Cheryl’s News & Views: What I’m Seeing Lately
A look at what's shifting in the Manhattan real estate market this spring — from selective buyers and pricing strategy to the role of AI in real estate, plus recent closings and...
A Family Moment from Croatia — Closing the Year with Gratitude
Season’s Greetings & Grateful Reflections — Looking Ahead to 2026
Deal Closed! 136 EAST 56TH STREET, 9D
Delivering Results That Matter - A Thrilled Seller! Real estate isn't just about properties for me - it's about helping families find their perfect home and build their future. That's…
Understanding Closing Costs
ANTICIPATED CLOSING COSTS For Co-op Purchases: Mansion Tax: 1% of purchase price for properties over $1 million, progressive rates up to 3.9% for properties over $25 million Attorney fees: $2,500-$5,000…
Tips for Successful Manhattan Home Selling
Price StrategicallyOverpricing leads to extended market time and eventual price reductions. Consider pricing slightly below key search thresholds to appear in more buyer searches. Timing MattersSpring (April-June) and fall (September-October)…
Seller’s Checklist: Preparing Your Manhattan Property
SELLER'S GUIDE: MAXIMIZING YOUR MANHATTAN COOP OR CONDO SALE PREPARING TO SELL Timeline Planning Begin preparations 3-6 months before listing your property to maximize value and minimize time on market.…
Co-op vs. Condo: What’s the Difference?
Cooperatives (Co-ops) Co-ops represent approximately 70% of Manhattan's available housing inventory. When purchasing a co-op, you're not buying real property but rather shares in a corporation that owns the building.…
Anticipated Seller Closing Costs
For Co-op Sales: Broker commission: Typically 5-6% of sale price Attorney fees: $2,500-$5,000 NYC transfer tax: 1% of price over $500,000 NYS transfer tax: 0.4% of sale price Flip tax:…
10 Steps to Buying in Manhattan
1. Prepare Financially Determine your budget and secure mortgage pre-approval Prepare for substantial closing costs (1-4% of purchase price) For co-ops: Prepare to show substantial liquid assets beyond down payment…
The Unpredictable World of Coop Board Applications
The Coop Conundrum: When Board Approvals Become a Rollercoaster RideNew York City's real estate market is unique, and cooperative housing represents one of its most fascinating and distinctive features. As…