by Victor Jung | Apr 27, 2024 | Victor Jung
The 421a tax abatement is a significant fiscal tool designed to stimulate residential development in New York City. It was established to encourage the construction of new multifamily housing and to foster the provision of affordable housing units. Through this...
by Victor Jung | Apr 1, 2023 | Real Estate
The NYC Guaranty Law The City of New York passed the Guaranty Law, which made “guaranty clauses” in commercial leases unenforceable for unpaid rent between March 7, 2020 and June 30, 2021. Plaintiffs Elias Bochner and his business, 287 7th Avenue Realty...
by Victor Jung | Feb 1, 2023 | Real Estate, Tiny House
Tiny House Movement: Historical Perspective Tiny houses are a growing trend in the world of housing, with more and more people choosing to downsize and simplify their lives. But where did the tiny house movement come from? And why is it becoming increasingly popular?...
by Victor Jung | Jan 7, 2023 | Business, Financing, Real Estate
Off-Market Deals If you’re like most people, you probably have a vision of what your dream home looks like. How to Fund and Analyze Off-Market Deals? You know that it will have the perfect design, location and amenities; it’ll be perfect for entertaining...
by Victor Jung | Jan 5, 2023 | Business, Financing, Real Estate, Victor Jung
A popular and profitable residential real estate investment is multifamily housing. Multifamily housing can be an excellent choice for investors looking to diversify their portfolios or for a good investment that will provide consistent returns and protect your assets...