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There are plenty of reasons you may want to back out of a real estate transaction. The home inspection may have turned up costly issues, you may have found something better, or maybe you or your partner recently lost a job. Whatever the reason, it is important that...
Under New York Law, there are four general grounds upon which to contest the validity of a Will. These grounds - or Objections - include: the person who made the Will lacked "Testamentary Capacity;" the Will was not "Duly Executed;" the Will was a product of "Fraud or...
Imagine that you are in the midst of buying a house, have contracted for the purchase of your dream home, and suddenly you receive the news that you have a serious illness which will directly affect your quality of life and income. One of the first questions that...
A coalition of residents representing several Manhattan neighborhoods has sued New York City, contending planned transportation changes both will adversely impact them and that the city violated the law. The city is planning to launch a crosstown busway on 14th Street...
New York City's Department of Housing Preservation and Development is close to having all the pieces in place for a program that will allow developers with projects that include affordable housing for senior citizens. The Affordable Independent Residences for Seniors...
Looking for a home can always feel overwhelming. The decision that you make will affect the next years of your life, and making a good investment is paramount. If you do not make a logical decision and act emotionally or impulsively, you may come to regret your...
Buying a unit in a co-op is different from buying another type of residential property in New York City. Before you enter into a contract, you should understand what makes this home purchase different. 1. When you buy a co-op, you are buying a share in a corporation...
Construction of a 51-story condominium building on New York City's Upper West Side can go on, a state Supreme Court judge ruled. The building, at 200 Amsterdam Ave., long has been a point of contention with the neighbors. The Municipal Art Society of New York and the...
The New York Department of City Planning is moving ahead with proposals for the North Brooklyn industrial zone, which involves revising zoning laws for the first time since 1961. The bottom-line goal of the plan is to bring more jobs into the area. That will be done...
As a landlord, you may assume that the key determinant of your profit is the rent that you charge your tenants. While this can have a significant impact on your profitability, there are many other factors that can influence your financial success. If you are the...
