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Residential Real Estate Archives

Tentative deal reached on renewing New York's 421-a program

Earlier this month, New York City construction unions and the Real Estate Board of New York reached a tentative agreement to renew a tax credit program aimed at incentivizing builders to provide affordable housing in the city. The 421-a program, which expired last year, gives developers tax credits for constructing affordable housing in certain neighborhoods. After the program expired, development throughout the boroughs fell significantly.

Are there risks to infusing your properties with aromas?

Most New Yorkers enjoy transitioning from the smells of the city as they enter office and residential buildings, hotels and restaurants. To make that experience even more pleasant, many upscale condominiums and apartment buildings have partnering with companies that provide fragrances to infuse lobbies, fitness centers and even hallways. They're often brought in through the building's ducts. They see it not only as a perk for residents, but as a way to stand out in Manhattan's competitive real estate market.

Campaign blunders create real estate woes for Trump

Donald Trump's controversial campaign for the presidency has hurt his brand as a real estate mogul and businessman. It has impacted the New York real estate market, where he made his name. There's empirical evidence that the values of his condominiums and other products that bear his name and even that of his daughter Ivanka are in decline.

Advice for dog owners looking for a New York City apartment

Apartments and other rental properties in New York City have become more receptive to residents with pets than they were in the past. However, for dog owners in particular, searching for a place that will accept your four-legged family member can still be a challenge. This is particularly true for people with larger dogs and breeds like pit bulls who are (often unfairly) deemed to be dangerous.

You don’t have to fight mold battles alone

We don't offer services that can expunge mold from your home or treat respiratory infections that come about because of mold in your building. We do, however, work with you to fight legal and financial battles that can happen because of mold.

Shopping for your dream home? Keep these three risks in mind.

Purchasing residential real estate is an investment. This is true even when you plan to use the property as your dream home. As a result, it is wise to look at the transaction as an investment. When making an investment, it is important to review both the risks and benefits of the purchase. When it comes to purchasing residential real estate, three of the most common risks to assess include:

Settlement reached over Section 8 housing discrimination

New Yok Attorney General Eric Shneiderman has reached a deal with three real estate companies in the state that have been charged with denying apartments to people because they were receiving public housing assistance. The three firms, Crifasi Real Estate, Douglas Elliman Real Estate and Empire State Equities, market and manage hundreds of apartments in New York City as well as in Westchester and Nassau counties.

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