Gea Elika's Blog, page 2

May 31, 2025

NYC Co-op Buying in 2025: What It Takes to Get Board Approved

NYC Co-op BuyingBuying a cooperative apartment, or “co-op,” in New York City is a unique journey, distinct from real estate purchases elsewhere. Co-ops offer access to iconic buildings and vibrant neighborhoods, but…

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Published on May 31, 2025 12:46

From Studio to Three-Bedroom: The Smartest Condo Investment

Smartest Condo InvestmentWhen buying a condo in New York City, bedroom count is more than a matter of comfort. It’s a strategic financial decision. Understanding how unit size influences rental income, appreciation,…

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Published on May 31, 2025 07:20

Sell Your NYC Home: Costs, Taxes, and 1031 Guide

Sell Your NYC HomeSelling a home in New York City has never been simple. Beneath the skyline of glass towers and brownstone blocks lies a real estate market defined by complexity, competition, and,…

The post Sell Your NYC Home: Costs, Taxes, and 1031 Guide appeared first on ELIKA New York.

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Published on May 31, 2025 05:02

May 30, 2025

Buying Property in New York City vs. Global Cities

New York City vs. Global CitiesGlobal investors are navigating an increasingly complex geopolitical and economic landscape, and the allure of real estate investing has shifted beyond bricks and mortar. In premier cities like New York,…

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Published on May 30, 2025 18:26

Navigating New York’s Resilient Real Estate: Buy Now or Wait?

New York Real Estate Buy NowOver the past three years, New York City’s real estate market has defied conventional wisdom. Despite inflationary pressures, elevated mortgage rates, and historically high prices, the city’s housing market remains…

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Published on May 30, 2025 15:53

May 29, 2025

Landlords Navigating the FARE Act: Listing Apartments in NYC

Landlords Navigating the FARE ActOn June 11, a quiet yet consequential shift will occur in New York City’s rental market. Implementing the Fairness in Apartment Rental Expenses (FARE) Act will officially lift a longstanding…

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Published on May 29, 2025 09:04

The FARE Act: What’s Changing on June 11, 2025

FARE Act Broker FeeOn June 11, 2025, New York City’s rental market will undergo a significant transformation with implementing the Fairness in Apartment Rental Expenses (FARE) Act. Passed by the City Council on…

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Published on May 29, 2025 08:30

May 28, 2025

NYC Real Estate: A Feast of FOMO and Folly

NYC Real Estate FOMO and FollyA particular kind of madness grips you in New York City. It’s not the kind that lands you in Bellevue. It’s subtler, slicker. It wears a custom suit and talks…

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Published on May 28, 2025 06:01

Street-Smart Real Estate: A Buyer’s Guide to New York with No Bull

Street Smart Real Estate AdviceSpace in New York City is a religion. People pray for sunlight, preach about prewars, and chase square footage like it’s buried treasure. Bidding wars erupt over walk-ups, and compromises…

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Published on May 28, 2025 05:39

May 27, 2025

The Everlasting Allure of New York City Real Estate

Allure of New York City Real EstateNew York City is a market unlike any other, where land is scarce and ambition runs deep. Real estate in New York is never merely about square footage or resale…

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Published on May 27, 2025 11:47