimonials and
recommendations from previous buyers and sellers online?<o:p></o:p></span></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Are they friendly, capable,
knowledgeable, patient – remember you are going to work with them for months.<o:p></o:p></span></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">What is their availability to
work with you?<o:p></o:p></span></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Take the time to interview a few
brokers and ask pertinent questions about how they work, their process and
their team of professionals that will help get you to the closing table with
comfort and ease and without compromise or fail.<o:p></o:p></span></span></div>
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<span style="color: #1f497d; font-family: "arial" , "helvetica" , sans-serif;">Jeff Nolan specializes in both
the sale and leasing of Manhattan and Brooklyn residential real estate
properties (condos, coops and townhouses), having over 10+ years in transnational real estate experience with The Corcoran Group and 20+ years as a
landlord/real estate investor. He is dedicated to bringing the right listings
to your fingertips and ready to accommodate you on showings at any time.
Don’t take our word for it, check him out online – just Google Jeff Nolan and
Corcoran. We invite you to share your search criteria with us and schedule some
time to work with him today.<o:p></o:p></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Sources:</span></span></div>
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<span style="color: #1f497d;"><span style="font-family: "arial" , "helvetica" , sans-serif;">[1] <a href="http://www.realtor.com/advice/buy/what-is-a-buyers-agent-used-for/">http://www.realtor.com/advice/buy/what-is-a-buyers-agent-used-for/</a></span><span style="font-family: "candara" , sans-serif; font-size: 12pt;"><o:p></o:p></span></span></div>
Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com61tag:blogger.com,1999:blog-8787765618395260501.post-8948943628203654602017-02-23T11:53:00.002-05:002017-02-24T13:10:44.554-05:00Inspectors<span style="font-family: Arial, Helvetica, sans-serif;"><br /></span>
<span style="color: #1f3864; font-family: Arial, Helvetica, sans-serif;">Robert Albani</span><br />
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">Home Tech Consultants, Inc.<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">(718) 938-2144 (wk)<o:p></o:p></span></span></div>
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">(516) 524-1784<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;"><a href="mailto:BuildingSpecsNY@cs.com">BuildingSpecsNY@cs.com</a><o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;"><a href="http://www.hometechconsult.com/">http://www.hometechconsult.com/</a><o:p></o:p></span></span></div>
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">Hal Einhorn<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">Old House Inspection<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">(212) 794-3205<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;"><a href="mailto:HEinhorn@OldHouseInspection.com">HEinhorn@OldHouseInspection.com</a><o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;"><a href="http://www.oldhouseinspection.com/">http://www.oldhouseinspection.com/</a><o:p></o:p></span></span></div>
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">Joe Pastoro<o:p></o:p></span></span></div>
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">AVT Engineering PLLC<o:p></o:p></span></span></div>
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">(718) 720-5088<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;"><a href="mailto:INFO@avtengineering.com">INFO@AVTEngineering.com</a><o:p></o:p></span></span></div>
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;"><a href="http://www.avtengineering.com/2.html">http://www.avtengineering.com/2.html</a>/<o:p></o:p></span></span></div>
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">Dov Herman <o:p></o:p></span></span></div>
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">New York Inspect<o:p></o:p></span></span></div>
<div class="MsoNormal">
<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;">(718) 467-7328<o:p></o:p></span></span></div>
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<span style="color: #1f3864;"><span style="font-family: Arial, Helvetica, sans-serif;"><a href="mailto:Buildinginspector@gmail.com90">Buildinginspector@gmail.com90</a><o:p></o:p></span></span></div>
<br />
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<span style="color: #1f3864;"><a href="https://www.linkedin.com/in/dov-herman-b363146/"><span style="font-family: Arial, Helvetica, sans-serif;">https://www.linkedin.com/in/dov-herman-b363146/</span></a><span style="font-family: Candara, sans-serif; font-size: 12pt;"><o:p></o:p></span></span></div>
Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com6tag:blogger.com,1999:blog-8787765618395260501.post-84971576318834028462017-02-21T08:45:00.004-05:002017-03-13T12:28:21.616-04:00The Value of Outdoor Space<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Private outdoor space in New York City is a luxury to say the
least. Whether you're peering over from your balcony to buzz up the delivery
man, sipping the morning coffee on your terrace, watching the sunset from your
roof top cabana or grilling "shrimps on the barbie" in the garden with your friends – a balcony,
terrace, cabana, or garden space is just about as "outdoorsy" as it
gets in NYC.
This week we are featuring a look at the value of this precious outdoor space
that we love so dearly. </span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
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<b><span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span></b>
<b><span style="font-family: "arial" , "helvetica" , sans-serif;">Q: How do you put a price on outdoor space?</span></b><br />
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<span style="font-family: "arial" , "helvetica" , sans-serif;">A:
Pricing outdoor space is determined by a number of factors. First, one must
consider the use of the space, design, size, views, private or shared, and its
proximity to the kitchen. For example, private terraces are obviously
priced higher than shared terraces. Being able to walk out to terrace from your
bedroom is convenient, but having a balcony or terrace with an entrance from
your living room is more desirable for entertaining guests and more valuable.
Who wants to have theirs guests traipse through their bedroom to get to the
outdoor space. Size clearly matters too, but there is a sense of utility
placed on every space. For example, 500 square feet (SF) is perfect for a
table, lounge area and grill area, but perhaps a 1,000 SF is just not
necessary. In this case, many buyers may not want to purchase an expensive
space like this so the buyer pool is narrow and hence base on supply and
demand, the value will typically be less per square foot if the space is too
large. <u5:p></u5:p><o:p></o:p></span></div>
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<br /></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">See
below for different multiples to be applied to outdoor space in order to arrive
at the fair market value. These multiples are applied to the interior price per
square foot of the given building. <u5:p></u5:p><o:p></o:p></span></div>
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<br /></div>
<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;">Garden
space: ~25%<u5:p></u5:p><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;">Outdoor
space with views: ~50%<u5:p></u5:p><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;">Outdoor
space without views: ~33%<u5:p></u5:p><o:p></o:p></span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Additional characteristics affecting the valuation of outdoor space include but are not limited to direct light, shade, views, layout, planted, noise level, quality, ability to grill, the building itself, location, privacy, etc. All of these factors will help to determine how the multiplier scale of ~25% to ~50% of the interior square footage of the building will be applied. </span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;"><b>What about BBQing in NYC?</b></span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;">Summer in the city is a season for entertaining, enjoying the outdoors, and of course barbecuing! Did you know that propane grills are not allowed in New York City? The <a href="http://www1.nyc.gov/site/buildings/codes/2014-construction-codes.page#fuel">NYC Fuel Gas Code</a> states that you can't store standard backyard propane on a balcony, roof deck, backyard, or in a courtyard [1]</span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span></div>
<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;">In
FAQ’s for <a href="https://www.brickunderground.com/blog/2013/05/outdoor_in_nyc_faqs_from_those_lucky_enough_to_have_patio_roofdecks_and_gardens">Those Lucky to Have Outdoor Space</a>, </span><span style="font-family: "arial" , "helvetica" , sans-serif;">The Brick Underground also shares that,
“You can use a propane tank that’s smaller than 16.4 ounces in some cases.
Remember, you can be slapped with fines of up to $10,000 or more if you don’t
comply, although the law is mostly unenforced.” Fines this serious are
simply necessary because the fire department doesn’t have enough manpower or
time to check every terrace, therefore if you’re caught violating the law and
using propane gas to BBQ you will be fined.</span></div>
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<br /></div>
<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;">On
a brighter note, according to <a href="https://www1.nyc.gov/site/buildings/homeowner/barbecues.page">New York
City’s Department of Buildings</a>, “Cooking with a charcoal barbecue is legal
on a terrace or in a backyard — but not on a balcony or roof. There must be a
10-foot clearance between the grill and the building.” If you get really lucky
some buildings like 125 North 10th Street, actually have induvial gas line
connections installed, so yes BBQing is legal, safe, and a favorite pass time
for residents who own cabanas.<o:p></o:p></span><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">It could be a conversation piece, an additional extension for entertaining, or even your private escape from four walls - it's really not classified as traditional "living space", but regardless it's coveted space and adds value to your property. </span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">
<!--[endif]--><o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><u5:p></u5:p><u5:p></u5:p>Sources:
<u5:p></u5:p><o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">[1]
<a href="https://www.brickunderground.com/blog/2013/05/outdoor_in_nyc_faqs_from_those_lucky_enough_to_have_patio_roofdecks_and_gardens"><span style="color: windowtext;">Https://www.brickunderground.com/blog/2013/05/outdoor_in_nyc_faqs_from_those_lucky_enough_to_have_patio_roofdecks_and_gardens</span></a><o:p></o:p></span></div>
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<!--[if !supportLineBreakNewLine]--><br />
<!--[endif]--><o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><u5:p></u5:p>[2]
<u5:p></u5:p><o:p></o:p></span></div>
<span style="font-family: "arial" , "helvetica" , sans-serif;"><u5:p></u5:p></span><br />
<div class="MsoNormal">
<a href="http://streeteasy.com/talk/discussion/2247-how-to-price-outdoor-space-deck-balcony-garden-and-basements"><span style="font-family: "arial" , "helvetica" , sans-serif;">http://streeteasy.com/talk/discussion/2247-how-to-price-outdoor-space-deck-balcony-garden-and-basements</span></a><span style="font-family: "candara" , sans-serif; font-size: 16pt;"><u5:p></u5:p></span><o:p></o:p></div>
Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-10998310925979396382017-02-03T17:48:00.000-05:002017-02-24T12:22:22.666-05:00Who is Representing Me?<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgdiQkgv0xV1RkcIy2unHoCD7nIam5sasmeuq23jBDu1p0IBPU_kmQGIxvNx4GiS6B9u7tLBSKEtwiin-LYBtImSNiBmwg7rmj_oWAzOITVXM7FtlBtmi_TcbvNEnacZFQ8ZX468UY7Stmx/s1600/images.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="268" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgdiQkgv0xV1RkcIy2unHoCD7nIam5sasmeuq23jBDu1p0IBPU_kmQGIxvNx4GiS6B9u7tLBSKEtwiin-LYBtImSNiBmwg7rmj_oWAzOITVXM7FtlBtmi_TcbvNEnacZFQ8ZX468UY7Stmx/s400/images.jpg" width="400" /></a></div>
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Since January 2011, disclosure of relationships has changed. No we
haven’t gone back and hacked your sweet love poems from yesteryear, although
that one letter was hella’ smooth. We’re talking about the other important
relationship in your life, the one with your real estate broker. When hiring a
real estate agent you enter into a fairly close relationship – think about it,
you are going to be talking and dealing with this person for months in one of
the most important transactions of your life. There needs to be trust and you
need to feel comfortable. You’ll be sharing pretty intimate details of your
wealth, so confidentiality is critical – i.e. you need someone you can trust.</span></div>
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<br /></div>
<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;">In January 2011, NYC placed into law a requirement that real estate
brokers must keep agency disclosure forms on file for a minimum of three years.
This is a directive from the DOS (Department of State) to protect all parties
involved in any and all residential real estate transaction. The NY Times wrote
about <a href="http://www.nytimes.com/2011/01/02/realestate/02post.html?ref=realestate"><span style="color: windowtext;"><b>A New Broker
Disclosure Law in New York</b></span></a>, enlightening the public that
real estate agents are required to discuss agency and the contents of this form
once there is “substantive interaction” such as a buyer talking about
making an offer or learning more about a property. <o:p></o:p></span></div>
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<br /></div>
<div class="MsoNormal" style="margin-bottom: 12.0pt;">
<span style="font-family: "arial" , "helvetica" , sans-serif;">Where there is a great deal of confusion is during an open house where
the direct buyer<span style="color: #1f497d;">,</span> who is not represented by
a buyer's broker<span style="color: #1f497d;">,</span> walks into an open house
and receives helpful information from the listing agent. At this point, it may
seem as if the listing agent is representing the buyer, but nothing could be
further from the truth. The listing agent represents the seller and has a
fiduciary duty to the seller. This is one of the main reasons that you need to
understand your relationship and also why it's a good idea to hire a buyer's
broker.<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;">The Agency Disclosure form is not a contract, but rather a disclosure
form that clarifies the relationship of the listi<span style="color: #1f497d;">ng</span>
agent and the buyers broke<span style="color: #1f497d;">r. </span> It signifies the agents fiduciary duty and
speaks to other important aspects of the relationship like undivided loyalty,
obedience, full disclosure, confidentiality and duty to account. It is here to
protect you as a consumer. So, the next time you attend an Open House or engage
in a conversation with a real estate agent, remember to ask the most important questions,
“Who do you represent?”. <o:p></o:p></span></div>
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<br /></div>
<span style="font-family: "arial" , "helvetica" , sans-serif;">Upon reviewing the<u> <a href="https://www.dos.ny.gov/forms/licensing/1736-a.pdf"><b>Agency Disclosure Form</b></a></u>, let us know if you have any
questions and/or would like clarification about a specific circumstance.</span>Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-78844559098982428842017-02-02T16:42:00.003-05:002017-02-02T16:42:36.202-05:00Condo Vs Co-ops Vs Townhouses<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjp1UNtu4K0CJjLNHdEaf4dNihVfuZ2aG2HSkp65U_Bkq_nuoCqy_ZqUqwbJmol1vSxO7TqdChlsKv5GdjfSfboufoocvUZUEe5Fj-FIBi_Nwj0GWmKQlMvQPixilqOQyFHmhtt0nexVHbV/s1600/Types-of-Home-Ownership.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjp1UNtu4K0CJjLNHdEaf4dNihVfuZ2aG2HSkp65U_Bkq_nuoCqy_ZqUqwbJmol1vSxO7TqdChlsKv5GdjfSfboufoocvUZUEe5Fj-FIBi_Nwj0GWmKQlMvQPixilqOQyFHmhtt0nexVHbV/s1600/Types-of-Home-Ownership.jpg" /></a></div>
<br />Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-48612345302178365632017-01-27T10:23:00.001-05:002017-03-13T12:34:25.155-04:00Interior Designers<div style="text-align: center;">
<div style="text-align: left;">
<span style="font-size: 10pt;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Michala Monroe</span></span></div>
</div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: 10.0pt;">Interior Designer<o:p></o:p></span></div>
</div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: 10.0pt;">M | Monroe Design LLC<o:p></o:p></span></div>
</div>
</div>
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<div style="text-align: center;">
<div style="text-align: left;">
<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: 10.0pt;">T - 518.330.3655<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: 10.0pt;"><span style="color: windowtext; text-decoration: none; text-underline: none;"><a href="mailto:m@mmonroedesign.com">m@mmonroedesign.com</a></span><o:p></o:p></span></div>
</div>
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<div style="text-align: center;">
<div style="text-align: left;">
<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: 10.0pt;"><a href="http://mmonroedesign.com/projects">Website</a></span></div>
</div>
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com5tag:blogger.com,1999:blog-8787765618395260501.post-20813345081709082652017-01-27T10:15:00.000-05:002017-02-02T11:10:32.611-05:00General Contractor<div class="MsoNormal">
<div style="text-align: justify;">
<div style="text-align: center;">
<div style="text-align: left;">
<span style="font-family: Arial, Helvetica, sans-serif;">From completely changing your new apartment's layout and sound proofing your walls to hanging up ornate window treatments and changing doorknobs. We've personally worked with Jamal and welcome you to learn about his expertise. </span></div>
</div>
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<b><span style="font-family: Arial, Helvetica, sans-serif;"><br /></span></b></div>
</div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;"><b>Jamal Elnatour</b><o:p></o:p></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;">General Contractor & Vice President<o:p></o:p></span></div>
</div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;">Dynamic Construction<o:p></o:p></span></div>
</div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;">M – 646-724-6161<o:p></o:p></span></div>
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<div style="text-align: left;">
<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;"><span style="color: windowtext; text-decoration: none; text-underline: none;"><a href="mailto:Dynamiccob1@aol.com">Dynamiccob1@aol.com</a></span><o:p></o:p></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;"><a href="http://dynamicconstructionob.com/">Website</a></span></div>
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com1tag:blogger.com,1999:blog-8787765618395260501.post-52984744152659325552017-01-27T10:11:00.002-05:002017-02-02T11:10:44.845-05:00Title Insurance<div style="text-align: center;">
<div style="text-align: left;">
<span style="font-family: Arial, Helvetica, sans-serif;">Title insurance is available for a condominium, just as it is in a house on it's own parcel of land. You should get title insurance on your condo because it protects your property and interests. Often times lenders will require title insurance prior to closing so as to insure their interest in the condo.</span></div>
</div>
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<div style="text-align: left;">
<span style="font-family: Arial, Helvetica, sans-serif;"><br /></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;"><b>Ruanna Sakols </b><o:p></o:p></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;">Insignia National Title Agency<o:p></o:p></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;">6 East 39th Street - Suite 700<o:p></o:p></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;">New York, NY 10016<o:p></o:p></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;">T – 212-465-0777<o:p></o:p></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;">M – 347-875-7346<o:p></o:p></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;">F – 212-465-0771<o:p></o:p></span></div>
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<span style="font-family: Arial, Helvetica, sans-serif; font-size: 10.0pt;"><span style="color: windowtext; text-decoration: none; text-underline: none;"><a href="mailto:rsakols@insigniatitleagency.com" target="_blank">rsakols@insigniatitleagency.com</a></span><o:p></o:p></span></div>
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<span style="font-size: 10.0pt;"><a href="http://insigniatitleagency.com/" target="_blank"><span style="color: blue; font-family: Arial, Helvetica, sans-serif;">Website</span></a></span></div>
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com1tag:blogger.com,1999:blog-8787765618395260501.post-57497700056145566082017-01-27T10:00:00.002-05:002017-02-20T20:30:33.164-05:00Property and Casualty Insurance (Residential and Commercial)<div class="MsoNormal">
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<b><span style="font-family: "arial" , "helvetica" , sans-serif;">Pamela Brenner</span></b></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">Cohen Partners, LLC<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">104 West 40th Street, Suite 1001<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">New York, NY 10018<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">T - <a href="tel:212-661-0465%20x214" target="_blank"><span style="color: windowtext; text-decoration: none; text-underline: none;">212-661-0465 x 214</span></a><o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">M - <a href="tel:201-486-5629" target="_blank"><span style="color: windowtext; text-decoration: none; text-underline: none;">201-486-5629</span></a><o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">F - <a href="tel:212-661-0538" target="_blank"><span style="color: windowtext; text-decoration: none; text-underline: none;">212-661-0538</span></a><o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="mailto:pbrenner@cpinsurance.com" target="_blank">pbrenner@cpinsurance.com</a><o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="http://www.cpinsurance.com/NYC_Site/About_Us.php">Website</a><o:p></o:p></span></div>
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<i><br /></i></div>
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-57131627744260766242017-01-13T10:19:00.001-05:002017-01-13T10:24:07.138-05:00Timeline for Buying<div class="separator" style="clear: both; text-align: center;">
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguaIVF6WbpN-p1Eb3eJv_NMe0hy__KRjoPw9nCt3JiC4CfnqtAUKtzbtLdEnS44m8XkDzhBUu2UfV7dYAOc7OMql5beQSN_D9lheZjPkJYBS2i0_4WwrzYclydVlrRag4kmDUA_zyPojXx/s1600/2-Timeline-for-purchasing_2015-1.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em; text-align: center;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguaIVF6WbpN-p1Eb3eJv_NMe0hy__KRjoPw9nCt3JiC4CfnqtAUKtzbtLdEnS44m8XkDzhBUu2UfV7dYAOc7OMql5beQSN_D9lheZjPkJYBS2i0_4WwrzYclydVlrRag4kmDUA_zyPojXx/s1600/2-Timeline-for-purchasing_2015-1.png" /></a></div>
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<br />Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com4tag:blogger.com,1999:blog-8787765618395260501.post-49580675495250018382017-01-12T17:26:00.001-05:002017-02-20T21:07:44.038-05:00Insurance Broker<div class="MsoNormal" style="color: #4d5455; font-family: "Open Sans", sans-serif;">
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<span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;"><b><i><u><br /></u></i></b></span></div>
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<span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;"><b><i><u>Insurance Broker</u></i></b></span></div>
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<span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;"><b><i><u><br /></u></i></b></span></div>
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<i><span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;">Pamela Brenner<o:p></o:p></span></i></div>
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<i><span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;">Cohen Partners, LLC<o:p></o:p></span></i></div>
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<i><span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;">104 West 40th Street, Suite 1001<o:p></o:p></span></i></div>
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<i><span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;">New York, NY 10018<o:p></o:p></span></i></div>
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<span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;"><i>T - </i><i><a href="tel:212-661-0465%20x214" style="color: #4d5455; text-decoration: none;" target="_blank"><span style="color: windowtext; font-family: "open sans" , sans-serif "important";">212-661-0465 x 214</span></a><o:p></o:p></i></span></div>
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<i><span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;">M - <a href="tel:201-486-5629" style="color: #4d5455; text-decoration: none;" target="_blank"><span style="color: windowtext; font-family: "open sans" , sans-serif "important";">201-486-5629</span></a><o:p></o:p></span></i></div>
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<i><span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;">F - <a href="tel:212-661-0538" style="color: #4d5455; text-decoration: none;" target="_blank"><span style="color: windowtext; font-family: "open sans" , sans-serif "important";">212-661-0538</span></a><o:p></o:p></span></i></div>
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<i><span style="background-color: white; font-family: "arial" , "helvetica" , sans-serif;"><span style="color: blue;"><a href="mailto:pbrenner@cpinsurance.com"><u>pbrenner@cpinsurance.com</u></a></span><span style="color: #4d5455;"><o:p></o:p></span></span></i></div>
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<i><span style="background-color: white; color: #333333; font-family: "arial" , "helvetica" , sans-serif;"><a href="http://www.cpinsurance.com/NYC_Site/About_Us.php">Website</a></span></i></div>
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com116tag:blogger.com,1999:blog-8787765618395260501.post-82418058881761459412017-01-12T17:19:00.003-05:002017-02-23T10:23:28.379-05:00Attorneys<div class="MsoNormal">
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<div style="text-align: left;">
<b><i><span style="font-family: "arial" , "helvetica" , sans-serif;">Jonathon
S. Feinsilver</span></i></b><br />
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">Attorney-
at Law<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">Jonathon
S. Feinsilver, P.C. <o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">111
John Street<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">New
York, NY 10038<o:p></o:p></span></i></div>
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<i><span lang="ES-PE"><span style="font-family: "arial" , "helvetica" , sans-serif;">T - (212) 693-5806<o:p></o:p></span></span></i></div>
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<i><span lang="ES-PE"><span style="font-family: "arial" , "helvetica" , sans-serif;">F - (212) 330-8018<o:p></o:p></span></span></i></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><i><span style="color: #7030a0;"><span lang="ES-PE" style="color: #7030a0; mso-ansi-language: ES-PE;"><a href="mailto:jfeinsilver@jsfpc-law.com">jfeinsilver@jsfpc-law.com</a></span></span></i><i><span lang="ES-PE" style="color: #7030a0;"><o:p></o:p></span></i></span></div>
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<i><span lang="ES-PE" style="font-family: "arial" , "helvetica" , sans-serif; font-size: 10pt;"><a href="http://www.jsfpc-law.com/" target="_blank">Website</a></span></i></div>
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<b><i><span lang="DE-AT"><span style="font-family: "arial" , "helvetica" , sans-serif;">Neil B. Garfinkel, Esq.<o:p></o:p></span></span></i></b></div>
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<i><span lang="DE-AT"><span style="font-family: "arial" , "helvetica" , sans-serif;">Abrams Garfinkel Margolis Bergson<o:p></o:p></span></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">237 W 35th St, New York, NY 10001<o:p></o:p></span></i></div>
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<i><span lang="DE-AT"><span style="font-family: "arial" , "helvetica" , sans-serif;">T - 212-201-1173<o:p></o:p></span></span></i></div>
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<i><span lang="DE-AT"><span style="font-family: "arial" , "helvetica" , sans-serif;">M - 516-457-1963<o:p></o:p></span></span></i></div>
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<i><span lang="DE-AT"><span style="font-family: "arial" , "helvetica" , sans-serif;">F - 646-778-3710<o:p></o:p></span></span></i><br />
<i><span lang="DE-AT"><span style="font-family: "arial" , "helvetica" , sans-serif;">ngarfinkel@agmblaw.com</span></span></i><br />
<i><span lang="DE-AT"><span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="http://agmblaw.com/project/neil-garfinkel/">Website</a></span></span></i><br />
<br /></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><b><i>Alan
J. Perlowitz</i></b><i><br />
Chaves & Perlowitz LLP<o:p></o:p></i></span></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">111
John Street, Suite 312<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">New
York, NY 10038<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">Direct
Dial: <o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">Facsimile:
646.430.8459<o:p></o:p></span></i></div>
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<i><span style="color: #7030a0;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="mailto:al@ccp-law.com"><span style="color: #7030a0;">al@ccp-law.com</span></a><o:p></o:p></span></span></i></div>
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<b><i><span style="font-family: "arial" , "helvetica" , sans-serif;">Marcia
E. Fokas, Esq.<o:p></o:p></span></i></b></div>
<div class="MsoNormal">
<i><span style="font-family: "arial" , "helvetica" , sans-serif;">Real
Estate Attorney<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">the
MAHER group<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">370
Lexington Avenue, 24 Floor<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">NY,
NY 10017<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">212-732-9867<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">fax
212-732-2953<o:p></o:p></span></i></div>
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<i><span style="color: #7030a0;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="mailto:mefokas@worldnet.att.net"><span style="color: #7030a0;">mefokas@worldnet.att.net</span></a><o:p></o:p></span></span></i></div>
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<div class="MsoNormal">
<span style="font-family: "arial" , "helvetica" , sans-serif;"><b><i>Ross
M. Levine</i></b><i><span style="color: #7030a0;"><o:p></o:p></span></i></span></div>
<div class="MsoNormal">
<i><span style="font-family: "arial" , "helvetica" , sans-serif;">Schwartz, Levine & Kaplan, PLLC<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">880 Third Avenue, 13th Floor<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">New York, New York 10022<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">Phone: 212-752-3380<o:p></o:p></span></i></div>
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<i><span style="font-family: "arial" , "helvetica" , sans-serif;">Fax: 212-813-1454<o:p></o:p></span></i></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><i style="font-family: "Times New Roman";"><span style="color: #7030a0;"><a href="mailto:rlevine@slklawfirm.com"><span style="color: #7030a0;"><span style="font-family: "arial" , "helvetica" , sans-serif;">rlevine@slklawfirm.com</span></span></a></span></i></span><br />
<i style="font-family: arial, helvetica, sans-serif;"><span style="color: #7030a0;"><span style="color: #7030a0;"><a href="http://www.slklawfirm.com%0D/">www.slklawfirm.com</a></span></span></i><br />
<span style="font-family: "arial" , "helvetica" , sans-serif;"><i><span style="color: #7030a0;"><br /></span></i></span></div>
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-4856350017694128962017-01-12T17:18:00.001-05:002018-02-16T15:40:19.925-05:00Mortgage Brokers & Bankers<div class="MsoNormal">
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;"><b>Stephan Hagege</b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">Private Mortgage Banker<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;">Wells Fargo Home Mortgage <o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;">530 5th Avenue<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;">New York, NY 10036<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">T – (212) 805-1685<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">M – (914) 417-9001<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;"><a href="mailto:Stephan.A.Hagege@wellsfargo.com">Stephan.A.Hagege@wellsfargo.com</a><o:p></o:p></span></div>
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<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;"><b>Norman Calvo</b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">Division Senior Vice President<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;">Freedom Mortgage<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;">16 Court Street, 15th Floor<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">Brooklyn, NY 11241<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">O: (718) 210-1140<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;"><a href="mailto:Norman.Calvo@FreedomMortgage.com">Norman.Calvo@FreedomMortgage.com</a><o:p></o:p></span></div>
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<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;"><b>Jacqueline Frank</b><br />
VP of Mortgage Lending<br />
Guaranteed Rate<br />
750 Lexington Ave 4th Floor<br />
New York, NY 10022<br />
O: (212) 318-9412<br />
M: (917) 405-6661<br />
<a href="mailto:jacqueline.frank@rate.com">jacqueline.frank@rate.com</a></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;"><b>Bill Carmack</b><o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">PREMIER MORTGAGE CONSULTANT<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;">HSBC Bank USA- Mortgage Sales<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt;">25 Nugent Street<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">Southampton, NY 11968 NMLS#180709<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">M: 516-692-0340<o:p></o:p></span></div>
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;">F: 212-704-8433<o:p></o:p></span></div>
<br />
<div class="MsoNormal">
<span style="font-family: "candara" , sans-serif; font-size: 12pt;"><a href="mailto:william.r.carmack@us.hsbc.com">william.r.carmack@us.hsbc.com</a><o:p></o:p></span></div>
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com5tag:blogger.com,1999:blog-8787765618395260501.post-33410590583679096452017-01-09T15:49:00.001-05:002017-03-13T12:29:53.627-04:008 FAQ Buyers Ask Agents<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZvbsPZPlyAMM7tD8AaVgSs6Q4rAwW1yA-T-10cOS9H68GUAiFV38Ez-lcdUxfglBo4I02KwQuPOsaDxcpXxkU7TXgi_0MBuEXr-dF718nkjPSVILadkSRhhHnvXdTDy90B1u5vA8xSEBh/s1600/1.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"></a></div>
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<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;"><br /></span></b></div>
<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">Buying New York City real estate with a broker: 8
frequently asked questions</span></b></div>
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<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">1. How does working with a broker benefit you?<o:p></o:p></span></b></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">1) It saves
you time.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">2) It makes
you a more informed buyer.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">3) It makes
you more competitive in a tough sellers’ market.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;"><span style="font-weight: normal;">4) It helps
you navigate through the complicated process of acquiring a home in New York.</span><o:p></o:p></span></div>
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<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">2. Should you have one broker from each real estate
company so that you don't miss any properties?<o:p></o:p></span></b></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal;">The Corcoran Group
cooperates (co-brokes) with most of the other agencies, sponsors, and often
directly with the owners. One call to your broker can get you the information
you need on all the properties in which you are interested.</span></div>
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<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">3. But what about other companies' exclusives? How can I
see them through you if they are not your exclusives? <o:p></o:p></span></b></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal;">Corcoran is a full service company. We believe in giving
nothing less than complete service.</span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;"><span style="font-weight: normal;">An exclusive listing means
that the seller of the property is represented exclusively by his or her
selling broker. You as a buyer, represented by your Corcoran buyer’s broker,
can see that property. Your broker makes the arrangements to view it. Since
exclusive listings are co-broked, you will not be missing out.</span><o:p></o:p></span></div>
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<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">4. What about Sunday Open Houses?<o:p></o:p></span></b></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal;">A great way to see many
properties in one day is by going to Sunday open houses. (The downside is that
they are often crowded.) If you like looking on Sundays, and your broker is
unable to go with you, ask him or her to register you for the open houses you
wish to attend. When you sign in at each place, be sure to put down your name,
your broker’s name and your broker’s phone number. This way you will be
represented if you want to make an offer on any of the properties you have
seen.</span></div>
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<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">5. How do I know my broker isn’t going
to miss any properties?<o:p></o:p></span></b></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal;">Corcoran has one of the
largest data bases in New York, which is updated daily and includes properties
from many different realty firms. If you would like to be a part of the
searching process, tell your broker. He or she will be happy to work with you
as a team. You can go online to the various web sites, look in the newspaper
and in the real estate magazines, and compare notes with him or her. Call or
email your broker all of the listings you find online so he or she can research
them further and make appointments for you.</span></div>
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<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">6. If I am going to do the work, why do
I need a broker?<o:p></o:p></span></b></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal;">Your Corcoran broker has a
much more extensive and up-to-date data base than the public will find on
the You don’t have to. Sales commissions are paid by the seller, not the
buyer. When a property is co-brokered, the commission is shared between the
selling broker’s company and the buying broker’s company. There is no
additional out-of-pocket expense to you.</span><br />
<span style="font-family: "candara" , sans-serif;"><br /></span>
<span style="font-family: "candara" , sans-serif;">7. Buying a home is expensive; do I have to pay a broker fee?</span></div>
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<span style="font-weight: normal;"><span style="font-family: "candara" , sans-serif;">You don’t have to. Sales commissions are paid by the seller, not the buyer. When a property is co-brokered, the </span><span style="font-family: "candara" , sans-serif;">commission is shared between the selling broker’s company and the buying broker’s company. There is no additional out-of-pocket expense to you.</span></span></div>
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<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">8. Once I find the perfect apartment,
what do I do?<o:p></o:p></span></b></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal;">Finding your dream home is
the easy part. Once you are ready to make an offer, you will really begin to
depend on your broker. </span><span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal;">Your broker will be there to
advise you every step of the way to:</span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;"><br /></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">- Find the right mortgage
broker to arrange the necessary financing.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">- Put together a strong offer
package to be competitive in the market.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">- Negotiate the price and
terms of the sale.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">- Find the right attorney to
represent you.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">- Assemble the best possible
board package to qualify you for acceptance.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">- Coach you for the Board
interview.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;"><span style="font-weight: normal;">- Prepare you for your
closing.</span><o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;"><b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;"><br /></span></b></span>
<span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;"><b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">In return, we ask you to communicate with your broker to
create a loyal, trusting relationship.</span></b></span></div>
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<b><span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;">For this loyalty, you can expect your broker to be:<o:p></o:p></span></b></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal;"><br /></span>
<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal;">Knowledgeable . . . . . . .
. always abreast of the New York City Real Estate scene.</span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">Accessible . . . . . . . . .
. . . just a phone call away.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">Available . . . . . . . . .
. . . . ready to arrange showings around your schedule.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12pt; font-weight: normal; line-height: 107%;">Accountable . . . . . . . .
. . prompt and honest in all transactions.<o:p></o:p></span></div>
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<span style="font-family: "candara" , sans-serif; font-size: 12.0pt; line-height: 107%;"><span style="font-weight: normal;">Hard-working . . . . . . . .
. eager to search for properties until the right one is found</span><o:p></o:p></span></div>
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<b><span style="font-family: "candara" , sans-serif; line-height: 107%;"><span style="font-size: 12pt;">Buy with </span>Jeff<span style="font-size: 12pt;"> Nolan... it will be the best move
you make!<o:p></o:p></span></span></b></div>
</h4>
Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com7tag:blogger.com,1999:blog-8787765618395260501.post-78699632013781581452017-01-09T13:33:00.001-05:002017-01-09T13:33:07.366-05:00Closing Costs for Co-ops<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVUfhkOLrOTnS-ALoppcF9vySQ4rzhLoirzUlpR7t8RJWcgGjHHrDvqCxjFoAqEI6U94INgdNqYYN4wsdVq6zQ1ZWlt3TJkM5KZtKYY3lpnPq279gtJus3tjdS8fIdDdSimAmsXimNYzyv/s1600/2a---Closing-Costs-for-Co-op.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjVUfhkOLrOTnS-ALoppcF9vySQ4rzhLoirzUlpR7t8RJWcgGjHHrDvqCxjFoAqEI6U94INgdNqYYN4wsdVq6zQ1ZWlt3TJkM5KZtKYY3lpnPq279gtJus3tjdS8fIdDdSimAmsXimNYzyv/s1600/2a---Closing-Costs-for-Co-op.jpg" /></a></div>
<br />Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-69540076255193176292017-01-09T13:31:00.000-05:002017-01-09T13:31:15.194-05:00Closing Costs For Condos/Townhouses<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGdDgCKPXRhcM-IelO-wcff4X-gCOCPejZaTI7Wvn2lgN8RCTlcBToSR_ge6PbD2KCF0HFgiF3zBZs0mNeeCVqcrj0KhRUBlRfrV4d_O3VxhweNFsVnDuuYKHet4K9do1GTXsSkzK_tYkg/s1600/2b---Closing-Costs-for-Condos-Townhouses.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgGdDgCKPXRhcM-IelO-wcff4X-gCOCPejZaTI7Wvn2lgN8RCTlcBToSR_ge6PbD2KCF0HFgiF3zBZs0mNeeCVqcrj0KhRUBlRfrV4d_O3VxhweNFsVnDuuYKHet4K9do1GTXsSkzK_tYkg/s1600/2b---Closing-Costs-for-Condos-Townhouses.jpg" /></a></div>
<br />Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-43125791749264791862017-01-09T13:14:00.001-05:002017-01-09T13:14:13.180-05:00Types of Home Ownership in NYC<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1Ei6CaqjcHS1iYA1EXnfUZgBtpWA8PjITTCGC9HPXpNXpPZ4jg6rz9D2LrXFIg9yrrvQ2JhR-dB136wZhuOULhXC1PvhbSBc3X7caVEaXAkitl3KxkEokOcnSvKJ3LE61YPVEjKI7Cv6E/s1600/Types-of-Home-Ownership.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi1Ei6CaqjcHS1iYA1EXnfUZgBtpWA8PjITTCGC9HPXpNXpPZ4jg6rz9D2LrXFIg9yrrvQ2JhR-dB136wZhuOULhXC1PvhbSBc3X7caVEaXAkitl3KxkEokOcnSvKJ3LE61YPVEjKI7Cv6E/s1600/Types-of-Home-Ownership.jpg" /></a></div>
<br />Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com0tag:blogger.com,1999:blog-8787765618395260501.post-65887483210530789012017-01-05T11:53:00.000-05:002017-01-05T11:53:34.552-05:00Rising Rates and Buyers' Purchasing Power<div class="MsoNormal">
<span style="font-size: 12pt;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><br /></span></span></div>
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<span style="font-size: 12pt;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Over
the Holiday I was enthralled by a classic work of cinematic art- It’s a
Wonderful Life by Frank Capra The protagonist George Bailey, played by James
Steward, sacrifices his plans of exploring the world to take over the family
business. George takes his late father’s position at the Bailey Brothers'
Building and Loan, a longtime competitor to a ruthlessly financial shark
Mr. <a href="https://en.wikipedia.org/wiki/Mr._Potter" title="Mr. Potter"><span style="color: windowtext; text-decoration: none; text-underline: none;">Henry F.
Potter</span></a>, the local banker and the richest man in Bedford Falls. In
the spirit of free market capitalism George is determined to keep the Bailey
Brother’ Building and Loan business alive.<o:p></o:p></span></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh2VL3uh_1jO8HnFSRueXunWZqZ5XEI5VxagQxFOKWUHzF3vBXtMZKVFaRDa2Bg7IVZLpCKl1L3EQ4tDLCnJW63IvQYlow5aGM8Jjo-jlZOTlo7NKHTHq5qFWF2KG8iY4sxJNiaNPO1OJWQ/s1600/wonderful+life.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="425" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh2VL3uh_1jO8HnFSRueXunWZqZ5XEI5VxagQxFOKWUHzF3vBXtMZKVFaRDa2Bg7IVZLpCKl1L3EQ4tDLCnJW63IvQYlow5aGM8Jjo-jlZOTlo7NKHTHq5qFWF2KG8iY4sxJNiaNPO1OJWQ/s640/wonderful+life.jpg" width="640" /></a></span></div>
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<span style="font-family: arial, helvetica, sans-serif; font-size: xx-small;">Source: </span><span style="font-family: arial, helvetica, sans-serif; font-size: xx-small;">https://www.theatlantic.com/business/archive/2016/12/its-a-wonderful-life-banking/511592/</span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: xx-small;"><span style="font-size: x-small;"><br /></span></span></div>
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<span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">A
shocking comparison to today’s banking system, George Bailey often personally
knew the loan recipients, offers the working middle class a fair interest rate,
and rarely sought out to profit in excess of a high yielding return. Not much
of a business man in today’s world-George Bailey would never make it on Wall
Street. A long gone era in American both in social customs, and home loan
rates. According to It’s a Wonderful Life, George Bailey was giving out loans
to build a brand new house was and the amount? - $5,000!</span></div>
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<tr><td style="text-align: left;"><img border="0" height="360" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh1b2eRJdu8gG-cgDJtUbWnX3yT1I1dt4aEblFmPLCQG0JTHZ3KO8eYA6_Cf3fgaire0REtHmW5uajD7iWxanPtoF-JrY0IqHtJH4H4V83ByNn1bKU68M-l26U-ZN7JlbVYjAIDdEkAEgKr/s640/Effect-Of-Rising-Rates-On-Buying-Power.jpg" style="margin-left: auto; margin-right: auto;" width="640" /></td></tr>
<tr><td class="tr-caption" style="text-align: center;"><div style="text-align: center;">
<span style="color: black; font-family: arial, helvetica, sans-serif; font-size: xx-small; font-weight: normal;"><span style="font-size: xx-small;">http://themortgagereports.com/21682/how-mortgage-rates-affect-buying-powe</span><span style="font-size: xx-small;">r</span></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><span style="font-size: 12pt;"></span></span></span></div>
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<b style="font-size: medium;"><i><span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">FUN FACT: </span></i></b><b style="font-size: medium;"><i><span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">Did you know, for every 1% the interest rates increase, a buyer pays an additional $58 per month on every $100,000 they borrow (3.5% – 4.5%)</span></i></b><br />
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<span style="font-family: arial, helvetica, sans-serif; font-size: 12pt;">Rates
have risen, Banks may not give us $1M+ loans solely on a handshake but none the
less this month, I decided to outline what today’s market means for investors,
buyers, and homeowners in New York.</span></div>
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<span style="font-size: 12pt;"><span style="font-family: "arial" , "helvetica" , sans-serif;">In
applying for a loan, lenders/banks often qualify buyers using an Debt to Income
(DTI) ratio. You’re debt including your new mortgage, common charges and taxes
plus such liabilities as credit cards, student loans and revolving credit,
collectively cannot exceed 45% of your income. The bank needs to insure your
income can offset your debt obligation.<o:p></o:p></span></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif;">To determine your DTI, add your total monthly debt obligations including the following items:</span></div>
<ul style="margin-top: 0in;" type="disc">
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Car loans and leases</span> </li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Student loans</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Installment loans</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Alimony or child support</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Credit card minimum payments</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Projected mortgage payment</span></li>
<li><span style="font-family: "arial" , "helvetica" , sans-serif;">Common charges, taxes and insurance</span></li>
</ul>
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<span style="font-family: arial, helvetica, sans-serif;">In order to determine DTI, divide your total future debt obligation by your monthly gross income[1]. As an agent, we assist in evaluating your DTI to qualify you for a co-op or condo. </span></div>
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<b><i><span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">FUN FACT: </span></i></b><b><i><span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">Did you know Co-Op Buildings look for typically 28% DTI or less, whereas Condo Buildings follow lending guidelines of 40%-45%.</span></i></b></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">Sources:<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">[1]. http://themortgagereports.com/21682/how-mortgage-rates-affect-buying-power<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">[2]. http://www.realtor.com/news/trends/top-real-estate-trends-2017/<o:p></o:p></span></div>
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<span style="font-family: "arial" , "helvetica" , sans-serif; font-size: x-small;">[3].
https://www.theatlantic.com/business/archive/2016/12/its-a-wonderful-life-banking/511592/<o:p></o:p></span></div>
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Jeff Nolanhttp://www.blogger.com/profile/02459281170369676673noreply@blogger.com12