NYC Pied-a-Terre Tax: Who Does It Impact and How?
The new NYC pied-à-terre tax is aimed at certain secondary homes valued around $5M+ that are not used as a primary residence. Here’s who may be impacted, who is not expected to be impacted, and why the NYC Department of Finance value matters.
Why Low Monthlies in Manhattan New Developments Are Not Always What They Seem
Low common charges and taxes can make a Manhattan new development look attractive, but buyers often do not realize that projected year one costs are not always reflective of long-term carrying expenses.
Why Some Manhattan Apartments Sit While Others Sell Quickly (Even in the Same Building)
Why do some Manhattan apartments sell quickly while others sit on the market—even in the same building? A closer look at how layout, light, staging, pricing, and timing impact performance in NYC real estate.