421-a is a NYC property tax abatement designed to incentivize new residential construction. For buyers, it's a meaningful benefit — but only for as long as it lasts, which is usually 10, 15, 20, or 25 years from when the building was completed. When 421-a phases out and expires, the building's property tax bill jumps to the full unabated amount, often 3 to 5x what owners had been paying. If you're buying a new condo, you need to know two numbers: how much the abatement is cur

In Manhattan, roughly three out of four apartments for sale are co-ops, and the rest are condos. Co-ops are usually 10 to 40% cheaper for the same square footage, but they come with a board approval process, stricter financial requirements, and tighter rules about subletting. Condos cost more, charge higher closing costs and property taxes, but you can close in weeks instead of months and rent out your unit with far fewer restrictions. If you're paying with cash and plan to l

Across Manhattan’s most coveted corridors—from Central Park West to Billionaires’ Row—a quiet recalibration is underway. Between July 2024 and July 2025, nearly one in three condominium resales traded below their previous purchase price, marking a decade-long repricing of luxury. Eight notable addresses reveal how today’s market is rewriting assumptions about appreciation.

"Luxury doesn’t always mean perfection—even in NYC’s most elite condos. From 432 Park Avenue’s hidden facade cracks to the Seaport’s leaning tower, high-end condo building flaws in New York are costing buyers millions. Learn how construction defects, plumbing failures, and developer oversights plague prestigious towers—and the critical due diligence steps to protect your investment.

Discover the secrets of a successful sale in real estate. Learn how strategic marketing and expert negotiation led to a standout sale.

Trump’s proposed SALT cap repeal could boost luxury real estate markets, benefiting affluent buyers with increased purchasing power.

Understanding Closing Costs When Purchasing a New York City Apartment: Condominiums vs. Cooperatives

Challenges Facing Cooperatives and Condominiums in Manhattan Amid Maintenance Fee Increases in 2024

This is Corey Cohen, founder of The Roebling Group, and here's a glimpse into recent real estate news. Good Cause Eviction Law and IAI Changes Shake Up Landlord-Tenant Dynamics Governor Kathy Hochul recently signed significant legislation affecting New York’s rental market, including the Good Cause Eviction Law. This law, effective April 20, 2024, requires landlords to have "Good Cause" to evict tenants and applies to all NYC residential apartments (with the option for other

Dive into NYC real estate trends, Dorchester Towers sale, and the latest market shake-ups."