Homes in New York and other parts of the United States are selling like hotcakes these days. In fact, research shows that, on average, they sold in only 54 days. In addition, the median listing price in residential real estate transactions was $299,000. The high...
Sound Legal Advice And Representation For Clients Throughout New York
Month: June 2018
Real estate transactions involving leases can be dramatic in NYC
The commercial property landscape in New York will soon become livelier. After all, a live theater studio recently signed a lease that is set to last 15 years off of Broadway. This is one of the most dramatic real estate transactions involving leases to occur recently...
Can your mortgage preapproval amount change?
When lenders preapprove you for a mortgage, they draw upon factors such as your credit score, income and expenses to determine the amount you qualify for. However, a situation that pops up for some buyers right before closing is this: The preapproval amount does not...
Life science companies may complete more real estate transactions
Commercial space spanning nearly two million square feet in New York City is currently dedicated to the life science field, and all of this space is occupied. This is a sign that this industry is growing quickly in the Big Apple. In fact, New York is bracing itself...
New York real estate transactions may involve office condos
An office condominium was recently sold in New York City for $596 million. Apparently, Wells Fargo lent a total of $345 million to finance this real estate acquisition. These types of commercial real estate transactions can easily be lucrative for sellers in the short...