By JULIE SATOW The optimism that has washed over the New York real estate market this spring has swept up new developments in its wake. As recently as late last year, buyers could expect to negotiate with developers on price and closing costs like taxes and legal fees. But these incentives are rapidly drying up, … Continue reading Developers Cease to Offer Condo Incentives
Tag: harlem condominiums
Owning trumping leasing
Rising rents, cheap mortgages ignite sales of small apartments. By AMANDA FUNG Last week, Michelle Lynn and her husband went into contract on a $360,000 alcove studio apartment on East 57th Street, near the river. The couple, who live upstate, had originally planned to rent a place in town as they did years ago, but … Continue reading Owning trumping leasing
