NYC Homeowner Insights: APR 2023

Hi all, QHT here with your monthly roundup of articles and information related specifically to NYC Homeowners. Take a look and let us know if you have any questions 🙂 Con Ed Bills may be going up Soon  Under a preliminary agreement between the state Department of Public Service, Con Ed and other stakeholders, the […]

NYC Homeowner Insights: MAR 2023

The New Interborough Express + NYC Borough Presidents are ready to Build + NYC’s Prohibited Buildings List Banning Short Term Rentals goes Live + 6 NYC Market Factors to consider for Out of Town Owners The New Interborough Express Have you heard of the Interborough Express yet? In short, it’s a large transit project that […]

Get your House ready Now, Sell Later

Quite a few of our clients are considering selling their Queens’ houses, and if you’re in that same boat, now is a great time to do a little prep work. Here are a few home-improvement tips we recommend to get your house ready now, and sell later: 1. Embrace Spring Cleaning Now is that special […]

8 Things you can do to Prepare for Higher Energy Costs

If you’re living in America, then you already know about the rising gas prices, rising inflation, and rising energy costs. At this point, you’ve probably already seen your utility bills come in higher than normal. We recently received an email from ConEd with some good tips on how to prepare for rising energy costs and […]

Rent Stabilization De-Regulation in a 421a Building

Answer provided by Neil B. GarfinkelREBNY Broker CounselPartner-in-charge of real estate and banking practices at Abrams Garfinkel Margolis Bergson, LLP Question: It is my understanding that the Housing Stability and Tenant Protection Act (“HSTPA”) generally prohibits deregulation of rent stabilized apartments (meaning that a rent stabilized apartment will never become a free-market rate apartment). Does that […]