Helpful COVID-19 resources for you

Numbers Are In, Here’s Your Q2 Breakdown

By Robert Varvara, The Steven Cohen Team at Corcoran Manhattan’s challenging real estate market welcomed reassuring news in Second Quarter 2019. Market-wide sales increased year-over-year for the first time in two years, up 5% annually to over 3,300 sales totaling $7 billion, about $1 billion more sold than last year. However, this information can be misleading as this increase in closed sales is due to two main reasons:  New Development Closings–  Q2 sales mainly increased due to an 82% spike in new…

Helpful Tips for Purchasing the Perfect Vacation Home for Retirement

Making the leap and purchasing a vacation home is an exciting experience. It means you can visit your favorite travel destination without paying for impersonal hotels or booking accommodation months in advance. But before you settle on your dream home, make sure that it meets the needs of your family and fits your budget. Avoid Common Mistakes People who purchase a vacation home on a whim are likely to make a few mistakes. According to MarketWatch, people often put too…

Apartment Buildings or Privately Owned Apartments?

The Pros and Cons of large versus small apartment buildings. When choosing your apartment, it’s essential to consider more than just the interior. What kind of apartment buildings you lease from matters too, and there are many different kinds of landlord tenant arrangements. The two primary kinds of apartment buildings in New York are either large apartment buildings, or those in private homes. Amazing apartments can come in either type of building. The lovely garden apartments of Cobble Hill and…

Why maintenance charges always go up and service doesn’t

Like death and taxes, maintenance fee increases are one of the sure things in life A New York City co-op owner recently said writing a maintenance check was like going to the dentist. It’s always painful but can’t be avoided. Maintenance fees, unlike most mortgage payments, which are fixed and do not increase over the period of the loan, almost always increase from year to year. This wouldn’t be so bad if service improved – better heating system, 24-hour doormen,…