In this I&apos;m breaking down the surprising truth about co-ops versus condos in New York City real estate. While co-ops are known as the more affordable option with lower purchase prices, I&apos;ll show you the shocking math that reveals they actually require MORE income and cash on hand than their pricier condo counterparts. Through a detailed side-by-side comparison of a $1M co-op and $1.25M condo, I&apos;ll expose how co-op down payment requirements, debt-to-income ratios, and post-closing liquidity demands dramatically change the affordability equation. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with Christina: Instagram: <a href='https://www.instagram.com/christina.kremidas'>https://www.instagram.com/christina.kremidas</a> TikTok: <a href='https://www.tiktok.com/@christina.kremidas'>https://www.tiktok.com/@christina.kremidas</a> Check out my website: <a href='https://christinakremidas.com/'>https://christinakremidas.com/</a> Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: <a href='https://christinakremidas.com/home-valuation'>https://christinakremidas.com/home-valuation</a> The Virtual Agent Experience: <a href='https://christinakremidas.com/virtual-agent'>https://christinakremidas.com/virtual-agent</a> Timestamps 0:00 &quot;The co-op math ain&apos;t mathing&quot; 1:19 Setting up the comparison: $1M co-op vs. $1.25M condo 3:47 Breaking down financing options and down payment requirements 6:19 Analyzing debt-to-income ratio requirements 9:29 Calculating income requirements  11:52 Post-closing liquidity requirements  14:14 Comparing closing costs  16:22 Co-op requires $200K more cash and $30K higher income

<description>&lt;p&gt;In this I&amp;apos;m breaking down the surprising truth about co-ops versus condos in New York City real estate. While co-ops are known as the more affordable option with lower purchase prices, I&amp;apos;ll show you the shocking math that reveals they actually require MORE income and cash on hand than their pricier condo counterparts. &lt;br/&gt;&lt;br/&gt;Through a detailed side-by-side comparison of a $1M co-op and $1.25M condo, I&amp;apos;ll expose how co-op down payment requirements, debt-to-income ratios, and post-closing liquidity demands dramatically change the affordability equation.&lt;br/&gt;&lt;br/&gt;About the Host:&lt;br/&gt;Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&amp;apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. &lt;br/&gt;&lt;br/&gt;Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives.&lt;br/&gt;&lt;br/&gt;Get in touch with Christina:&lt;br/&gt;Instagram: &lt;a href='https://www.instagram.com/christina.kremidas'&gt;https://www.instagram.com/christina.kremidas&lt;/a&gt;&lt;br/&gt;TikTok: &lt;a href='https://www.tiktok.com/@christina.kremidas'&gt;https://www.tiktok.com/@christina.kremidas&lt;/a&gt;&lt;br/&gt;Check out my website: &lt;a href='https://christinakremidas.com/'&gt;https://christinakremidas.com/&lt;/a&gt;&lt;br/&gt;Email me: Christina.Kremidas@elliman.com&lt;br/&gt;&lt;br/&gt;What Is Your Property Worth?: &lt;a href='https://christinakremidas.com/home-valuation'&gt;https://christinakremidas.com/home-valuation&lt;/a&gt;&lt;br/&gt;The Virtual Agent Experience: &lt;a href='https://christinakremidas.com/virtual-agent'&gt;https://christinakremidas.com/virtual-agent&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;Timestamps&lt;br/&gt;&lt;br/&gt;0:00 &amp;quot;The co-op math ain&amp;apos;t mathing&amp;quot;&lt;br/&gt;1:19 Setting up the comparison: $1M co-op vs. $1.25M condo&lt;br/&gt;3:47 Breaking down financing options and down payment requirements&lt;br/&gt;6:19 Analyzing debt-to-income ratio requirements&lt;br/&gt;9:29 Calculating income requirements &lt;br/&gt;11:52 Post-closing liquidity requirements &lt;br/&gt;14:14 Comparing closing costs &lt;br/&gt;16:22 Co-op requires $200K more cash and $30K higher income&lt;/p&gt;</description>

In this I'm breaking down the surprising truth about co-ops versus condos in New York City real estate. While co-ops are known as the more affordable option with lower purchase prices, I'll show you the shocking math that reveals they actually require MORE income and cash on hand than their pricier condo counterparts.   Through a detailed side-by-side comparison of a $1M co-op and $1.25M condo, I'll expose how co-op down payment requirements, debt-to-income ratios, and post-closing liquidity ...

Co-op Requirements vs Condo Freedom

In this episode of Real Estate Investing in New York, I&apos;m thrilled to sit down with the remarkable Michael Liebowitz, CEO of Douglas Elliman Real Estate, whose journey from Staten Island to leading one of the most prestigious luxury real estate brands is nothing short of inspirational. Michael&apos;s genuine approach to business, from trusting his gut on a game-changing insurance deal to manifesting success through visualization, showcases why he&apos;s not just a brilliant business mind, but truly one of the most down-to-earth leaders I&apos;ve encountered. About the Guest: Michael Liebowitz serves as the President and Chief Executive Officer of Douglas Elliman and as a member of our Board of Directors. Mr. Liebowitz is an entrepreneur, private investor, and seasoned business executive with extensive experience founding, acquiring, and monetizing businesses in the insurance and financial industries. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with Christina: Instagram: <a href='https://www.instagram.com/christina.kremidas'>https://www.instagram.com/christina.kremidas</a> TikTok: <a href='https://www.tiktok.com/@christina.kremidas'>https://www.tiktok.com/@christina.kremidas</a> Check out my website: <a href='https://christinakremidas.com/'>https://christinakremidas.com/</a> Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: <a href='https://christinakremidas.com/home-valuation'>https://christinakremidas.com/home-valuation</a> The Virtual Agent Experience: <a href='https://christinakremidas.com/virtual-agent'>https://christinakremidas.com/virtual-agent</a> Timestamps 0:00 Michael Liebowitz Introduction 3:03 Michael&apos;s humble beginnings and background 9:10 The insurance transaction story that put Michael on the map, 17:38 Douglas Elliman&apos;s brand positioning in the high-end luxury real estate market 28:55 Achieving exclusivity with major companies like General Motors, Goldman Sachs, and JP Morgan 39:15 Michael&apos;s perspective on leadership intuition 43:52 The future of the real estate industry and AI technology 47:27 Michael&apos;s forecast for the 2025 residential real estate market 50:01 Michael&apos;s beliefs on visualization, manifestation, and the importance of personal development for success

<description>&lt;p&gt;In this episode of Real Estate Investing in New York, I&amp;apos;m thrilled to sit down with the remarkable Michael Liebowitz, CEO of Douglas Elliman Real Estate, whose journey from Staten Island to leading one of the most prestigious luxury real estate brands is nothing short of inspirational. Michael&amp;apos;s genuine approach to business, from trusting his gut on a game-changing insurance deal to manifesting success through visualization, showcases why he&amp;apos;s not just a brilliant business mind, but truly one of the most down-to-earth leaders I&amp;apos;ve encountered.&lt;br/&gt;&lt;br/&gt;About the Guest:&lt;br/&gt;Michael Liebowitz serves as the President and Chief Executive Officer of Douglas Elliman and as a member of our Board of Directors. Mr. Liebowitz is an entrepreneur, private investor, and seasoned business executive with extensive experience founding, acquiring, and monetizing businesses in the insurance and financial industries. &lt;br/&gt;&lt;br/&gt;About the Host:&lt;br/&gt;Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&amp;apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. &lt;br/&gt;&lt;br/&gt;Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives.&lt;br/&gt;&lt;br/&gt;Get in touch with Christina:&lt;br/&gt;Instagram: &lt;a href='https://www.instagram.com/christina.kremidas'&gt;https://www.instagram.com/christina.kremidas&lt;/a&gt;&lt;br/&gt;TikTok: &lt;a href='https://www.tiktok.com/@christina.kremidas'&gt;https://www.tiktok.com/@christina.kremidas&lt;/a&gt;&lt;br/&gt;Check out my website: &lt;a href='https://christinakremidas.com/'&gt;https://christinakremidas.com/&lt;/a&gt;&lt;br/&gt;Email me: Christina.Kremidas@elliman.com&lt;br/&gt;&lt;br/&gt;What Is Your Property Worth?: &lt;a href='https://christinakremidas.com/home-valuation'&gt;https://christinakremidas.com/home-valuation&lt;/a&gt;&lt;br/&gt;The Virtual Agent Experience: &lt;a href='https://christinakremidas.com/virtual-agent'&gt;https://christinakremidas.com/virtual-agent&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;Timestamps&lt;br/&gt;&lt;br/&gt;0:00 Michael Liebowitz Introduction&lt;br/&gt;3:03 Michael&amp;apos;s humble beginnings and background&lt;br/&gt;9:10 The insurance transaction story that put Michael on the map,&lt;br/&gt;17:38 Douglas Elliman&amp;apos;s brand positioning in the high-end luxury real estate market&lt;br/&gt;28:55 Achieving exclusivity with major companies like General Motors, Goldman Sachs, and JP Morgan&lt;br/&gt;39:15 Michael&amp;apos;s perspective on leadership intuition&lt;br/&gt;43:52 The future of the real estate industry and AI technology&lt;br/&gt;47:27 Michael&amp;apos;s forecast for the 2025 residential real estate market&lt;br/&gt;50:01 Michael&amp;apos;s beliefs on visualization, manifestation, and the importance of personal development for success&lt;/p&gt;</description>

In this episode of Real Estate Investing in New York, I'm thrilled to sit down with the remarkable Michael Liebowitz, CEO of Douglas Elliman Real Estate, whose journey from Staten Island to leading one of the most prestigious luxury real estate brands is nothing short of inspirational. Michael's genuine approach to business, from trusting his gut on a game-changing insurance deal to manifesting success through visualization, showcases why he's not just a brilliant business mind, but truly one...

Douglas Elliman CEO Shares Secrets To Success in Real Estate and Life

Jonathan Movtady graduated from the University of Florida in 3 short years with a Bachelor of  Arts in Business Administration. He also studied International Business, while living abroad, at Universitat Autonoma de Barcelona.  After that, he earned a Juris Doctor at the University of Miami School of Law.   Shortly thereafter, Jonathan was admitted to the New York &amp; New Jersey Bars in early 2011. Jonathan has been practicing Real Estate Law ever since.  ClAbout the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with Christina: Instagram: <a href='https://www.instagram.com/christina.kremidas'>https://www.instagram.com/christina.kremidas</a> TikTok: <a href='https://www.tiktok.com/@christina.kremidas'>https://www.tiktok.com/@christina.kremidas</a> Check out my website: <a href='https://christinakremidas.com/'>https://christinakremidas.com/</a> Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: <a href='https://christinakremidas.com/home-valuation'>https://christinakremidas.com/home-valuation</a> The Virtual Agent Experience: <a href='https://christinakremidas.com/virtual-agent'>https://christinakremidas.com/virtual-agent</a> Timestamps  0:00 Jonathan Movtady Introduction 5:49 What due diligence entails 8:13 Analyzing building financials 14:11 Key factors in building financial health and detecting warning signs 21:11 Special considerations for new development buildings and litigation risks 28:28 Consequences of inadequate due diligence and potential financial impact 31:00 Christina&apos;s personal story of poor due diligence experience 50:22 Sponsor ownership concerns and important questionnaire topics

<description>&lt;p&gt;Jonathan Movtady graduated from the University of Florida in 3 short years with a Bachelor of  Arts in Business Administration. He also studied International Business, while living abroad, at Universitat Autonoma de Barcelona.  After that, he earned a Juris Doctor at the University of Miami School of Law.   Shortly thereafter, Jonathan was admitted to the New York &amp;amp; New Jersey Bars in early 2011. Jonathan has been practicing Real Estate Law ever since.  Cl&lt;/p&gt;&lt;p&gt;About the Host:&lt;br/&gt;Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&amp;apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. &lt;br/&gt;&lt;br/&gt;Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives.&lt;br/&gt;&lt;br/&gt;Get in touch with Christina:&lt;br/&gt;Instagram: &lt;a href='https://www.instagram.com/christina.kremidas'&gt;https://www.instagram.com/christina.kremidas&lt;/a&gt;&lt;br/&gt;TikTok: &lt;a href='https://www.tiktok.com/@christina.kremidas'&gt;https://www.tiktok.com/@christina.kremidas&lt;/a&gt;&lt;br/&gt;Check out my website: &lt;a href='https://christinakremidas.com/'&gt;https://christinakremidas.com/&lt;/a&gt;&lt;br/&gt;Email me: Christina.Kremidas@elliman.com&lt;br/&gt;&lt;br/&gt;What Is Your Property Worth?: &lt;a href='https://christinakremidas.com/home-valuation'&gt;https://christinakremidas.com/home-valuation&lt;/a&gt;&lt;br/&gt;The Virtual Agent Experience: &lt;a href='https://christinakremidas.com/virtual-agent'&gt;https://christinakremidas.com/virtual-agent&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;Timestamps &lt;br/&gt;&lt;br/&gt;0:00 Jonathan Movtady Introduction&lt;br/&gt;5:49 What due diligence entails&lt;br/&gt;8:13 Analyzing building financials&lt;br/&gt;14:11 Key factors in building financial health and detecting warning signs&lt;br/&gt;21:11 Special considerations for new development buildings and litigation risks&lt;br/&gt;28:28 Consequences of inadequate due diligence and potential financial impact&lt;br/&gt;31:00 Christina&amp;apos;s personal story of poor due diligence experience&lt;br/&gt;50:22 Sponsor ownership concerns and important questionnaire topics&lt;/p&gt;</description>

Jonathan Movtady graduated from the University of Florida in 3 short years with a Bachelor of  Arts in Business Administration. He also studied International Business, while living abroad, at Universitat Autonoma de Barcelona.  After that, he earned a Juris Doctor at the University of Miami School of Law.   Shortly thereafter, Jonathan was admitted to the New York &amp; New Jersey Bars in early 2011. Jonathan has been practicing Real Estate Law ever since.  Cl About the Ho...

What Your Real Estate Attorney Should Be Asking

Welcome back to Real Estate Investing in New York with me, Christina Kremidas. In this episode, we are talking about how to maximize your property&apos;s value by leveraging the appraisal, a critical part of the purchase and sale process that can make or break your transaction in the competitive New York market. About the Host:Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with Christina: Instagram: <a href='https://www.instagram.com/christina.kremidas'>https://www.instagram.com/christina.kremidas</a> TikTok: <a href='https://www.tiktok.com/@christina.kremidas'>https://www.tiktok.com/@christina.kremidas</a> Check out my website: <a href='https://christinakremidas.com/'>https://christinakremidas.com/</a> Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: <a href='https://christinakremidas.com/home-valuation'>https://christinakremidas.com/home-valuation</a> The Virtual Agent Experience: <a href='https://christinakremidas.com/virtual-agent'>https://christinakremidas.com/virtual-agent</a> Timestamps 0:00 Andrew Goodman of Gotham Valuation Introduction 1:46 What an appraisal is and its importance in the mortgage process 3:34 When sellers or buyers should proactively call an appraiser before the bank does 7:39 Personal bias in appraisals versus market reactions to property features 9:49 Using appraisals strategically in negotiations to provide reality checks on pricing 12:34 What to do when an appraisal comes in under the contract price 21:54 The law of diminishing returns on renovations  27:02 How outdoor space affects property value  31:21 The impact of views on property value 35:03 Duplex apartments and how they impact property value 37:45 The value of ceiling height in apartments  39:17 Whether adding bedrooms or bathrooms increases property value 42:03 Impact of building amenities on property value, especially in remote locations 44:20 How subway proximity affects property values in different neighborhoods 47:41 Considerations for land lease buildings 50:53 The value of in-unit laundry versus building laundry facilities 57:11 Limitations of using price per square foot as a valuation metric Disclaimer: All information provided by Christina Kremidas and/or Douglas Elliman is furnished strictly for educational and entertainment purposes only. Christina Kremidas is licensed in the State of New York. Some concepts discussed here may not be relevant in other states. The principles covered here are general statements, every concept mentioned here may not be applicable to you. Christina Kremidas/Douglas Elliman is not making any legal or financial recommendations. You agree that use of the information contained in any content provided by Christina Kremidas and/or Douglas Elliman is at your own risk.

<description>&lt;p&gt;Welcome back to Real Estate Investing in New York with me, Christina Kremidas. In this episode, we are talking about how to maximize your property&amp;apos;s value by leveraging the appraisal, a critical part of the purchase and sale process that can make or break your transaction in the competitive New York market.&lt;br/&gt;&lt;br/&gt;About the Host:&lt;/p&gt;&lt;p&gt;Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&amp;apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. &lt;br/&gt;&lt;br/&gt;Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives.&lt;br/&gt;&lt;br/&gt;Get in touch with Christina:&lt;br/&gt;Instagram: &lt;a href='https://www.instagram.com/christina.kremidas'&gt;https://www.instagram.com/christina.kremidas&lt;/a&gt;&lt;br/&gt;TikTok: &lt;a href='https://www.tiktok.com/@christina.kremidas'&gt;https://www.tiktok.com/@christina.kremidas&lt;/a&gt;&lt;br/&gt;Check out my website: &lt;a href='https://christinakremidas.com/'&gt;https://christinakremidas.com/&lt;/a&gt;&lt;br/&gt;Email me: Christina.Kremidas@elliman.com&lt;br/&gt;&lt;br/&gt;What Is Your Property Worth?: &lt;a href='https://christinakremidas.com/home-valuation'&gt;https://christinakremidas.com/home-valuation&lt;/a&gt;&lt;br/&gt;The Virtual Agent Experience: &lt;a href='https://christinakremidas.com/virtual-agent'&gt;https://christinakremidas.com/virtual-agent&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;Timestamps&lt;br/&gt;&lt;br/&gt;0:00 Andrew Goodman of Gotham Valuation Introduction&lt;br/&gt;1:46 What an appraisal is and its importance in the mortgage process&lt;br/&gt;3:34 When sellers or buyers should proactively call an appraiser before the bank does&lt;br/&gt;7:39 Personal bias in appraisals versus market reactions to property features&lt;br/&gt;9:49 Using appraisals strategically in negotiations to provide reality checks on pricing&lt;br/&gt;12:34 What to do when an appraisal comes in under the contract price&lt;br/&gt;21:54 The law of diminishing returns on renovations &lt;br/&gt;27:02 How outdoor space affects property value &lt;br/&gt;31:21 The impact of views on property value&lt;br/&gt;35:03 Duplex apartments and how they impact property value&lt;br/&gt;37:45 The value of ceiling height in apartments &lt;br/&gt;39:17 Whether adding bedrooms or bathrooms increases property value&lt;br/&gt;42:03 Impact of building amenities on property value, especially in remote locations&lt;br/&gt;44:20 How subway proximity affects property values in different neighborhoods&lt;br/&gt;47:41 Considerations for land lease buildings&lt;br/&gt;50:53 The value of in-unit laundry versus building laundry facilities&lt;br/&gt;57:11 Limitations of using price per square foot as a valuation metric&lt;/p&gt;&lt;p&gt;&lt;br/&gt;&lt;/p&gt;&lt;p&gt;Disclaimer: All information provided by Christina Kremidas and/or Douglas Elliman is furnished strictly for educational and entertainment purposes only. Christina Kremidas is licensed in the State of New York. Some concepts discussed here may not be relevant in other states. The principles covered here are general statements, every concept mentioned here may not be applicable to you. Christina Kremidas/Douglas Elliman is not making any legal or financial recommendations. You agree that use of the information contained in any content provided by Christina Kremidas and/or Douglas Elliman is at your own risk.&lt;/p&gt;</description>

Welcome back to Real Estate Investing in New York with me, Christina Kremidas. In this episode, we are talking about how to maximize your property's value by leveraging the appraisal, a critical part of the purchase and sale process that can make or break your transaction in the competitive New York market.  About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience a...

Negotiating Strategically? Consider the Appraisal First.

About the Guest: Avery Reavill is an experienced deal maker in New York City working diligently for both tenants and owners. Avery’s thoughtful approach with consistent communication will give you the confidence and support needed to navigate all transactions in the commercial market. Prior to joining Okada &amp; Company, Avery worked as a Tenant Representative at Gold Properties NYC. This foundation exposed him to a variety of business owners, all facing unique challenges when searching for a space to best facilitate their growth. Avery’s proactive mindset helps deliver positive results to all his clients. About the Host: Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives. Get in touch with Christina: Instagram: <a href='https://www.instagram.com/christina.kremidas'>https://www.instagram.com/christina.kremidas</a> TikTok: <a href='https://www.tiktok.com/@christina.kremidas'>https://www.tiktok.com/@christina.kremidas</a> Check out my website: <a href='https://christinakremidas.com/'>https://christinakremidas.com/</a> Email me: Christina.Kremidas@elliman.com What Is Your Property Worth?: <a href='https://christinakremidas.com/home-valuation'>https://christinakremidas.com/home-valuation</a> The Virtual Agent Experience: <a href='https://christinakremidas.com/virtual-agent'>https://christinakremidas.com/virtual-agent</a> Timestamps 0:00 Avery Reavill introduction and background  2:52 Debunking the stigma around commercial properties and discussing current market opportunities 6:04 How banks and property owners are handling commercial real estate loans 10:11 How landlords are renovating spaces to attract new commercial tenants 15:22 How to find good commercial property deals and the importance of working with a broker 18:16 The Midtown South rezoning plan and its impact on the Garment District 27:23 Why having a commercial real estate expert on your team is valuable 43:51 Which NYC neighborhoods currently offer the best commercial real estate deals

<description>&lt;p&gt;About the Guest:&lt;br/&gt;Avery Reavill is an experienced deal maker in New York City working diligently for both tenants and owners. Avery’s thoughtful approach with consistent communication will give you the confidence and support needed to navigate all transactions in the commercial market.&lt;br/&gt;&lt;br/&gt;Prior to joining Okada &amp;amp; Company, Avery worked as a Tenant Representative at Gold Properties NYC. This foundation exposed him to a variety of business owners, all facing unique challenges when searching for a space to best facilitate their growth. Avery’s proactive mindset helps deliver positive results to all his clients.&lt;br/&gt;&lt;br/&gt;About the Host:&lt;br/&gt;Christina Kremidas is a lifelong New Yorker who brings her extensive background in advertising to her successful real estate career in Manhattan. Her personal experience as a property investor and landlord in New York City gives her unique insight into her client&amp;apos;s needs, while her negotiation expertise and market knowledge have quickly established her as a top-performing agent, ranking among the top 1.5% of licensed Agents in the United States for Sales Volume and among the Top 10 highest producing Small Teams at Douglas Elliman Real Estate. &lt;br/&gt;&lt;br/&gt;Beyond her professional achievements, Christina is deeply involved in the NYC community.  She is a founding Steward at St. Nicholas Greek Orthodox Church and National Shrine at the World Trade Center, where she serves on the Parish Council and leads social media, marketing, and young adult initiatives.&lt;br/&gt;&lt;br/&gt;Get in touch with Christina:&lt;br/&gt;Instagram: &lt;a href='https://www.instagram.com/christina.kremidas'&gt;https://www.instagram.com/christina.kremidas&lt;/a&gt;&lt;br/&gt;TikTok: &lt;a href='https://www.tiktok.com/@christina.kremidas'&gt;https://www.tiktok.com/@christina.kremidas&lt;/a&gt;&lt;br/&gt;Check out my website: &lt;a href='https://christinakremidas.com/'&gt;https://christinakremidas.com/&lt;/a&gt;&lt;br/&gt;Email me: Christina.Kremidas@elliman.com&lt;br/&gt;&lt;br/&gt;What Is Your Property Worth?: &lt;a href='https://christinakremidas.com/home-valuation'&gt;https://christinakremidas.com/home-valuation&lt;/a&gt;&lt;br/&gt;The Virtual Agent Experience: &lt;a href='https://christinakremidas.com/virtual-agent'&gt;https://christinakremidas.com/virtual-agent&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;&lt;/p&gt;&lt;p&gt;Timestamps&lt;/p&gt;&lt;p&gt;&lt;br/&gt;0:00 Avery Reavill introduction and background &lt;br/&gt;2:52 Debunking the stigma around commercial properties and discussing current market opportunities&lt;br/&gt;6:04 How banks and property owners are handling commercial real estate loans&lt;br/&gt;10:11 How landlords are renovating spaces to attract new commercial tenants&lt;br/&gt;15:22 How to find good commercial property deals and the importance of working with a broker&lt;br/&gt;18:16 The Midtown South rezoning plan and its impact on the Garment District&lt;br/&gt;27:23 Why having a commercial real estate expert on your team is valuable&lt;br/&gt;43:51 Which NYC neighborhoods currently offer the best commercial real estate deals&lt;/p&gt;</description>

About the Guest: Avery Reavill is an experienced deal maker in New York City working diligently for both tenants and owners. Avery’s thoughtful approach with consistent communication will give you the confidence and support needed to navigate all transactions in the commercial market.  Prior to joining Okada &amp; Company, Avery worked as a Tenant Representative at Gold Properties NYC. This foundation exposed him to a variety of business owners, all facing unique challenges when searching for...

NYC’s Biggest Real Estate Deal May Be Hiding in It’s Office Buildings

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Real Estate Investing in New York by Christina Kremidas

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