Wednesday, May 19, 2010

35th and 5th Junior 1 bedroom




Located blocks away from Empire State and shopping district lies a cozy junior 1 bedroom co-op with loft nestled in the heart of midtown. A junior 1 with 24 hour doorman and laundry on every floor. Steps away from great eateries in Korea Town, shopping in Macy’s Herald Square and other retail stores in just a five minute walk. You won’t be far from many delis and shops for any last minute necessities.

As soon as you enter the apartment there's a loft that's perfect for an additional sleeping area and is large enough to fit a queen sized bed.

The living room ceilings are over 10 feet high with oversized windows bringing in plenty of natural sunlight. The living room also has a wall mounted for a separate bedroom with views of buildings nearby. Space is large enough to fit a king sized bed, desk, and dresser.

One of the best parts about this building is the amazing view of the city skyline, including a close-up view of The Empire State Building from the rooftop with patio furniture. Enjoy spring and summer days by catching a tan or enjoying a drink with friends on top of this 24 hour rooftop access.

More Info

Friday, January 8, 2010

Couples Decide to Buy Before Marriage



What traditionally started with love, marriage, and then a home, has now taken a different turn. With the extension of the First-Time Home Buyer Tax Credit and low interest rates and cheaper home prices, "almost-serious", unmarried couples have decided to purchase a home together before planning a wedding and getting hitched. An interesting article, "Come Buy With Me and Be My Love"
in the NYTimes was published recently, discussing the increase in home purchases by unmarried couples.

Sure, renting an apartment may seem like a waste when living together, and the tax benefits are overwhelmingly in favor of a buyer. It's one thing be optimistic about the future of a relationship, but unfortunately things don't always go as planned. There are great risks involved in couples buying a home together. Take an example on Trulia's message board, Trulia Voices, where a couple split up after six months into buying a house. The article points at key things to consider before "taking the leap":

• How will the title to the property be held — joint tenants, tenants in common or living trust?

• Should both our names be on the mortgage?

• Should we enter into a legal “partnership agreement” before buying the property?

• How does domestic partner registration in our state affect property ownership?

• Should each of us keep records of our individual payments — and their proportion of the total — toward the mortgage, utilities, taxes and other expenses related to the property?

• If we broke up, how easily could the property be divided?

• If one of us died, how easily could the property be distributed?

But hey, don't let that stop you from seriously considering this option. Remember, the first time tax credit is extended until the end of April.