2019-04-24 13:08
Have you ever wondered if your real estate agent is working in your best interest? Or are their actions motivated by their own best interest? The principal-agent problem is a common occurren… Read More
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Propertyclub Real Estate Blog
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Your best resource for info on the NYC Real Estate market. The PropertyClub blog also covers the global luxury real estate market and blockchain and real estate.
2019-04-16 00:21
If you are a fan of the of Bravo Channel’s hit cable TV series, Million Dollar Listing New York, you know that being real estate agent in NYC is not only glamorous but incredibly lucra… Read More
2019-04-04 04:45
The American dream of owning your own home is becoming more and more unrealistic given the state of the U.S. real estate market today. Looking back at what home prices were 20 years ago is a… Read More
2019-03-27 21:28
Buying an NYC apartment is a significant transaction, not to be taken lightly. As such, no one should consider purchasing a co-op or a condo without consulting his or her real estate lawyer… Read More
2019-03-25 09:55
In your New York City real estate search, you’ve probably come across a co-op listing or two that just seemed too good to be true. More likely than not those listings were HDFC (Housin… Read More
2019-03-24 17:15
If you listened to most real estate agents tell it, selling your home by yourself is something akin to performing brain surgery on your cat. Unless you’re a trained veterinarian, the o… Read More
2019-03-23 00:29
NYC flip taxes, also known as transfer fees, were first implemented in the 1970s and 1980s as a way to generate capital for co-op buildings so that they could invest in major capital improve… Read More
2019-03-22 05:23
The average one-bedroom apartment in Manhattan costs approximately $3,400 a month. As such, sublet and short-term rentals are very popular. Whether you are looking for a sublet for thre… Read More
2019-03-20 06:54
While searching for a co-op or condo in New York City, you may have come across listings that include what is called a 421-a tax abatement. This tax exemption was originally put in place to… Read More
2019-03-20 05:19
If you’ve ever been involved in an NYC real estate deal, you may have heard the phrase Certificate of Occupancy. This piece of paper, which is at times taken for granted, may be the di… Read More
2019-03-20 03:19
If you've ever tried to rent or buy a NYC apartment in a building surrounded by scaffolding you might have come across the term Local Law 11 when inquiring about the scaffolding and when it… Read More
2019-03-17 22:25
When it comes to possible applications for blockchain and cryptocurrencies in the real estate industry the most exciting would be the tokenizing of real estate. We’re taking an in-dept… Read More
2019-03-16 14:20
If you live in New York City, you know that few things are cheap or easy. An overriding characteristic of the city is that even mundane tasks can be difficult, and everyday things expensive… Read More
2019-03-16 03:20
“You’ve got to be in it to win it” is one of the New York State lottery’s more memorable advertising slogans. What this tagline doesn’t mention, of course, is y… Read More
2019-03-15 03:29
Whether you’ve outgrown your space and want to find a new place, lost your job and can no longer afford the rent, or are moving to another city for work, breaking your lease can be a s… Read More
2019-03-13 06:00
Where would the real estate world be without exuberant celebrity transactions making the news almost every week? Whether its movie stars, musicians or businesspeople, all seem to have one th… Read More
2019-03-11 10:36
Approximately 75% of apartments available for sale in New York City are in cooperative buildings, colloquially known as “Co-ops”. So what exactly is a co-op and how is it differe… Read More
2019-03-10 19:12
Have you been thinking about embracing a more nomadic life this year? Or simply taking a break from the status quo and exploring some great new cities? We've done some of the scouting for yo… Read More
2019-03-09 23:02
Buyers and sellers of townhouses, co-ops or condos in New York City have the unenviable obligation of paying multiple transfer taxes. First, the state picks your pocket with the NYS Transfer… Read More
2019-03-08 10:18
If you've ever thought about investing in real estate you've probably heard the term 1031 exchange thrown around by realtors and other investors. You may be thinking "What is a 1031 Exchange… Read More
2019-03-01 08:25
Whether you are buying or seller real estate, you must account for closing costs in your budget when determining your ability to purchase or sell a property. Like everything else in New York… Read More
2019-02-28 10:55
Currently, over one million apartments in New York City are subject to some form of rent regulation. The majority of these apartments are classified as rent-stabilized apartments, while less… Read More
2019-02-26 23:48
New York City has been long established itself as one of the most expensive cities across the globe, especially when it comes to home prices. Nowadays, everyone who is selling a piece of NYC… Read More
2019-02-25 04:51
New Yorkers are among the most highly taxed people in America. Most already know that NYC is one of only a handful of cities to have an income tax, but what about real estate taxes in New Yo… Read More
2019-02-22 20:15
Listing and marketing an apartment for rent by owner in NYC can be a challenge. Whether it’s your first time renting your place out or you’re already an experienced landlord we&r&hell…Read More
2019-02-20 00:12
Ultra-luxury dwellings have always been popular and managed to catch people’s attention ever since our prehistoric ancestors moved out from their caves. Unfortunately, not everyone can… Read More
2019-02-18 16:11
Ever wondered if it's possible to buy real estate with cryptocurrency? With blockchain and cryptocurrencies gaining more traction in recent years the real estate market has quickly opened up… Read More
2019-02-15 12:32
With year-end reports, that look back at 2018 and compare it to the year that came before, starting to roll in we've decided to make things a little more interesting by taking a look at the… Read More
2019-02-06 00:52
Everyone knows that rents and moving costs in New York City are amongst the highest in the country so what better way to save some benjamins than to find a no fee apartment. We’ll expl… Read More
2019-02-01 22:01
When it comes to renting an apartment in New York City, one of the first things most renters look at is the fees involved, with no-fee apartments being the most desirable. So what could be b… Read More
2019-01-16 11:03
Have you ever asked about the possibility to lower the asking monthly rent on an apartment you’re interested in leasing? It’s only natural to ask, and it happens countless of tim… Read More
2019-01-07 09:03
Are you counting the days and weeks until your current lease ends? Or maybe you’re in a month to month lease and are waiting to find the perfect apartment to call home. Here at Propert… Read More
2018-12-10 19:36
Pied-à-terre is a French term that translates to “foot on the earth” and is used in the New York City and other real estate markets to refer to what is typically a second… Read More
2018-12-09 00:49
Whether you've found your dream home and are ready to submit your rental application or you're just starting your apartment search and want to get a leg up on the competition by having your… Read More
2018-10-10 23:46
We're excited to announce that we've partnered with some of New York City's best real estate brokers to offer PropertyClub users buyer commission rebates. Buyers will now be able to earn up… Read More
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