Real Estate

“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.

Read more . . .

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.

Read more . . .

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
Read more . . .

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.

Read more . . .

Staten Island real estate attorneys and locals would not likely be surprised to learn that Staten Island was included on a recent list of the 2019 hottest New York City neighborhoods.

An online real estate platform known as Localize.city put the St.

Read more . . .

How can buyers and sellers protect themselves when transacting through new technology?

A new blockchain-based app aims to revolutionize the ways in which buyers and sellers transact in real estate.  The New York based app is called ShelterZoom and it is set to launch in 2019. The app is intended to bring a new ease to real estate transactions, making buying or selling a home as easy as pushing a button.  Through the app, buyers and sellers, along with their real estate agents, can view offers and acceptances in real time. Vital information like home inspection documents, property titles, and the like will be visible to all parties through the blockchain ledger.
Read more . . .

Q: What do I need to know about buying a home?

Have you been dreaming of buying a home in Staten Island or somewhere else in or near New York City?

Well, it pays to educate yourself before embarking on your search or dropping a large down-payment by following an experienced real estate attorney’s 7-Step “Real Estate Purchase Roadmap”:

Read more . . .

Q: Why do many millennial homeowners regret buying their first home?

Whether it’s because many came of age during tough economic times, or because their generation is burdened with staggering student loan debt, Millennials have postponed buying a first home much longer than their parents and grandparents before them. And according to a recent survey, approximately “70% of millennial homeowners regret their purchase”.

In examining the many reasons given for their “buyer’s remorse”, several points have to do with a lack of real estate education and/or them relying on information from agents who may have been more interested in pushing the deal into contract (and earning a commission) than in whether the particular property was the right fit for the young, new buyers.

Read more . . .

Is it lawful to rent a space for a marijuana business?

New York may be the next state to legalize the use of recreational marijuana. Governor Cuomo issued a directive several months ago to study the potential impact of a regulated marijuana program, and just recently the New York State Department of Health Commissioner indicated that it will recommend legalizing the use of marijuana in its report to the state. Should New York authorize the use of marijuana in the state, many industries will be impacted.

Read more . . .

Q: Is it a good time to buy or sell real estate on Staten Island?

Buying a home on Staten Island is likely the biggest transaction most people make in their lifetime, so hiring an experienced Staten Island real estate attorney to protect you and your investment is both smart and necessary. In fact, seeking legal guidance before or during the house-hunting phase can help avoid costly mistakes or delays later on. It can also save you money by giving you information to negotiate a better sales price and terms.

Read more . . .