nyc: Wanna know how to catch a Monkey! - 09/10/09 08:07 AM
Catching up with a friend, we got into the conversation of real estate. Not a foreign subject to either of us since I am a licensed real estate broker, he is a contractor as well as both of us being multi-property owners. The conversation began when I asked him if he knew of a particular large scale property owner. I mentioned that I was trying to reach him in efforts to buy one of his buildings which he purchased 2 years ago and is now in financial trouble.
He proceeded to tell me a couple of stories regarding people that he … (6 comments)

nyc: I Love NY . . . How it all started? - 07/22/08 04:47 AM
The year was 1977, New York City, on the verge of bankruptcy, dreary, dark, crime was rampant. It was like a scene of Gotham City from "Batman." Real estate was so bad; the City of NY became the biggest landlord in the city as landlords abandoned their buildings, the city obligated to pick them up and keep them running. 
So how is it that now, just 30 years later, the NYC real estate market is hotter than ever and everywhere you turn you see the slogan "I Love NY". Even if you're not from NY, more than likely you've seen this … (22 comments)

nyc: New York Rent Control & Rent Stabilization, know the difference! - 06/28/08 03:49 AM
Sometimes people say "rent controlled" but actually MEAN rent stabilized . . . do you know the difference?
There is a difference between rent control and rent stabilization, but the term "rent regulated" encompasses both rent controlled and rent stabilized units. The Rent Guidelines Board has the responsibility for setting rent adjustments for rent stabilized apartments, while the NYS DHCR has jurisdiction over rent controlled apartments.
DHCR - Division of Housing and Community Renewal
Rent Control:
The rent control program generally applies to residential buildings constructed before February 1947 in municipalities that have not declared an end to the postwar rental housing emergency. A total … (8 comments)

Peter  Nikic (Broad & Bailey Realty LLC)

Peter Nikic

Valhalla, NY

More about me…

Broad & Bailey Realty LLC

Address: 20 Broadway, Valhalla, NY, 10595

Office: (914) 644-8215

Mobile: (914) 804-0037

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