For New Yorkers, Being #1 Is Not Always The Best!

New York State, according to research at WealthManagement.com, is #1 among the 50 states in the tax burden on its residents! As the owner of a title insurance company I am obviously concerned with the health of the New York State real estate market. The levy of property taxes are always in focus, as are […]

PSA: Beware of the “Copyright Infringement Troll”​!

A Copyright Infringement PSA To Avoid The ‘Copyright Infringement Troll’! In December 2016 I wrote a public interest story in the Hallmark Abstract Service blog titled ‘Carnegie Deli Closing! Are New York’s Jewish Delis An Endangered Species?’, as sadly it seemed that fewer and fewer were left in New York City. As the owner of a […]

New York City Real Estate: Does The Pandemic Present A Buying Opportunity?

NYC real estate on sale

While New York City is in the infancy of coronavirus Phase 2, the impact of the pandemic on the NYC economy has been stark and highly visible! This includes the large number of boarded-up stores lining the streets, and the dearth of any car/foot traffic on those same streets! The current state of the NYC […]

Buying a Home in New York? What You Don’t Know Can Hurt (Cost) You!

Shopping for a home entails many factors that need to be considered, including financial, personal preferences, practicality, objectivity and realism! While we all have visions in our minds about the ‘perfect’ home, limitations can sometimes get in the way forcing compromise. Regardless, the process of home buying as described by various websites, for the most part covers […]

For Real Estate Transactions in New York City, There’s a New Process for Acquiring Water Bill Information

For the buyers and sellers of real estate in New York City, the responsibility for acquiring the information concerning a property’s water bill, normally that of the buyers title insurance provider, will now be arranged and paid for by the property owner! These are the details provided by the New York State Land Title Association… NYC DEP Water […]

Stop Property Thieves From Stealing Your Home in New York City, Nassau County or Suffolk County…For Free!

No-Cost Alternative for Avoiding Home Title Fraud in New York City, Nassau County or Suffolk County! You’ve seen or heard the commercials, possibly narrated by Bill O’Reilly, that extol the need to pay about $15 a month to protect your home from fraudsters who are out to put their name on your deed, steal your […]

What a Buyer of Residential Real Estate in New York City Needs to Know About the Process! (Andrew Luftig, CPL LLP)

With little to no Spring real estate selling season in New York City due to coronavirus, many experts believe that the Phase 2 economy, coming soon, will open the floodgates to an insatiable demand from homebuyers and investors! But at the same time the potential for a repricing of NYC real estate, due to a […]

Role-Playing in New York Real Estate!

The Role of Hallmark Abstract Service is Straightforward! Straightforward in terms of the end result leading to a title insurance policy, but in the age of coronavirus the process has most definitely required a greater degree of creativity due to business and governmental closures along with the need for social distancing! As a title insurance […]

The Coronavirus Impact On New York City Commercial Real Estate – Permanent Business Closures!

Viewing the impact of coronavirus on New York City businesses from a 30,000-foot perch, we conceptually know that it is going to serious for many and terminal for others! Until the economy reaches the ‘phase’ where retail stores small and large, entertainment and sporting venues, restaurants, etc. are allowed to reopen in earnest, the number […]

The NYC and Long Island Real Estate Industry Needs Coronavirus Phase 2 In Order To Function! But…

real estate and coronavirus Phase Two

Long Island is going Phase 1 tomorrow, but what about New York City? In order to return to any semblance of normalcy, the real estate industry in the New York City/Long Island/Westchester region is anxiously waiting for Phase 2 of the coronavirus economy reopening to be implemented! So c’mon Phase 1 because, as the players and […]