Real Estate

Q: Is now the time to move out to the country?

If you’ve always wanted a second home, New York real estate attorneys are seeing more clients taking the plunge now, no doubt in response to the coronavirus pandemic radically changing people’s work and personal goals.

Living in the former epicenter of the COVID-19 pandemic in the USA, many New York City residents dealt with the stresses of being locked down for most of 2020--often in very tight quarters—and of knowing people who came down with or succumbed to the virus. If ever there was reason—and the time—to re-evaluate one’s life plan, the quarantine months were it.

Q: How has COVID-19 affected rentals in the New York City area?

New York and New Jersey real estate attorneys expected the coronavirus quarantines to impact the New York City rental market. Now, several months after the lockdowns began, reports are indicating just how significant the impact has been so far.

If you’re considering

It is no secret that the COVID-19 pandemic has sent the U.S. economy through a major loop. With businesses closed and restricted and the major uncertainty of the moment, the economy has not fared well. In the midst of the economic downturn, mortgages interest rates have dropped to historic lows.

Q: How has COVID-19 affected rentals in the New York City area?

New York and New Jersey real estate attorneys expected the coronavirus quarantines to impact the New York City rental market. Now, several months after the lockdowns began, reports are indicating just how significant the impact has been so far.

If you’re considering

If you have never bought a house or other real property in the state of New York, you might not realize that it is illegal for your real estate agent or broker to prepare the sales contract or provide any legal advice about the agreement. While it is standard practice for the agent or broker to draft the sales contract in some other states, New York law requires the buyer or seller (or their attorney) to write the agreement.

A New York real estate attorney can help you if you are wondering whether you really need an attorney to buy a house.

Lending money to a family member could be a beneficial thing, or it could harm your relationship with that person for many years. The odds are that the relationship will get damaged permanently. Some financial experts advise that you should only lend money to a relative if you are willing to sue that person. While that guidance might sound harsh, you should protect yourself from adverse tax consequences and losing the money forever.

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Q: Can tenants in New York City defer rent payments due to coronavirus layoffs?

The global pandemic surrounding the coronavirus (or COVID-19) is expected to deal a large blow to the economy as staggering numbers of Americans are losing their jobs and countless businesses are threatened by losses caused by the prolonged government lockdowns. Heavily-populated New York City -- as the epicenter of America’s COVID-19 cases--may be particularly hard-hit.

New York and New Jersey real estate attorneys who work with landlords and tenants are bracing for an anticipated uptick in litigation--especially over tenants falling behind in their rent-- if unemployment rates and the general economy don’t turn around quickly.
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Q: Can I still sell my house during the coronavirus pandemic?

If you are considering selling your home in New York or New Jersey, you might wonder what the coronavirus, or COVID-19, pandemic might do to those plans.

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Q: Do all home upgrades increase its market value?

If you are considering selling a home in Staten Island or New Jersey, you may be wondering what needs to be addressed in order to maximize your selling price. In general, fresh paint and new flooring goes a long way in sprucing up the interior, as clean landscaping and plantings enhance curb appeal. But not every dollar spent on home improvement projects will generate a worthwhile return on the investment.
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Before accepting a deed to real estate in New York, it is best to consult a New York real estate attorney. For many people, real estate is the most valuable asset they own. Before investing in real estate, it is wise to ensure that you are receiving good and marketable title.
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Q: Is it a good time to rent retail store space in New York City?

New York and New Jersey real estate attorneys have noticed a recent boom in the opening of new brick and mortar stores throughout New York City.

What is driving the increase of new stores opening throughout New York City?

Lower rents for one thing. Multiple Read more . . .