fbpx

What is a sponsor unit?

A special category of apartments in New York City are called “sponsor units.” Basically, asponsor unit in a condo building is a residence that has been owned by the developer and it’sgoing up for sale for the first time. Or in the case of a co-op, it is owned by the original owneror the corporation […]

How to Spot a Friendly Co-op or Condo Board

When you buy a co-op or condo in New York City, it’s easy to focus more on the apartment (its price, size, and location) than the building–let alone the personality and temperament of the co-op or condo board that runs it. But make no mistake: Beyond deciding whether you may become an owner in the […]

Realty Collective Response to NAR Judgement

At Realty Collective, it has always been our practice to monitor developments that may affect our clients and the way we serve them. The recent verdict in the federal court case against the National Association of Realtors (NAR) in Missouri is a significant event that has captured our attention. We understand that the court has […]

Women-Owned Business Series: Rosie from Perkies

Welcome back to our Women-Owned Business Series! We’re happy to share Rosie’s story, founder of Perkies, a company dedicated to developing undergarments for women! Read on to learn more about her company and the ways she collaborates! First, tell us about your business and anything special we should know about it or you. Perkies creates […]

Women-Owned Business Series: Amore from Apples & Oranges Public Relations

Welcome back to our Women-Owned Business Series! We’re happy to introduce Amore from Apples & Oranges Public Relations! Read on about Amore’s journey into award-winning entrepreneurship below. First, tell us about your business and anything special we should know about it or you. Apples & Oranges Public Relations is a publicity and events boutique agency […]

Understanding Post-Closing Liquidity for NYC Co-ops

If you’re exploring the idea of owning an apartment in the dynamic city of New York, particularly in a co-op building, you’ve likely come to understand that the journey can be complicated. Co-op buildings, in particular, have unique requirements that go beyond the conventional real estate process. From rigorous board interviews to stringent financial criteria, […]

2023 New York Security Deposit Laws: A Guide for Brooklyn Residents

Welcome, Brooklyn residents! If you’re a landlord or tenant in our vibrant borough, you may be curious about the latest updates to New York’s security deposit laws for 2023. We will break down the latest and most significant changes to New York’s security deposit laws for 2023. So, let’s get right into it. Understanding Security […]

Affordable Homeownership in Brooklyn: A Guide to HDFCs for Buyers

In New York City, affordable housing is often associated with rentals. Still, an alternative for those looking to own a home without breaking the bank is limited equity housing co-ops, specifically Housing Development Fund Corporations (HDFCs). These co-ops are tailored for lower-income individuals and families, offering below-market prices and strict income caps. What Are HDFCs? […]

Navigating Home Loans and Renovation Financing in NYC: A Comprehensive Guide

If you’re considering buying a property in New York City, you may have noticed that fully updated apartments are often priced higher and are in high demand, getting snatched up swiftly. Especially in today’s market, pandemic-induced supply chain issues have further boosted the appeal of move-in ready apartments due to delays in renovation materials and […]

How to Prepare Your Brooklyn Apartment for a Fresh Start after Pet Occupancy

Allowing tenants to have pets is a great way to boost your number of renters. However, it can also add difficulty when it comes to cleaning between tenants. Cleaning and maintenance can be challenging without pets. Here are some helpful tips to make this process easier and less expensive for you and your current and […]