Applications are now being accepted for 45 mixed-income apartments in a new residential tower on the Upper East Side. Located at 1487 1st Avenue in Lenox Hill, Maison 78 is a 35-story residential building featuring brand-new units with thoughtfully designed interiors, high-end amenities, and a...
Try to avoid renting a place sight unseen. You risk falling for a bait-and-switch scam, when prospective tenants are enticed with photos but find the apartment is really a different substandard one by the time they get the keys. If youuse a virtual tourto check out apartments, make sure...
As of last week, morale was high, Yau said, with her team working in the spirit of coming together, being careful to transfer items between each other’s apartments wrapped in plastic and left in doorways, rather than handed to co-workers. “I want to express how grateful I am ...
“There (are) so many people just like me that didn’t know better,” she says, “so their opportunities were limited. My passion is to educate families and children and to help them out of poverty.” Her work at Children’s Aid, which supports low-income families and youth throug...
One valid reason is that “market makers” need very low transaction fees to provide liquidity to a market. A market maker is a participant that trades assets and does not hold them for long-term appreciation. They make money on the spread between where they buy and where they sell. Thes...
tenant-owners buy apartments for modest down payments but do not increase their equity with monthly mortgage payments. When they leave, they sell the apartments back to the sponsor for their initial equity plus interest earned. The apartments are thus valued for their ongoing use as habitation rat...