sponsor: Just Listed | 414 West 121st Street Apt #36 & # 57 - 10/11/13 09:46 PM
414 West 121st Street | Morningside Heights



(3 comments)

sponsor: Manhattan Real Estate: FAQ About New Residential Developments - 01/10/11 05:04 AM
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 rental property.WHAT IS A ‘SPONSOR'?The legal entity that owns the new development being offered-considered "the seller."WHAT IS AN ‘OFFERING PLAN'?A comprehensive disclosure document provided by the Sponsor and approved by the Office of the Attorney General of the State of New York ("Attorney General") that describes the property's offering.WHAT IS AN ‘OFFERING PLAN AMENDMENT'?A … (9 comments)

sponsor: New Construction Resales - A REAL DEAL! - 04/08/07 12:39 PM
New Construction Resales in Manhattan -  Save Thousands of Dollars in Closing Costs
Seller Pays New York City and NY State Transfer Tax except when Buying from a Developer/Sponsor.

If you're looking to buy new construction you might save thousands of dollars by buying a resale in a brand new building. When a buyer purchases a condo or coop in a new development directly from the sponsor (developer) the buyer is usually required to pay New York City and New York State transfer tax.
When buying from a sponsor in a coop, (unsold shares) the transfer tax is not only the percentage of the sale … (1 comments)

 
Mitchell J Hall, Lic Associate RE Broker - Manhattan & Brooklyn (Compass) Rainmaker large

Mitchell J Hall

Lic Associate RE Broker - Manhattan & Brooklyn

Manhattan, NY

More about me…

Compass

Address: New York, NY, 10024

Office: 212-877-6268

Mobile: (917) 312-0924

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