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Buying New Construction: Punch List Creation

There are many benefits to purchasing a unit in new construction. You are moving into a never before lived-in apartment with all the latest and most fabulous finishes and appliances. However, you still need to scrutinize the condo. You are bound to find issues that you will want to take care of before moving in, […]

New Development Closing Costs in NYC

If you are buying in a new development or a conversion, watch out – the new development closing costs NYC buyers pay can be significantly higher than buying other existing apartments in the city. Most buyers don’t know that there are additional points to be negotiated. It’s like Vegas, if you fail to ask for […]

Final Walkthrough vs The Punch List

When you buy new construction, you’re often buying the final product sight unseen. Sure, you’ve seen a model unit or drawings but the reality needs to be a lot more granular. This doc will take you through what’s called a “punch list,” and why you need it for new construction projects. What is a Punch […]

Highlights From Our Recent Brooklyn Real Estate AMA

Realty Collective President Victoria Alexander and longtime Agent Tina Fallon recently sat down for a live Q+A to answer questions about anything—and everything—Brooklyn real estate. Check out some highlights on our YouTube channel. Want to AMA IRL? Give us a call with any real estate questions. Seriously, anything! It’s one of our favorite parts of […]

COVID-19 and the Brooklyn Real Estate Market: What We’re Seeing

Brooklyn real estate is very resistant to crystal-ball pronouncements, much to our disappointment. It seems like right now everyone is asking the same questions about clarity, preparedness, and the future. And the truth is that we just don’t know what to expect in the coming months.  COVID-19 has been an unprecedented experience for our borough […]

What is a sponsor unit? 

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

NYC Co-ops, Your Buying Power and Your Values Aligned

We have all heard of food co-ops and thing they are good but do we know why? and what actually is  a food co-op? Wikipedia says: “A food cooperative or food co-op is a food distribution outlet organized as a cooperative, rather than a private or public company. Food cooperatives are usually consumer cooperatives, where the decisions regarding the production and distribution […]

The Most Common Loan Programs Explained by a Mortgage Expert

If you are thinking of purchasing a home and need to secure a loan you may want to brush up on the different types and which one is best for you at this time. Our good friend and mortgage expert, Mark Maimon of Freedom Mortgage, has made it easy to figure out and analyze each with the […]

David’s Journey from Renter to Owner by The Fallon Team

Photo Courtesy of Compass We met on a warm August evening in Park Slope at what best can be described as a man cave. The garden level duplex was dark. And cramped. And David liked it. I asked ‘Are you concerned about natural light?’ ‘No,’ he said. Hmmm, okay. This will be interesting. That sun-starved duplex ended […]

A Mortgage Expert Explains Locking in an Interest Rate.

We’d like to share more expert advice from Mark Maimon of Freedom Mortgage. Our regular co-host during our Buying into Brooklyn, he always steers buyers in the right direction and this time he’s written a very informative blog about knowing when to lock in your interest rates. It can certainly be a bit confusing for many and Mark answers […]

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