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What You Need to Know About Equal Housing Law

Earlier this month, Newsweek released the disheartening results of a 3-year undercover study. The study focused on real estate agents and brokers across the Long Island area, and found that while these agents may be “all smiles” with some buyers, they would nevertheless treat people of color differently from white people. Only two agencies, The…

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In the News: Condo Owners Can Remain Anonymous After All

A few weeks ago the Long Island real estate market went into an uproar over a new law which required LLCs to disclose the names and addresses of everyone involved in owning a property, including condos. A few days ago, the State Tax Department reversed its stance, excluding condos from the reporting requirement. Instead, the…

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Tips for Long Island Co-Owners

There are a lot of reasons why people become the co-owners of a property, including inheritance. And when everyone wants the same thing, co-ownership runs as smoothly as any other kind of ownership. But when someone wants out, things can get messy. Which means no matter why you’ve become a co-owner, it pays to be…

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In The News: Landlords Challenge Constitutionality of Rent Control

Spurred by recent changes in New York state law that offer tenants an unprecedented level of protection from rent hikes and destabilization efforts, some landlords have launched a lawsuit they hope will go all the way to the Supreme Court. Battles over the law and its effects have been divisive. Landlords feel it has dismantled…

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5 Smart Things to Do If You Inherit Property on Long Island

Inheriting a property is often a bittersweet proposition for more than one reason. The most obvious is that you’ve lost a loved one. The less obvious reason is that while inheriting property can represent a windfall, it also adds a lot of complications you may not have been prepared to deal with. It’s important to…

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What Are The Differences Between a Co-op and a Condo?

Here in Long Island many people have the option of either purchasing a condominium or getting involved with a co-op. When you’re trying to decide how you’re going to spend your real estate money it’s vital for you to know the difference between the two. Each type of property comes with its own expenses and…

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What Landlords Need to Know About Subleasing

Subleasing is a sticky subject with many landlords. It can feel like a risk. You go through all the work of vetting a tenant, only for some third party to get involved. But residential landlords on Long Island can’t deny tenants the right to sublet. At least, not if you have more than four units.…

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