Posts

Showing posts from May, 2019

Rosario Candela-designed $52M Huge Triplex; $5.7M Lee Radziwill's UES Home; $45M Penthouse with Wraparound Terrace; Fun Things for Kids; Manhattanhenge 2019; Curbed Guide to the Hamptons & to MTA's OMNY

Image
Lee Radziwill’s longtime Upper East Side home lists for $5.7M The apartment is the only unit on the building's 15th floor, and has the sort of gracious layout you’d expect from a stately Upper East Side co-op. For $52M, a huge triplex in a Rosario Candela-designed Upper East Side co-op Apartments at 990 Fifth Avenue, a grand, Rosario Candela-designed co-op building, don’t come up for sale very often.

The 35 best things to do in New York City with kids The top spots for families in the Big Apple

The Curbed guide to the Hamptons

Image
The Curbed guide to the Hamptons In the East End, go beyond the beaches and nightclubs (but we have you covered there too)
Which Hamptons town should you visit? How to make sense of the East End’s many villages and hamlets

Legal Line Question of the Week: Tenancy by the Entirety, Co-op Stock Certificates and January 1, 1996

Image
Legal Line Question of 
the Week: Tenancy by 
the Entirety, Co-op 
Stock Certificates 
and January 1, 1996

Q: What is a Tenancy by the Entirety and what is the relevance of
January 1, 1996 as it relates to co-op stock certificates?

A: A Tenancy by the Entirety ("TBTE") is a form of 
ownership of real property that is only available for 
married spouses. In a TBTE, married couples are 
viewed as a single person to whom title to real 
property is vested, and each spouse owns an 
undivided 100% interest in the property. Each spouse 
in a TBTE has a right of survivorship, which means 
that upon the death of one spouse, the surviving 
spouse becomes the sole owner of the property 
by operation of law.
Technically speaking, a co-op purchase is a securities transaction 
rather than a real estate purchase, and therefore, a TBTE was not 
always available to married couples purchasing co-ops. However, 
on January 1, 1996 (the "Effective Date"), the New York Estate 
Power and Trust Law (the &quo…

Lee Rasziwill' $5,7M UES Home / The $52M Triplex Rosario Candela-designed UES Coop / Closing of Essex Street Market / UES to Astoria Ferry / Billionaire's Row's Condos Opportunity

Image
Lee Radziwill’s longtime Upper East Side home lists for $5.7M The apartment is the only unit on the building's 15th floor, and has the sort of gracious layout you’d expect from a stately Upper East Side co-op.
For $52M, a huge triplex in a Rosario Candela-designed Upper East Side co-op Apartments at 990 Fifth Avenue, a grand, Rosario Candela-designed co-op building, don’t come up for sale very often. For $695K, a charming Midtown East co-op near Sutton Place The 785-square-foot space is big and bright, with plenty of charming decorative details, including a fireplace and built-in bookshelves.