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Top 5 Reasons Why Great Lighting is Crucial for Selling Your Home
In the competitive New York City real estate market, small details can make a significant difference. Among these, lighting stands out as a powerful tool for making a home look brighter, larger, and more inviting to potential buyers. If you’re planning to sell your home in New York, upgrading the lighting can maximize appeal and increase its perceived value. Here’s why quality lighting is essential for attracting NYC homebuyers and how it can help you sell faster and potentially at a higher price.
Q3 2024 Manhattan & Brooklyn Market Update!
Manhattan’s residential real estate market showed resilience, even as the anticipation of lower mortgage rates temporarily held back some buyers for most of the quarter. When mortgage rates finally began to fall, reaching their lowest level in 1.5 years, buyers responded positively but overall contracts signed remained close to levels seen this time last year.
The Impact of Local Zoning Laws in Manhattan
Manhattan, the beating heart of New York City, is renowned for its towering skyline, bustling streets, and rich cultural diversity. Beneath the surface of its iconic buildings and vibrant neighborhoods lies a network of local zoning laws that shape every corner of the borough. These laws dictate how land is used, what can be built, and even influence the character of neighborhoods. From affordable housing developments to the expansion of commercial districts, zoning laws play a pivotal role in determining the city's growth and evolution.
What is a Third-Party Guarantor?
Finding an apartment in Manhattan can be a challenge, especially with the high rent prices and stringent requirements that landlords often impose. For many renters, securing a lease isn’t just about having a stable income and a good credit score—it often requires the support of a third-party guarantor. In this blog, we’ll delve into what third-party guarantors are, why they are widely used in Manhattan, and how they can help you secure the apartment you want.
Top 5 Exciting New Developments in Brooklyn!
Brooklyn, New York, known for its unique blend of culture, history, and modern living, is experiencing a remarkable wave of new developments. With major projects in residential, commercial, and community spaces, Brooklyn is set to become an even more vibrant and thriving part of NYC. Here’s a detailed look at the most exciting developments currently transforming this dynamic borough.
Top 5 Reasons You Should Invest in New York Real Estate If You Live in Korea!
Real estate investment is a time-tested strategy for building wealth and diversifying investment portfolios. While local markets provide convenience, international real estate investments, particularly in bustling global cities like New York, offer distinct advantages. For South Koreans, New York City presents a lucrative opportunity due to its dynamic market, robust economic environment, and cultural connections. Here are the top five reasons why South Koreans should consider investing in New York real estate.
New Developments / Condos vs. Co-ops: Which is Right for You?
Choosing between new developments/condos and co-ops in Manhattan depends on your personal preferences and priorities. New developments/condos offer modern luxury, flexibility, and state-of-the-art amenities, appealing to buyers seeking contemporary living, albeit at a higher cost. In contrast, co-ops provide classic charm, a strong sense of community, and lower purchase prices, making them ideal for those who value tradition and connection.
How To Price the Priceless Features of Pre-War Buildings!
How to value the price of priceless features found in pre-war buildings? The construction time span for these iconic buildings is usually defined as 1900 to 1939, but apartments dating back to the 1880s are often included in the prewar category.
Co-op/Condo vs. Townhouse
When buying a home in the city, luxury buyers often choose between a co-op/condo and a townhouse, each with unique benefits. NYC consists of 98% co-ops/condos and only 2% townhouses, influencing decision-making. This blog post will explore the key differences to help you decide. Co-ops and condos offer various amenities and a sense of community. In a co-op, buyers purchase shares in a corporation that owns the building, granting them a lease for their unit. Condo owners own their individual units and share common areas with other owners.
1Q 2024 Manhattan & Brooklyn Market Update!
In the first quarter we saw signs of improvement in both the Manhattan and Brooklyn markets, but the long-awaited interest rate decreases have yet to make their highly anticipated debut.
Is Murray Hill the Next Hot Neighborhood?!
Murray Hill is a Manhattan neighborhood gem hiding in plain sight. I love it for its location + value—it is really easy to get anywhere in Manhattan because of its proximity to Grand Central—the 4/5/6 and 7 trains can transport you uptown, downtown and crosstown in a flash!
How to Choose a Buyer’s Agent!
You are about to embark on what is likely the biggest purchase you have ever made and one that has probably entailed some serious frugality on your part, to save that 20% downpayment. A consummate professional who is there to protect your interests is an absolute necessity. In order to make sure you have the right person on your side requires some effort on your part.
Work with us.
sevierteam@compass.com
(917) 991-5386
110 Fifth Ave, 3rd Floor
New York, NY 10011