Apartments in Manhattan - Real Estate - Lee Presser

12/22/2024

Thoughts?

https://cooperatornews.com/article/for-nyc-co-op-condo-boards-new-rules-around-background-checks?npe=n933-30677

08/17/2021

We specialize in selling homes to developers. Your home may qualify to be included in an assemblage, and if so, your home can sell for far more than what the average homebuyer will pay.

09/14/2020

Let's take a closer look at this. Section 8, like all other vouchers, is a source of income and as such is a protected class in New York State. That alone does not guarantee a prospective tenant the apartment unless the voucher covers the entire rent. If it does not, my understanding is that a landlord may apply their income requirement, whatever it might be, as long as it is the same for every tenant, to the portion of the rent not covered by the voucher.

This in no way means that a landlord must lower their rent so a voucher can fully cover it. So, Manhattan apartments may still be at a rent that is too high for some, and that is true for everyone who subsequently turn their search elsewhere, to the outer boroughs or suburbs, where they find rents they can afford, and quite possibly totally covered by the voucher. I know a landlord in lower Westchester County, with about a dozen or so buildings, who prefers voucher tenants because they never have to worry about rent being paid.

Tenants facing housing discrimination for paying rent with a voucher have a new reprieve.

09/14/2020

Still, rent regulation is not likely going away.

06/11/2020

05/12/2020

Those who know me know that I have been anti-StreetEasy for years because of their obviously deceptive advertising techniques. I agree with NYRAC that NYS Dept of State did not go far enough in its ruling, while recognizing that this is a step in the right direction.

The real concern is that the process to get here took 3+ years, and not Zillow companies know that if they want to push the limits of New York Real Estate Law that they can essentially have their way for 3+ years. 75%+ of all Zillow Companies total revenue is generated from agent advertising, some not as obvious to the public as many, like me, feel it should be.

New York has adopted stricter rules for online real estate advertisements, years after the real estate industry went up in arms over StreetEasy’s Premier Agent program.

04/06/2020

Empire State Development Corp Admonished, Rightly so … by Lee Presser | 5 April 2020 | Uncategorized | 0 comments As you may know, last week the Empire State Development Corp (ESDC), through statements they put out, sent most agents and brokers in New York on a roller coaster ride, first implying ...

04/02/2020

Continue to Social Distance by Lee Presser | 2 April 2020 | Uncategorized | 0 comments Please bear in mind that the Real Estate Board of New York (REBNY) is monitoring the statements made last night indicating that the Empire State Development Corporation (ESDC) has deemed certain real estate servic...

03/04/2020

Second video in a two part playlist/series on the sale of NYC real estate owned by an Estate.

https://youtu.be/56XpNYMTim0

Lee Presser and Jim Bryan of Keller Williams will help you to get the decedent’s home or apartment (“The Home”) marketed and sold. You get their combined 40+...

03/04/2020

If you know someone in NYC who is the Executor/Administrator of an Estate, an heir or beneficiary of an Estate, please share this video with them to help them to understand the process they are about to take on if the decedent owned real estate in NYC that the Estate will be selling.

This video will be part of a Playlist, Estate Sale of New York City Real Estate: Condominium, Cooperative, Townhouse, 1-4 Family Home. containing a more detailed explanation of their tasks ahead.

https://youtu.be/ECP4aRes7W4

You have recently lost a loved one, family member or friend. They have bestowed upon you a great honor, by appointing you to be an Executor of their Last Wil...