The New York City Real Estate Blog

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The Mansion Tax in NYC: Explained

The Mansion Tax in NYC: Explained

The Mansion Tax has been a topic in the New York real estate market for some time, but if you’re jumping into the market you may wonder what it is. The Mansion Tax is a 1% surcharge that buyers must pay when purchasing residential property for over $1 million. Although $1 million is now a more appropriate price for a one or two bedroom in Manhattan than a mansion, at the time the tax was imposed the name was more reasonable.

Moving Out: 5 Tips to Save Money on Your Next Move

Moving Out: 5 Tips to Save Money on Your Next Move

These days, it seems like we’re inundated with commercials for smart appliances for our homes. From refrigerators that can tell you the weather when you ask for it, to stoves that can turn themselves on via voice command and security systems you can arm from an app on your phone, the increase of technology being woven into our daily living routine is cause for examination. All of these appliances make your life easier, sure, but can they actually increase the resale value of your home?

How Do Smart Homes Affect Real Estate Value?

How Do Smart Homes Affect Real Estate Value?

These days, it seems like we’re inundated with commercials for smart appliances for our homes. From refrigerators that can tell you the weather when you ask for it, to stoves that can turn themselves on via voice command and security systems you can arm from an app on your phone, the increase of technology being woven into our daily living routine is cause for examination. All of these appliances make your life easier, sure, but can they actually increase the resale value of your home?

The Future of Real Estate in NYC

The Future of Real Estate in NYC

With all of the changes in technology in the last few years, the way that consumers are investing in real estate and the way that companies are selling it has already changed drastically, and these trends are only expected to grow and continue through the beginning of the next decade. While many people think they know the process due to popular shows on HGTV, the truth is, the methods and strategies behind the real estate market have evolved to fit into our tech-dependent world.

"William Bolls is THE broker you want when buying and selling in Manhattan"

“William Bolls is THE broker you want when buying and selling in Manhattan. He is a wealth of knowledge and really takes the time to make sure you understand the process and are getting exactly what you want. I can’t recommend him highly enough, and send him to anyone I know looking to buy and sell, especially the UWS.”

Sarah S.

"William was able to find me my perfect first apartment in Manhattan"

William was able to find me my perfect first apartment in Manhattan and then 5 years later he guided me seamlessly through the sale. William was always friendly and responsive and he answered every one of my random texts! He is a genuine pleasure to work with!

Edward H.

"“I can't imagine purchasing a property in New York City without William"

I can’t imagine purchasing a property in New York City without William. As an out-of-town buyer, we faced additional challenges when we decided to buy an apartment in the city. As cliched as it sounds, William truly made us feel like his only clients. It’s not a simple process and we required a decent amount of hand-holding. He was there for us every step of the way, even anticipating a lot of our concerns. One of the most valuable characteristics of a good agent is responsiveness. Any time we contacted William–and it was often–he responded quickly and completely. William will definitely be our agent on future transactions.

Tim M.

"The market was tough, but William stuck with it and brought it home"

I worked with William over a lengthy period, trying to sell a lobby level doctor’s office in a residential co-op building on the upper west side. The market was tough, but William stuck with it and brought it home. He showed patience and was always straightforward, honest and friendly throughout the process. Definitely 5 star.

Matt R.

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The Corcoran Group is dedicated to personally delivering the best guidance in real estate world. For the finest Upper West Side expertise contact William Bolls.