What a Difference a Foot Makes: Encroachments, Easements, and Adverse Possession
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. While you might never think that…
3-Bedroom Upper West Side Condo Set for $1M Auction
5 ½-room, 3-bedroom, 3-bathroom 1,351-square foot condo in Upper West Side elevator building is scheduled for auction on January 23, 2019 for a lien in excess of $1 million. The auction will take place at 2:00 PM at 60 Centre Street, New York City. Unit #10F at 100 West 93rd Street on Manhattan’s Upper West…
How to Resolve A Neighborhood Fence Dispute
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients throughout the United States and around the world. In today’s litigious society,…
The Rise and Fall of the American Downtown – A Look into the Home Price Evolution of the Nation’s Urban Cores in the Decade Since the Downturn
From a city’s economic engine to the center of political and administrative power. From cultural heart and nightlife hotspot to dilapidated buildings and high crime rates. From opulent penthouse suites to derelict homes. The downtowns of American cities, both big and small, have always been dynamic places that shifted with the times. From the early…
Eight-Figure Medians and Record-Breaking Deals – These Are 2018’s Most Expensive Neighborhoods in the L.A. Area
Los Angeles and Malibu may dominate by sheer volume of expensive locations, but Beverly Hills claims 3 of the 5 priciest L.A. area neighborhoods.
What Does a Broker Need to Do to Get Their Real Estate Commission?
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients in New Jersey, Pennsylvania, Massachusetts, California, Greece, and the United Kingdom. Real…
FAQ: Securing Your Broker’s Commission
NYC-based boutique law firm Pardalis & Nohavicka brings the latest legal updates from the world of real estate to PropertyShark. Pardalis & Nohavicka handles an eclectic array of matters, representing individuals and business owners in civil litigation, criminal cases and business transactions, currently litigating and representing clients in New Jersey, Pennsylvania, Massachusetts, California, Greece, and the United Kingdom. A…
FAR – The Significance of Floor Area Ratio
Floor Area Ratio, often referred to simply as FAR, is an essential concept for anyone who is concerned with the way zoning can affect a neighborhood. Pronounced “F-A-R,” it can be challenging, but it’s important to understand. The purpose of FAR The point of FAR is to limit the size of a building in relation…
Two-Family Row House Up for Auction in Middle Village
1,720-square foot two-family home in Middle Village, Queens goes up for auction on December 14, 2018 with a $430,000 lien. The auction will take place at 10:00 AM at 88-11 Sutphin Boulevard, Jamaica, New York. 66-11 74th Street in Middle Village, Queens is a two-family home built around 1930. It was inherited by its current…
All You Need to Know About NYC’s BBL
When you know what property you are searching for, BBL offers you the simplest process of getting directly to that property. BBL stands for borough, block, and lot, and is a unique identifier for every property in New York City. The BBL consists of three numeric sequences separated by slashes. The borough is always the…
Understanding the Difference Between Market Value and Assessed Value
Though many assume that a property’s assessed value and market value are related, there is often no real correlation. This is due to the fact that they are determined in different ways and for different purposes. Understanding Market Value To put it simply, the market value of a home is the point at which the…
Two-Story Row House Up for Auction in Queens
1,120-square-foot single-family home with full basement goes to auction December 14, 2018 with a lien of $285,464. The auction will take place at 10:00 AM at 88-11 Sutphin Boulevard, Jamaica, New York. The two-story row house home at 80-20 Park Lane South in Woodhaven was purchased in 2000, with a $167,200 mortgage taken from Crossland…
3-Story Bushwick Home Heads to Auction with $1M Lien
3,900-square-foot three-families home in North Brooklyn goes to auction on December 6th, 2018 with a lien of just over $1 million. The auction will take place at 2:30 PM at 360 Adams Street, Brooklyn, New York. 1309 Gates Avenue in Brooklyn was purchased in 2007 for $815,000. First and second mortgages were taken on the…
What Are New York City Violations: HPD, DOB, ECB?
There are numerous types of violations in New York City. Three of the most common are HPD, DOB, and ECB violations. Below you will find a basic breakdown of each of these violations, what they mean, and what action should be taken. What is an HPD Violation? A Department of Housing Preservation and Development Violation,…
The Difference Between Violations and Complaints
In New York City, anyone can make a complaint about a building via anonymous call to 311 or through the online portal for 311. If the Department of Buildings (DOB) investigates the complaint, there are several potential outcomes. One of those outcomes is a formal DOB-ECB violation. Tenants and the public can make complaints for…
What Are School Attendance Zones?
A school attendance zone is an outline of where students will attend public school. They can be determined in a variety of ways, depending on the state or city to which they apply, but generally speaking they will cover elementary school, middle school or junior high, and senior high school. About attendance zones School attendance…
2,600-Square-Foot Bed-Stuy Walk-up Heads To Auction
2,675-square-foot three-family walk-up set for auction on November 29, 2018 with a lien of $821,576. The auction is scheduled to take place at 2:30 PM at 224 Brooklyn, New York. The three-family walk-up at 554 Putnam Avenue was purchased in March 1985, but the first mortgage was secured in July 2000 through New Jersey Mortgage…
The Difference Between Tax Abatements and Tax Exemptions
Tax abatements and tax exemptions can be granted to city developers and home buyers to promote development and occupancy rates. While there are similarities, they are two very different programs. What is a tax abatement? A tax abatement is a reduction in property taxes for a specific period of time. It is most commonly applied…
How NYC’s 421a Tax Exemption Is Helping Increase Affordability
In New York City, the 421a tax exemption program has gone through recent changes, but remains in effect to help encourage developers to build affordable multifamily housing. The basics of the 421a tax exemption The 421a exemption is a property tax exemption given to real estate developers. The purpose is to encourage them to build…
Top Most Expensive U.S. Zip Codes in 2018
Editor’s Note: PropertyShark is saddened by the loss of life and property caused by the California wildfires. The article below is simply a presentation of hard data and in no way attempts to ignore the devastation that these areas are experiencing. Key takeaways: Atherton’s 94027 remains the #1 most expensive zip code thanks to a…



















