Gea Elika's Blog, page 2
May 31, 2025
NYC Co-op Buying in 2025: What It Takes to Get Board Approved
Buying 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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From Studio to Three-Bedroom: The Smartest Condo Investment
When 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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Sell Your NYC Home: Costs, Taxes, and 1031 Guide
Selling 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,…
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May 30, 2025
Buying Property in New York City vs. Global Cities
Global 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,…
The post Buying Property in New York City vs. Global Cities appeared first on ELIKA New York.
Navigating New York’s Resilient Real Estate: Buy Now or Wait?
Over 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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May 29, 2025
Landlords Navigating the FARE Act: Listing Apartments in NYC
On 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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The FARE Act: What’s Changing on June 11, 2025
On 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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May 28, 2025
NYC Real Estate: A Feast of FOMO and Folly
A 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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Street-Smart Real Estate: A Buyer’s Guide to New York with No Bull
Space 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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May 27, 2025
The Everlasting Allure of New York City Real Estate
New 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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