Manhattan Blog Estate

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Real Estate Agent - The Corcoran Group
Real estate information and consumer reports about buying and selling apartments and townhouses in the complex Manhattan real estate market.

ARCHIVED BLOG POSTS

2011 

Snow Day for some people. New York City Schools are closed today. The Corcoran Group is closed. But my clients and other agents have all been calling to confirm appointments. Rain, snow sleet may keep the mailman away but not real estate brokers or buyers in Manhattan. West 88th Street Upper West...
01/27/2011
A: The Aztec Recognition Agreement (sometimes spelled Aztech) is a three-party contract between the borrower, lender, and coop. It is a form that must be signed by the borrower, lender and the coop. (The form gets its name from the company that produces it) It is the document that the bank draws ...
01/26/2011
Brand Matters More Than Ever!          Last week was the Inman connect in NYC. I totally missed it this year. I've been way too busy with buyers and sellers showing properties and negotiating offers. Since the first day of the year, it has been non-stop. So while I missed the conference this year...
01/22/2011
Q: What are the titles, categories and responsibilities of real estate Licensure in New York State? A: In New York, three categories of real estate license exist: real estate broker, associate broker, and salesperson. In most cases, individuals first receive their licensure as salespersons unless...
01/16/2011
Q: What is Agency Disclosure? A: It's The Law!        As of January 1, 2011 a new real estate broker disclosure law went into effect in New York.  The disclosure law actually went into effect in January of 2007 but only buyers and sellers of 1-4 family houses were previously required to sign the ...
01/15/2011
Q: What is the New York Mansion Tax? The definition of a mansion : Middle English, from Anglo-French, from Latin mansion-, mansio, from manēre to remain, dwell; akin to Greek menein to remain First Known Use: 14th century. Abode, A large imposing residence, large structure, stately, chateau, esta...
01/14/2011
WHAT IS CONSIDERED NEW RESIDENTIAL DEVELOPMENT?In New York, this is a residential offering that is completely new to the market, and must be approved by state and local governments. It includes both ground-up construction and the conversion of an existing structure, such as an office building or ...
01/10/2011
Q: What is a Restrictive Covenant? A: Manhattan housing is primarily made up of coop and condominiums. Both coops and condos in Manhattan have restrictive covenants. The legal definition for a restrictive covenant: "A provision in a deed limiting the use of the property and prohibiting certain us...
01/08/2011
All indicatons are pointing to a strong year for Manhattan residential real estate. Christmas and New Years and even a blizzard couldn't keep buyers away. 2010 ended strong and 2011 has begun very strong. 2010 has been an encouraging year in Manhattan real estate, which experienced a 20% boost i...
01/05/2011
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Mitchell J Hall

Lic Associate RE Broker - Manhattan, NYC
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