Welcome to YRE

International and out-of-state buyers can buy NYC property, but co-op rules, financing, LLCs, and FIRPTA require careful planning.

Land-lease co-ops and condos can look like bargains. But rising ground rent can erase the discount. Here’s how to assess the risk before buying.

NYC flip taxes are seller-paid transfer fees, often 1%–3% of the sale price. Here’s how each formula works and what sellers should expect.

A building’s financials can signal future costs. Here’s what to check: reserves, mortgages, arrears, and capital plans.

New York requires a real estate attorney at closing. Here’s what they review, what it costs, and how to choose one who protects your deal.

One Morningside Park (321 West 110 Street) is a top-heavy, Yield-Oriented new development currently trapped in a punishing price normalization phase.

NYC contingencies can protect your 10% deposit. Here’s how mortgage, funding, and appraisal contingencies differ and when waiving them makes sense.

NYC townhouses offer freedom: no board or sublet rules. But you own every system, inspection, insurance, and repair. Key diligence matters.

Co-op boards rarely explain rejections. Common triggers: low liquidity, high DTI, overpricing, or messy paperwork. Here’s how to fix each.

The NYC co-op board interview can make or break your approval. Here’s what boards ask, what they’re listening for, and answers that can sink qualified buyers.

The NYC co-op board package can exceed 100 pages. Here’s the complete document checklist and preparation strategy to help get your application approved.

Buyer commission rebates are legal in NY and often non-taxable. Learn how rebates work post-NAR, their value, and key rules to watch.

Soha 118 is an appreciation-driven postwar condo with strong long-term wealth compounding, but it punishes investors who need liquidity.

Paying all-cash in NYC can lower closing costs, eliminate mortgage recording tax, speed up deals, and strengthen offers. See when financing wins.

In NYC new developments, sponsors often shift transfer taxes to buyers. In a soft market, ask to negotiate them as part of your offer.

Buying a NYC new development condo means sponsor contracts, offering plans, and 5%–6%+ closing costs. Here’s what buyers need to know.

The REBNY Financial Statement summarizes your assets, liabilities, and income. Here’s a line-by-line guide to completing it correctly.

NYC condo offers aren’t binding until the contract is signed. A complete, well-prepared offer can help you stand out without overpaying.

Co-op buyers in NYC typically pay 1%–2% in closing costs vs. 3%–4%+ for condos due to the difference in legal structure.

NYC mortgage recording tax is 1.8%–1.925% on condo/house loans; co-ops are exempt. CEMA can help reduce the tax.

Post-closing liquidity is the cash and liquid assets left after closing. NYC co-op boards typically require 1–2 years of housing expenses in reserves.

NYC co-op boards often require 20%+ down, 25%–30% debt-to-income, and 1–2 years of liquidity. Here's how to calculate what you can afford.

Buying a NYC co-op typically takes 2–3 months. Here’s the step-by-step process, from offer and financing to board approval and closing.

Co-ops cost less but have stricter rules; condos offer more freedom at a higher price. Compare costs, boards, subletting, and resale in 2026.

Buying near $1M–$5M in NYC? Learn how smart buyers navigate mansion tax cliffs legally and avoid costly mistakes or lost deals.

NYC buyer closing costs typically run 1.5%–6%, depending on property type and financing. See the full breakdown, from mansion tax to title insurance.

NYC’s mansion tax has 8 brackets from 1%–3.9%. See the full 2026 table and how the “cliff effect” can cost $5,000 over $1.

NYC’s mansion tax is a 1%–3.9% buyer closing cost on homes $1M+. Here’s how it works in 2026 and why it applies beyond mansions.

The fiscal landscape for residential property owners in New York City is defined by a multi-layered regulatory framework that encompasses municipal assessments, state-level transactional levies, and evolving federal income tax structures. For owners of condominiums and cooperative apartments, typically categorized as Tax Class 2, the complexity of these obligations is compounded by the administrative role of building boards and the "legal fiction" of cooperative ownership, wherein residents hold shares in a corporation rather than direct title to real property. Navigating the 2026-2027 tax cycle requires a precise understanding of the Department of Finance (DOF) calendar, the implications of the "One Big Beautiful Bill" (OBBB) Act on federal deductions, and the prospective impact of proposed municipal rate increases that may significantly alter annual liabilities.

The urban landscape of New York City, a complex palimpsest of historical ambition and contemporary necessity, has recently undergone its most significant regulatory transformation since the mid-20th century. At the heart of this metamorphosis is the "City of Yes" zoning initiative, a tripartite legislative strategy introduced by the Adams administration in June 2022 to modernize a zoning resolution that had remained largely stagnant since 1961. For over six decades, the city’s growth was dictated by a philosophy of rigid use separation and automobile-centric development—a framework that, by the 2020s, had become a primary driver of the city’s housing shortage, economic friction, and climate vulnerability. As of February 2026, the implementation of these reforms, bolstered by the historic November 2025 Charter revisions, has fundamentally recalibrated the power dynamics between the city's residents, investors, and developers.

Why does one NYC apartment sell for more than another? Our guide reveals the key factors that make some buildings trade at a premium, from pre-war charm to modern amenities.

What is a lease rider in NYC? Learn the difference between legal and discretionary riders and how they affect your rental. Essential reading for all NYC renters.

NYC Real Estate as an Inflation Hedge: Discover how owning property in New York City can protect your wealth from inflation. This guide for buyers, sellers, and renters explains the market's unique dynamics

Manhattan vs. Brooklyn: Where's the best place to buy or sell in 2025? Our guide breaks down key trends, prices, and opportunities in both boroughs to help you make the right move.

Unlock the secrets of NYC real estate. Our guide breaks down price per square foot (PPSF) across Manhattan neighborhoods, from Tribeca to Harlem, helping buyers and sellers find value.

The Manhattan residential real estate market in the second quarter of 2025 is a story of a powerful, but highly segmented, recovery.

LIC and Queens is something to pay attention to

Updated every week with the latest market trends in Brooklyn

Updated every week with the latest market trends in Manhattan

Welcome to the 1st week's edition of the Oct. 24 Yeo Real Estate Digest, featuring our favorite ten highlights in New York City Real Estate last month.

A long uncertainty of interest rate fluctuation is fading away. So is buyers' leverage.