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Pied-à-Terre Rules: Which Buildings Allow Them and What to Watch For
Pied-à-terre = a part-time NYC residence. Co-ops often restrict them; condos generally allow them. Always verify building rules before buying.
301 West 115 Street
301 West 115 Street is a cyclical postwar condo that rewarded early buyers but now punishes mid-cycle entrants trying to exit.
The Langston - 68 Bradhurst Avenue
The Langston is a 2BR-heavy, cyclical postwar condo that rewarded early buyers but has entered a late-cycle mean-reversion phase.
Buying in NYC as a Foreign or Out-of-State Buyer: LLCs, Taxes, and Financing
International and out-of-state buyers can buy NYC property, but co-op rules, financing, LLCs, and FIRPTA require careful planning.