Answer provided by Neil B. Garfinkel REBNY Broker Counsel, Partner-in-charge of real estate and banking practices at Abrams Garfinkel Margolis Bergson, LLP Question: After Submitting a Board Package, is it Legal for a Coop to request that Additional Maintenance be Held in Escrow? Answer: Yes, a cooperative corporation (“co-op”) may request extra maintenance […]
Answer provided by Neil B. Garfinkel, REBNY Broker Counsel, Partner-in-charge of real estate and banking practices at Abrams Garfinkel Margolis Bergson, LLP Answer: The Housing Stability and Tenant Protection Act of 2019 (“HSTPA”) created a specific time frame and procedure for landlords to follow when returning a tenant’s security deposit at the end of a lease term. […]
We just wanted to let you know about a property that we just sold in E. Elmhurst, NY. This one was a multi-family located at 32-30 96th Street (see link below for details). It was listed for $1,225,000, on the market for 25 days, and eventually sold for $1,200,000. The property was in good condition. […]
We just wanted to let you know about a property that we just sold in Corona, NY. This one was a 1-bedroom condo located at 105-09 Otis Avenue Unit 2B (see link below for details). It was listed for $359K, on the market for 21 days, and eventually sold for $345K. The property was in […]
We just wanted to let you know about a property that we just sold in Elmont, NY. This one was a single family located at 71 Cerenzia Boulevard (see link below for details). It was listed for $625K, on the market for 117 days, and eventually sold for $615K. The property was in good condition. […]
We just wanted to let you know about a property that we just sold in Forest Hills, NY. This one was a 2-bedroom coop located at 110-11 72nd Avenue Unit 2D (see link below for details). It was listed for $475K on the market for 166 days, and eventually sold for $419K. The property was […]
Registration for Short-Term Rentals, Including Airbnb Currently, short-term rentals such as Airbnb and VRBO are only able to operate legally if a unit’s owner or tenant are present for their renter’s stay and provided that the short-term renter can utilize the entire unit. As a result of this legislation, legal short-term rentals will now be […]
We are pleased to announce our brand new listing in Inwood, Manhattan. This property is a 1-bedroom coop located at 1803 Riverside Drive Unit 4K. It is listed at $375,000 and very easy to show (see link below for details). If you or someone you know might be interested in a property like this, please […]
We are pleased to announce our brand new listing in Laurelton, NY. This property is a one-family located at 130-12 224th Street. It is listed at $499,000 and very easy to show (see link below for details). If you or someone you know might be interested in a property like this, please Contact Us or […]
Answer provided by Neil B. Garfinkel REBNY Broker Counsel, Partner-in-charge of real estate and banking practices at Abrams Garfinkel Margolis Bergson, LLP. Answer: With respect to individual property owners, there are limited circumstances in which they are not required to follow the FHA or New York State Human Rights Law. More specifically, the FHA and New […]
