Companies seek new office buildings, shun ‘aging’ ones! This has led to an uptick in the default rate for CMBS backed by ‘buildings with large vacancies and insufficient cash flow to pay back their debt’! The default rate in December hit 2.53%, up from 1.81% in November. Compounding the problem is the fact that companies […]
Tips for Renting an Apartment… For those willing to pull the apartment rental trigger at the beginning of the Covid pandemic, when it looked like New York City was finished and landlords were desperate, great deals were possible although at most they would last two years. Now it’s not that easy, and an article in […]
For anyone about to hunt for their first NYC apartment rental or for an apartment renting veteran, some advice from an article at Thrillist.com on common mistakes to avoid! Thrillist.com columnist Melanie Lieberman ‘spoke to a number of New York City real estate pros — licensed agents and other authorities on the city’s rental market […]
Beginning September 12, 2016 and running through December 12, 2016, NYC under certain conditions is offering amnesty for ECB violations that are in judgement! These are some of the most frequently asked questions and explanations. Forgiving Fines: The NYC Amnesty Program Frequently Asked Questions 1. What is “Forgiving Fines: The NYC Amnesty Program”? It’s a […]
On September 29, 2016 21 designers will be showing-off their creative style at a new construction home in Saddle River, New Jersey! If you own a company or manage the marketing and business development for one, the ShowHouse For Heroes 2016 offers a phenomenal opportunity! What: Designer ShowHouse For Heroes in Saddle River, New Jersey 07458 When: September […]
For Hallmark Abstract Service there is nothing more important than the complete satisfaction of our clients and the total protection that our title insurance services provides to them. In a commercial or residential real estate transaction that may represent one of largest, if not the largest, investment that an individual, family or business entity will […]
We are extremely happy to announce that Hallmark Abstract Service is once again nominated in the New York Law Journal Reader Rankings for the category, Best Title Agency! If you are a lawyer (regardless of specialty or location), part of legal support staff or some other type of legal industry personnel, you are eligible to vote. Naturally, Hallmark Abstract Service […]
Summary: NYC Ultra-Luxury Residential Real Estate Market Targeted At The Superrich Getting Soft? Has the market reached a tipping point or is this merely the pause that refreshes? Is the sky staying right where it’s supposed to be but the prices for apartments located there certainly seem, shall we say, soft? In-other-words, in terms of the ultra-expensive listings […]
These are the veterans who have sacrificed so much so that each and every day we can live, enjoy and pursue the American dream! Many combat veterans are suffering with physical injuries that are clearly visible while many more are suffering with debilitating injuries not able to be seen by the naked eye. These include PTSD (post-traumatic stress […]
For someone in New York buying a home, commercial property or who may be refinancing a mortgage, all title insurance is NOT created equal! As a quick primer title insurance is backward looking, purchased for the purpose of protecting owners of real property and the lender that may have provided financing. Title insurance ensures the fact that when a buyer/mortgage refinancer closes, […]
