Common Elements of the inium Corporation are the land and structures in the inium Corporation other than the units themselves, such as the exterior landscaped areas, recreational facilities, parking garage, hallways, elevators, corridors, public washrooms, lobby areas, driveways, garbage rooms, electrical ...
Should I Buy a Coop or Condo in NYC? If you prioritize affordability and community, a co-op might suit you. However, if you prefer fewer restrictions and higher resale value, a condo could be the better option. Working with a real estate agent can help you navigate the nuances of both property types in NYC.
Kitchen appliances within the units are not considered part of the common elements of a inium project since they are typically owned and maintained by individual unit owners. Swimming pools and greenbelt areas are examples of common elements as they are shared facilities within the inium project.
(NerdWallet) – An ongoing boom in apartment construction has helped slow down rental inflation — but renters shouldn't expect prices to drop dramatically from their pandemic-padded highs. That means affordability will remain the dominant narrative in rental housing in 2024.
Manhattan condo prices sharply declined from the end of 2023 until the first quarter of 2024 due to rising inventory and a shift in market conditions. While prices have started to recover, they remain below 2018 levels. A combination of post-pandemic factors, including a surge in available listings, drives this change.
Upon application made in ance with the requirements of this section, the Department of Law may, in its discretion, issue a "no-action letter" stating that it will not take enforcement action based on the transaction described in the application occurring without the filing of an offering plan pursuant to section ...
An individual or entity who is not certain whether a particular product, service, or action would constitute a violation of the federal securities laws may request a "no-action" letter from the SEC staff.
action letter may be issued where the Department of Law determines that the filing of an offering plan pursuant to General Business Law section 352e is not necessary to effectuate the purposes of General Business Law article 23A or to protect the public interest.
Inium common areas are community spaces that residents can access within the neighbourhood. These areas are available to all homeowners for use and enjoyment. While all iniums are unique and offer different amenities, some common area examples include: Swimming pools.