Risk Buyers Take When In A Hyper Competitive Residential Bidding War In today’s hyper-competitive real estate market, bidding wars are common on valuable properties. There are a few ways to resolve the problems created for buyers when competing against other buyers, as well as when multiple listings are placed on a property. Let’s take a […]
The Taking of Jetblue 1324 | Cup of Joe “We're gonna go all the way with this, take it to trial and not stop unless they cut a check that looks like a phone number!" - Lawyer for passenger forcibly restrained and removed from plane. We are live! This week’s case is about a passenger […]
PN Law Clerk James Nohavicka Explains the Supreme Court Draft Leak regarding Roe v. Wade and Planned Parenthood v. Casey.
The Teen Prisoner's Dilemma | Cup of Joe We are live! This week’s case observes first-hand the slimy underbelly of teen interrogations by law enforcement. And this week YOU will be the judge. As the assigned judge in this case, YOU will have to rule whether the arrested teen clearly asked to have his lawyer […]
Cryptocurrency & Its Effect on New York City's Co-op & Condominium Markets A rare event occurred in November 2021: For the first time, a real estate investor purchased three luxury condominium properties with cryptocurrency. The first was purchased at 385 First Ave. without traditional loan banking methods. Magnum Real Estate Group sold a $29 million, […]
The Predatory Lolita | Cup of Joe We are live! This week’s case immerses us into the dangerous side of social media and spotlights the dark side of a predatory teen’s psyche. Let’s go! Kristine was arrested when she was a teenager. She was 19 years old but looked much younger. Kristine went by another […]
Plaintiff was introduced to Defendant by Plaintiff’s Best Man, Angelo, at Angelo’s coffee shop. While chatting, Defendant mentioned his difficulty in buying or leasing a car due to a problem with his Driver’s License.
The New York real estate market has been on hold throughout the last two years, and personal and commercial sales of property have been at all-time lows. COVID-19 has created a sense of panic for investors, middle-income and elderly homeowners who are afraid to be displaced from the condos, co-ops, and private residences. Let's explore the pros and cons of the evolving disclosure scenario in the 2022 real estate market.
It seems as though the rules keep changing for Co-Op boards, making it increasingly difficult for borrowers to fully comprehend the ever changing law. Under former New York State law, reverse mortgages were only available to one to four family residences and condominiums. Now, the New York State Assembly passed a law that made borrowers eligible for reverse mortgages in Cooperative Apartments.
“911 operator, what is your emergency?”
“Uh, yeah, uh…my girlfriend…something happened…she ain’t breathing, and…uh…I don’t know what to do.”