Trusted attorneys for Estate Planning and Administration, Real Estate and Tax Matters.
New York City has plenty of capital and clever people. What it lacks is open space for development. Those hoping to make their mark in the real estate world often need to employ creative approaches. They can't simply acquire vacant lots and hold them for decades...
The residential real estate market in New York generally remains strong even when other markets may falter. After all, there is a limited amount of land available, and people want to be close to where there are career opportunities, transportation and entertainment....
Real estate markets constantly fluctuate, and investors need to be ready to pivot if they hope to maximize the profit-generating potential of their capital. When someone buys property, when they sell it and how they utilize it while owning it can all affect the return...
There are many rules that limit the ownership rights of those who have invested in real property in New York. For example, some properties have an easement attached to their titles that will prevent owners from keeping certain other parties off of their real estate....