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The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York City. The exemption ...
In 2008 Serhant ventured into the New York real estate market. [12] During his first year, he earned just $9,000. [13] After a year-long pursuit, he closed his first major sale of $8.5 million. [13] By 2012, The Real Deal ranked Serhant #15 out of the 100 most successful agents in New York. [13]
Korangy's Korangy Publishing founded The Real Deal in April 2003. [2] It was Korangy's third venture into publishing, the first being the Gringo Gazette, a weekly newspaper in Baja, Mexico targeted at expatriates, [2] and the second being the Washington Free Press, a weekly tabloid in Washington, D.C. Korangy was named one of the 100 most powerful figures in New York City real estate by the ...
What is a net sheet in real estate? A net sheet is an itemized tally of all the associated costs and expenses a home seller will incur as a result of the transaction, set against the sum the buyer ...
A good guy clause, typically found in rental agreements in New York City, is a provision that allows a tenant to be released from the liability of completing the agreed upon rental period, assuming the tenant vacates the rented space and leaves it in favorable condition.
Building contingencies into the contract: Most real estate contracts have contingencies that give sellers cause to back out. For instance, the seller may say they will only sell their property if ...
"REBNY members gave a tenth of all N.Y. campaign money," in 2015 "which represents only some of the political spending by New York’s real estate industry." Michael McKee, treasurer of Tenants PAC Archived 2022-03-22 at the Wayback Machine , said he "was concerned that state leaders would be more likely to heed REBNY’s positions than his own ...
Alice Mason (October 26, 1923 – January 4, 2024) was an American real estate broker, socialite, and political fundraiser.According to the New York Times she became one of the most powerful real estate brokers in Manhattan and was known as "the person you called if you couldn’t get past the [] board."
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