Buying in NYC

Legislators in Albany, New York have recently been working on ‘Good Cause Eviction’ legislation (Senate Bill S2892B) which, if passed into law, would cap annual rent increases in NYC to 3% for all apartment types (including market rate units) and [...]

At Hauseit, we fully realize that it's not possible for many buyers and sellers to simply put a hold on their lives due to the Coronavirus crisis, and that showings and open houses will need to continue to be held.

A classic six is a pre-war apartment with six main rooms including a master bedroom, a second bedroom, a living room, a kitchen, a dining room and a smaller's maid's bedroom. Classic 6 apartments are relatively rare, and can be

Real estate brokerages generally never hire real estate agents as employees because of the extremely onerous process and additional cost involved with hiring an employee vs an independent contractor. Furthermore, federal and state legislatures both recognize the unique nature of

The wet-over-dry rule prevents apartment owners from moving wet spaces such as bathrooms and kitchens over dry spaces such as living rooms on floors below. The rule helps prevent water damage as well as mitigate water damage when leaks do

Buying a former Mitchell-Lama co-op that has since been privatized is typically no harder than buying a normal co-op apartment, with the exception that you should take special care to make sure that any special flip taxes levied against pre-privatization

Most co-op buildings in NYC raise their monthly maintenance fees by 3% to 5% per year which is in line with general inflation as well as annual increases in NYC real estate taxes. Unlike for condos, co-op buildings pay real

While there are many different types of apartment amenities in NYC for buyers to choose from, there are a few key amenities that everyone seems to ask for. In order of importance, these include: in-unit washer dryer, elevator, doorman, outdoor