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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 […]

Talented Agents Who Share Our Passion for Brooklyn Wanted!

During this season we’d like to take a moment and share our appreciation for the Realty Collective team.  Our agents are passionate and creative women and men and we are so grateful to have them!  Would you like to join our team? Are you ready to work in a new environment where you will be encouraged […]

Guarantors Help New York Renters Secure Apartments

When applying for an apartment in New York City it’s a pretty standard request of  landlords that all applicants make an annual earning  of  at least 40 times the rent. If the applicant doesn’t meet that requirement then the applicant can submit an application with the help of a Guarantor. All Guarantors are required to […]

Is My Co-op Maintenance Tax Deductible? by Victoria Alexander

The short answer is YES – a percentage of your monthly maintenance is tax deductible and this percentage is different from unit to unit depending on number of shares owned. With a co-op, the amount of the maintenance that is tax deductible is based on the portion that is used to pay real estate taxes and […]

Navigating Breakups: A Discussion about Feelings & Finances Recap

Last month RC’s Victoria Alexander spoke at a panel discussion presented by Onward, a post-breakup concierge service launching in New York City soon, about how to navigate a breakup. Specifically she spoke with a real estate angle in mind. Couples often choose to move in together in New York because rent is so high and it […]

Donate to Our Friend’s Crowdfunding Campaign for his Yoga School

Please check out our friend and client’s crowdfunding campaign on IndieGoGo! Swans Nest Yoga – Burning To Live Sean Moore opened Swans Nest Yoga in Bushwick, Brooklyn last August. You may remember the blog interview we posted right before the grand opening about his experience finding this space with RC’s Victoria Alexander and the connection he feels with his […]

Opportunity Zones: An Information Session for Business Owners and Entrepreneurs

SBIDC and Realty Collective have joined forces to present this information session at Hoek Pizza (117 Ferris) in Red Hook Brooklyn on April 18th. In 2017, Congress created the tax incentive program, Opportunity Zones, to spur development in “economically-distressed” areas. The tax benefits are now becoming available and it has a lot of people wondering […]

An Expert Weighs in on the Mortgage Calculator and Joins Our Workshop Tonight!

Our good friend and mortgage expert, Mark Maimon, was recently quoted in this very informative Apartment Therapy post on the topic of mortgage calculators. We know they aren’t exact but can be helpful in the early stages of home purchasing, when you’d like to know an approximation of how much you may be able to spend. […]

Brooklyn Eagle “Quirky Stuff” Article with Victoria Alexander

The Brooklyn Eagle posted an article entitled “Quirky Stuff: The German Soldier in the Red Hook Basement” yesterday and it features RC’s Victoria Alexander talking about a drawing of a German soldier scratched into the cement floor of her listing at 204 Van Dyke street. As some of you may already know, Victoria has a masters […]