by Debra Guzov | Guzov's Good Advice
New York City residents know that there are pros and cons to living in a co-op versus a condominium. One area of contrast is in estate planning, or the transfer of property to a beneficiary upon the resident’s death. Condo owners obtain the rights to the real property...
by Debra Guzov | NYC, Real Estate Developments
The New York State Legislature is advancing legislation to enact the Housing Our Neighbors with Dignity Act (“HONDA”). The purpose of this legislation is to allow New York State to finance the purchase of and convert distressed hotels and vacant commercial office...
by Debra Guzov | Real Estate Developments
Alphabet City extends from 14th Street to Houston Street, in between Avenue A to Avenue D. Historically the area has always been diverse. German immigrants first developed the area in the 1800s, and later in the 1900s Irish, Italian, Jewish communities were...
by Debra Guzov | Real Estate Developments, Real Property
We have previously discussed the impact of the condo boom in New York City, which has led to a myriad of empty units and developers cutting sale prices. However, one thing these new luxury condos are not competing with are co-ops, especially pre-war co-ops on the...
by Debra Guzov | Real Estate Developments, Real Property
Consumers are creating a seismic shift in the economy as they are choosing online shopping rather than visiting brick-and-mortar retail space, which is forcing retailers to adapt their behaviors and tactics to stay competitive in the market. In New York City,...
