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CONDO vs COOP

One of the most popular topics that come up during my conversations with first-time home buyers looking for an apartment in New York is Co-op vs. Condo.  Unlike everywhere else in the US co-ops constitute the majority of apartments in NYC.   Around 70% of all residential buildings are co-ops, while condos constitute the majority of apartments built...

Things to Consider Before Signing A Commercial Lease in NYC

If you are a new business owner who is taking the important step of leasing your first commercial space, you should be aware that commercial leases are subject to some unique considerations that would not necessarily apply to residential leases, such as an apartment lease. In many jurisdictions, commercial tenants are not guaranteed the same rights...

What Are the Three Different Types of Property Law?

Property law in the United States is complex and multifaceted, but these laws pertain specifically to three distinct types of property. Both state and federal laws exist to protect real property, personal property, and intellectual property. It’s vital to understand the property laws that pertain to the type of property in question in your current case....

Why Is Property Law Important?

Property law, or real estate law, is an essential legal field that pertains to the buying and selling of real estate property. If you are preparing to buy a new home, invest in a commercial property for your business, or want to sell your property, you should have some understanding of property law and the legal implications of your pending transaction....

What Is Residential Property Law?

Residential real estate is a complex industry, and the real estate market of New York City is one of the most volatile and unpredictable in the entire country. Buying a new home in New York can be an exciting opportunity, and selling a home can provide the funds necessary to settle down in a new place comfortably. However, navigating the residential...

What Makes a Good Real Estate Lawyer?

Navigating the real estate market successfully often requires more assistance than a good real estate agent can offer. It’s sometimes necessary to work with a real estate lawyer who can help you navigate the legal challenges your real estate transaction presents. Some issues can lead to real estate litigation, and some transactions pose complex questions...

When Should I Hire a Real Estate Attorney in New York?

New York state law does not require legal representation to complete a real estate transaction. However, the custom in New York City is for both the buyer and seller in a real estate transaction to have legal counsel present for each critical stage of their deal. You may wonder when it would be most appropriate to hire a real estate attorney for your...

How Do You Find a Good Real Estate Lawyer?

Whether you want to sell a home, buy into a co-op, or invest in a commercial property across the globe, an attorney can serve as a powerful advocate in a real estate transaction. You may already be working with a real estate agent, and their insight is crucial to any sell or purchase. However, they are not licensed to give legal advice or answer legal...

Financial Assistance For Businesses Affected By COVID-19

Government Programs for Businesses Affected by COVID-19 SBA Disaster Loan Assistance – CLICK HERE Paycheck Protection Program – CLICK HERE Economic Injury Disaster Loan Emergency Advance – CLICK HERE SBA Express Bridge Loans – CLICK HERE NYC Small Business Continuity Loan Program – CLICK HERE IRS Employee...

Options For Businesses Affected by COVID-19

Options For Businesses Affected by COVID-19 On March 11, 2020, the World Health Organization (WHO) officially categorized COVID-19, also known as CoronaVirus, as a pandemic, raising the health emergency to its highest level. In the past few weeks, the virus has spread at an unprecedented rate, causing most cities and towns throughout the world...

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