Sishodia PLLC

08/17/2026

08/12/2026

NYC Buyers Pay 2 to 5% in Closing Costs

From mansion tax to mortgage recording tax, NYC closing costs add up fast.

Read more: https://sishodia.com/who-pays-real-estate-closing-costs-in-new-york/

Call Sishodia PLLC at (833) 616-4646.

08/09/2026

08/07/2026

NYC Transfer Tax: Know Who Pays at Closing

Sellers typically owe NYC RPTT and NYS base transfer tax, but contract terms or exemptions can shift costs. Review your deal before closing.

Read more: https://sishodia.com/how-to-avoid-the-nyc-transfer-tax/

Call Sishodia PLLC at (833) 616-4646.

08/03/2026

NYC Closing Costs Can Reach 6% of Purchase Price

Manhattan investment buyers face mansion tax up to 3.9% and mortgage recording tax up to 2.175%.

Read more: https://sishodia.com/how-to-buy-an-investment-property-in-new-york-city/

Call Sishodia PLLC at (833) 616-4646.

07/31/2026

NYC Co-op Leases Expire After 99 Years

Leases under 30 years remaining can block financing and hurt resale value. Review your proprietary lease with an attorney before you buy.

Read more: https://sishodia.com/what-is-a-proprietary-lease-in-new-york/

Call Sishodia PLLC at (833) 616-4646.

07/29/2026

Foreign Sellers Face 15% Withholding in NYC

FIRPTA requires buyers to withhold up to 15% of the sale price when a foreign person sells U.S. real estate. Know your exemptions before closing.

Read more: https://sishodia.com/what-is-firpta-foreign-investment-in-real-property-tax-act/

Call Sishodia PLLC at (833) 616-4646.

07/22/2026

Before closing on a brand-new apartment from a developer, check:

☑ Floors for scratches, dents, or other damage
☑ Cabinets, doors, and hardware for defects
☑ Walls, ceilings, and finishes for visible issues
☑ Windows and doors operate properly
☑ Plumbing, electrical systems, and appliances work correctly
☑ All visible defects are included on the punch list
☑ Every issue is documented before closing

Do not treat the final walkthrough as a formality. It is your last opportunity to identify and document visible defects before the property officially becomes yours.