All about NYC Real Estate

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Teresa Alessandro Teresa Alessandro

Women in Real Estate then and now...

Teresa Alessandro and Dena Zarra of COMPASS in Greenwich Connecticut often times service clients moving between Manhattan and Greenwich. Women in real estate are always spearheading the changes needed to service buyers and seller.

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Teresa Alessandro Teresa Alessandro

Safer Buildings = Lower Interest Rates

SWARMP stands for "Safe with a Repair and Maintenance Program". It's a building classification in New York City's Facade Inspection and Safety Program (FISP) that indicates a building's exterior walls are safe but need repairs or maintenance to prevent them from becoming unsafe in the next five years. Unsafe buildings means your interest rate could be higher.

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Teresa Alessandro Teresa Alessandro

Townhouse Transactions

The bulk of our transactions in NYC pertain to co-op apartments, (which are not considered actual real estate, but rather stock shares in a corporation) and condominium apartments (which are considered real property). Co-op and condo transactions have many similarities in terms of contract negotiations, due diligence and banking regulations. However, there is a third, less common, but highly coveted type of real estate transaction- THE TOWNHOUSE.

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