Posted by Leonard Steinberg on March 10th, 2013 Everyone is chattering at the rising costs of a New York apartment. What most don’t realize is the dramatically increased costs of land, and worse, the rising costs of insurance during construction. Its time to reform New York state’s infamous scaffolding law. The law, which dates back… [Read More]
FORECLOSURE MESS WILL COST ALL: YES, EVEN IN MANHATTAN.
The foreclosure mess could hurt homeowners in Manhattan in an indirect way: The costs of buying an apartment and paying off the mortgage are likely to go up, say housing experts. The rising costs will come both during the closing and throughout the life of the loan. At the closing, the cost of title insurance,… [Read More]