New Construction costs (in Gowanus and elsewhere)
Mukul Lalchandani is a great broker in New York City who often works with new construction condos. He and I were discussing closing costs, etc., when purchasing and how crazy the market is (yes, this...
View ArticleDaniel Gershburg meets the Bamberger Group
I recently spoke with Murray Hill’s real estate brokerage, The Bamberger Group, to discuss the challenges facing first time buyers and sellers, and how to better understand the culture of a...
View ArticleRental Brokers in NYC and the commoditization of Real Estate
Last week, New York State regulators issued “guidance” that essentially forbids rental brokers in NYC from charging tenants a commission for their services. While people are screaming bloody murder,...
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Coronavirus spread severely restricts access to Bankruptcy Courts in NYC
New directives from Courts about who may enter the Courthouse Emails went out today from both the Southern District of New York and the for the Eastern District of New York, establishing guidelines...
View ArticleCoronavirus Bankruptcy: Should I Consider Filing for Chapter 7 Bankruptcy?
Coronavirus bankruptcy? Attorney Daniel Gershburg discusses bankruptcy during the coronavirus pandemic. Coronavirus Bankruptcy Considerations The coronavirus has changed the way we live, it’s changed...
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Chapter 7 vs Chapter 13 in New York
Sometimes, despite their best efforts, New Yorkers find themselves in serious debt. Even after intense budgeting, credit counseling, and downsizing from a home to an apartment, they’re barely able to...
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How to file for Bankruptcy in NY
From credit cards and mortgages to student loans and medical bills, people are carrying more debt now than at any other time in history. According to a 2019 consumer debt study by Experian, the...
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Should I File for Bankruptcy?
Should I File for Bankruptcy? On June 18, the New York Times warned that what it called a “wave of small business bankruptcies” could be expected over the next six months. It referenced a poll by the...
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Wage Garnishment Facts
How Do I Stop a Wage Garnishment in NY? When you’re dealing with an overwhelming debt load, you can be put in the position where you have to decide between paying the rent and covering your credit...
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NY Bankruptcy Means Test
When you’re overwhelmed by debt, Chapter 7 bankruptcy allows you to start over financially. In exchange for surrendering any non-exempt property, you receive a discharge from unsecured debts like...
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