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The price of those fees can vary widely, though the standard amount is 15% of the annual rent. For the average apartment in Manhattan, where the median monthly rent recently hit $4,500, that would ...
Website. www .nyc .gov /hpd. The Department of Housing Preservation and Development ( HPD) is the department of the government of New York City [ 1] responsible for developing and maintaining the city's stock of affordable housing. Its regulations are compiled in title 28 of the New York City Rules. The Department is headed by a Commissioner ...
Silverstein Properties, Inc. Silverstein Properties, Inc. is a family held, full-service real estate development, investment and management firm based in New York City. Founded in 1957 by Chairman Larry Silverstein, the company specializes in developing, acquiring, and managing office, residential, hotel, retail, and mixed-use properties.
The Real Estate Board of New York ( REBNY) is a trade association for the real estate industry in New York City. Formed in 1896, it has been dubbed "the leading trade group advocating on policy changes in the real estate industry". Its current president is James Whelan.
For sale by owner. A house for sale by its owner. For sale by owner ( FSBO) is the process of selling real estate without the representation of a broker or agent. This is where the homeowner sells directly to a new homeowner. Homeowners may still employ the services of marketing, online listing companies, but can also market their own property.
Multiple listing service. A multiple listing service ( MLS, also multiple listing system or multiple listings service) is an organization with a suite of services that real estate brokers use to establish contractual offers of cooperation and compensation (among brokers) and accumulate and disseminate information to enable appraisals.
We've seen eloquently written real estate listings for luxurious and quirky homes—long, drawn out adjectives and picture-perfect descriptions aplenty. But we've never read anything quite like ...
Wanting to get into New York real estate and lacking the funding to compete with established real estate families (e.g. Dursts, Roses, Fishers, Rudins, Tishmans, and the Lefraks), Sutton took a different tack: he would first find a potential tenant, determine where they wanted a store, and then seek to buy out the lease from the tenant at the location.
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