Real Estate

Q: Where can I find an affordable house or apartment in New Jersey, but close to Manhattan?

Whether you work in New York City or would just love to live nearby so you can easily visit more often, buying a home in the city can be challenging. For that reason, New York real estate attorneys often help clients, who can’t afford to purchase a home in Manhattan, with leases for apartments in and around the Big Apple.

New York and New Jersey real estate attorneys have found that in recent years clients have looked for homes in Staten Island and other boroughs--as well as New Jersey neighborhoods near Manhattan.
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Q: Is it advisable to buy a vacation home while still on vacation?

If you’re fortunate enough to be able to afford buying a home in New York City or New Jersey, chances are you might have the funds needed to take a nice vacation once in a while. It’s probably not a stretch to say that while you’re away having the time of your life, you might discuss buying a vacation home in that idyllic location. On impulse, you might even see a real estate broker before you return home.

New York and New Jersey real estate attorneys often hear from clients who just enjoyed a wonderful vacation and –  high off the amazing experience – impulsively want to buy a second home at the vacation destination. 

Making a major real estate decision when you’re on vacation is a bad idea.

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Q: Why aren’t millennials buying homes?

While New York and New Jersey real estate attorneys enjoy helping clients-- especially first-time homebuyers—to buy a home, there is a noticeable decrease in the number of young faces coming through the door.

The percentage of so-called millennials – – people between roughly the ages of 22 and 37 – – who are buying homes has hit its lowest rate compared to the generations that came before them. In fact, as of the end of 2018, it was estimated that only 1 out of 3 millennials under the age of 35 were homeowners.

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Q: How do the new rent laws affect tenants and landlords?

Buying a home in Staten Island, or anywhere else in New York City, might be out of reach for some people, but being a tenant is looking brighter—in the city and throughout the state.

Our Read more . . .

Q: What Is the Most Common Regret of a First-Time Homebuyer?

Buying a home in New York City or New Jersey is a dream for many Americans. When compared to the rest of the nation, the value of real estate in these highly-desirable areas can set couples and individuals back a pretty penny. Because the prices for even a modest starter home can be steep, newbie buyers may overextend themselves just to get into something decent.
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Q: Is Co-Living the future of housing in New York City?

If you’ve ever dreamt of buying a home in New York City, you’re in good company. Unfortunately, trying to own a piece of real estate in one of the most desirable locations in the country can be an expensive proposition-- especially for the under 30 crowd. 

In general, what young millennials may be lacking in funds, they make up for in trailblazing.
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“I’ll make him an offer he can’t refuse”. Sometimes, all it takes is one line and people can guess what movie it came from. This easily recognizable quote is from the iconic movie “The Godfather”. It’s part of a conversation between actors Marlon Brando, as Vito Corleone, and Al Pacino as his son, Michael Corleone. 

But do you know how this movie—and this line—is connected to Read more . . .

When people think of buying or selling real estate in New York City, they may think of existing houses, co-ops and condos in Staten Island and the other boroughs. 

In a New York or New Jersey residential real estate transaction, the property owner is selling the property to a buyer who has likely fallen in love with the place. It could be the price, neighborhood, location, or any combination of factors that drew the buyer to offer to buy the premises.

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New York and New Jersey real estate attorneys know that buying a home is one of the biggest purchases in your life. As such, the process can be understandably overwhelming. 

If you’re buying home on Staten Island, or in the New York City or New Jersey area, you need an attorney that simplifies and streamlines the process as much as possible.

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If you’re considering buying a home in New York City, you’re probably excited and might even be a little bit nervous about the whole process, especially if you’re a first-time buyer.

With some exceptions, real estate transactions proceed on a predictable course. In fact, it’s predictable enough that
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How might investors or homebuyers benefit from a cooling real estate market?

New York City’s once booming and seemingly unstoppable real estate market appears to have entered a cool down.  A report recently issued by Warburg Realty reveals that real estate prices have fallen between 10 and 20 percent since their peak in 2015.  Since the fall of 2018, sellers have been cutting prices and accepting lower offers in order to move their inventory.  Along with sagging real estate prices and higher inventories, rent prices have also decreased across the board.  Even in the in-demand neighborhood of Brooklyn, rents are down year over year.

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