Written by Irina Faifman, Associate at Rakita Realty It’s really warming up outside and some New Yorkers are warming up to the ideas of walk-ups, co-ops and major transactions! This week’s notable sale in NYC includes a $6.115Million purchase of … Continue reading →

Tall Hotels and ‘Should I Sell?’ Written by Irina Faifman, Associate at Rakita Realty This week in Manhattan, we wave goodbye to TriBeCa film fans, watch the Malkin family go to court in an attempt to make the Empire State … Continue reading →

5 Things Not to Do With Your New York Apartment Written by: Irina Faifman, Associate at Rakita Realty Attention all New Yorkers: this week is the last call for seeing the cherry blossom trees beautifully positioned across the city. So … Continue reading →

New Developments: The Rules Simplified With springtime on its fragrant way, many New Yorkers are feeling the need to grow into a new home: for first time homebuyers, or experienced owners, finding the ‘right’ home can be a challenge. The … Continue reading →

TriBeCa: BeCause There Is No Time Like Now By Irina Faifman, Associate at Rakita Realty For many, spring in New York comes with fresh ideas, walks in Central Park and many investments in refreshing iced drinks. The current local weather … Continue reading →

By ELISSA GOOTMAN Published: April 5, 2013 in New York Times Magazine When Apartment J in a Prospect Heights co-op went on the market last summer, 120 people streamed through to see it. At packed open houses, potential buyers marveled … Continue reading →

Real Estate Brokers Predict a Tough Time for Buyers By MICHELLE HIGGINS Published: April 1, 2013 http://www.nytimes.com/2013/04/02/nyregion/prices-and-sales-are-going-up-in-new-york-real-estate-brokers-say.html?ref=realestate With inventory at near-record lows and prices inching up, all signs are pointing toward a seller’s market for Manhattan real estate this spring. … Continue reading →

by Teri Karush Rogers | 3/19/13 – 2:06 PM Q. We are thinking of buying a co-op that was renovated by the sponsor. It’s a middle-of-the-road renovation that isn’t really our style but we’re prepared to live with it for … Continue reading →

Buying new construction is riskier than in an established building. Risks range from obtaining financing, to getting what you pay for, to closing on time, to the possibility of debilitating construction defects and power struggles with the developer as your new building matures. Here’s how to reduce the chance that any of this will happen to you:

12 tips for buying new construction with confidence by Adam H. Stone, Esq. Continue reading →