Showing posts from January, 2020

NYC'S 25 Most Expensive Homes For Sale / Great things in NYC in 2019 / Hot properties / Ice Skating Rinks / Public Art Installations / Kids Fun...

NYC’s 25 most expensive homes for sale See the blockbuster homes currently on the market in New York City 13 good things that happened in NYC in 2019 There were reasons to be cheerful in 2019 Opulent Upper East Side mansion once listed for $114M, now wants $79M The home first hit the market five years ago with a jaw-dropping price tag Historic Upper West Side townhouse seeks $7.5M It’s kept a lot of its interior old-world details The best ice skating rinks in New York City The time to bust out your best  Blades of Glory  moves is here Angular Greenwich Village townhouse on infamous site wants $21M The house on West 11th Street sits on the site of an accidental 1970 bombing New York’s best public art installations this season Get outside to check out some of the best art in New York City Graceful Greenwich Village loft in historic cast-iron b

Downtown Brooklyn's Wild R.E. Boom / Hot Brooklyn Townhouses and Lofts / Williamsburg Rents Soar / "Gowanus Green" Development

Downtown Brooklyn’s wild development boom, mapped The transit-rich neighborhood is in the middle of a building boom Charming Fort Greene townhouse wants $3.5M after modern revamp The house, which dates back to the 19th century, was recently gutted Lively Brooklyn Heights loft in historic building seeks $2.6M It has nine-foot windows and plenty of details that allude to the landmarked structure’s past Charming Fort Greene townhouse wants $3.5M after modern revamp The house, which dates back to the 19th century, was recently gutted Williamsburg rents soar one year after L train shutdown switch Rents in the Brooklyn neighborhood have reached a new record high Bjarke Ingels designs new master plan for Williamsburg waterfront development The plan, developed by Two Trees Management, calls for a James Corner Field Operations-designed, six-acre public park and two mixed-use towers The best i

The NYC Real Estate Purchase Process Explained: OFFER TO PURCHASE - Client question about moving forward with an offer

Client question about moving forward with an offer: Good morning, Mr Hong. In order to proceed, you have to prepare and present your financial statement to the sellers, for your offer to be accepted.  Then, after the offer is accepted, the terms of the offer are sent to the Sellers attorney who prepares the contract of sale, so it can be sent out to your attorney.  In NYC, you must have legal representation by an attorney, who will review the contract for you to make sure there are no issues or legal traps for you, the buyer, and also to review the building financials and legal docs to make sure the building ( coop) and the unit itself are sound and safe for your purchase.  I have names of fantastic and reasonable attorneys for you.  We can certainly ask for a closing date that works for you and your father, and the contract would reflect that.  After the contract is fully signed ( by you, the buyer, and then, by the sellers) we have to prepare a purchase app