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Peter Zinkovetsky
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BSPE Legal Marketing Podcast
Hidden Costs: A Buyer's Guide to Special Assessments in NYC Condos - Peter Zinkovetsky
From Avenue Law Firm – Hidden Costs: A Buyer’s Guide to Special Assessments in NYC Condos explores how unexpected fees imposed by condo boards can impact affordability, financing, and long-term value in New York City’s highly competitive real estate market. This episode guides listeners through the complexities of special assessments and how due diligence—especially with the help of legal professionals—can reveal red flags before a buyer signs on the dotted line.Special assessments are often misunderstood yet legally binding charges issued by a condo’s board of managers to fund major capital improvements, emergency repairs, or...
2025-12-04
04 min
BSPE Legal Marketing Podcast
The Commercial Real Estate Due Diligence Checklist for NYC Buyers - Peter Zinkovetsky
From Avenue Law Firm – The Commercial Real Estate Due Diligence Checklist for NYC Buyers dives deep into the behind the scenes of purchasing income-producing property in New York City. In this episode, we explore how commercial real estate transactions in NYC differ from other markets, why analyzing title, zoning, and corporate seller authority matters, and how tools like an ALTA survey or a Property Condition Report (PCR) can make or break a deal. We also unpack the environmental side of things — including Phase I and Phase II Environmental Site Assessments — and show why skipping those steps just isn’t an optio...
2025-11-04
05 min
BSPE Legal Marketing Podcast
Should I Buy My Home Under an LLC? Asset Protection for New York Property Owners - Peter Zinkovetsky
From Avenue Law Firm – Should I Buy My Home Under an LLC? Asset Protection for New York Property Owners explores the legal, financial, and tax implications of using a Limited Liability Company (LLC) to purchase or hold residential property in New York. This episode unpacks why LLCs are often considered for asset protection and anonymity—but also reveals the significant risks and limitations they pose in the Empire State.We discuss how the "corporate veil" works under New York law and how the two-way liability shield offered by an LLC can protect both personal assets from lawsuits rela...
2025-09-08
04 min
BSPE Legal Marketing Podcast
5 Legal Due Diligence Steps for Buying Investment Property in NYC - Peter Zinkovetsky
From Avenue Law Firm – 5 Legal Due Diligence Steps for Buying Investment Property in NYC breaks down the essential legal strategies every investor should know before purchasing property in one of the most complex real estate markets in the world. Whether you're eyeing a brownstone in Brooklyn, a condo in Manhattan, or a multi-family building in Queens, this episode dives into key legal checkpoints to help protect your investment and avoid post-closing pitfalls.Listeners will learn how to analyze purchase contracts, uncover hidden risks through title searches, and assess the financial health of condos and co-ops. We'll walk th...
2025-08-14
08 min
BSPE Legal Marketing Podcast
Are Condos a Good Investment in New York City? - Peter Zinkovetsky
From Avenue Law Firm – "Are Condos a Good Investment in New York City?" delves into the multifaceted considerations of investing in the city's condominium market. This episode offers listeners a comprehensive overview of the benefits and potential drawbacks associated with purchasing a condo in NYC.In the bustling real estate landscape of New York City, condos present a unique opportunity for investors. One significant advantage is the strong rental market, providing a steady income stream for property owners. Additionally, condos often come with desirable amenities and require less maintenance, appealing to a broad spectrum of buyers and re...
2025-02-25
03 min
BSPE Legal Marketing Podcast
Tax Benefits of Owning a Condo - Peter Zinkovetsky
From Avenue Law Firm – In this episode, we explore the 'Tax Benefits of Owning a Condo' and how they can provide financial advantages for homeowners. Owning a condominium offers potential deductions, including mortgage interest and property taxes, which can help reduce taxable income. Understanding these benefits can make condo ownership an attractive option for those looking to maximize their financial opportunities while enjoying the perks of city living.Beyond deductions, condos may also qualify for depreciation benefits, especially for those who use their property as a rental investment. Depreciation allows owners to offset income by accounting for pr...
2025-02-05
04 min
BSPE Legal Marketing Podcast
Grilling in NYC Apartment Buildings - Peter Zinkovetsky
From Avenue Law Firm – In this podcast episode, we explore the article "Grilling in NYC Apartment Buildings" and discuss the rules that apply to outdoor grilling in New York City. Listeners will learn how these guidelines affect residents of NYC apartment buildings, including those living in coops and condos, as they plan to use their balconies, rooftops, or even covered patios for grilling.We break down the various types of grills—propane, natural gas, charcoal, and electric—and how each comes with its own set of regulations. The discussion includes references to the NYC Fuel Gas Code as wel...
2025-02-04
03 min
BSPE Legal Marketing Podcast
What Makes a Good Real Estate Lawyer? - Peter Zinkovetsky
From Avenue Law Firm – In this podcast episode, we explore the article "What Makes a Good Real Estate Lawyer?" and discuss the role of a New York real estate lawyer in protecting the interests of buyers and sellers in the bustling New York City market. We cover the importance of legal guidance in real estate transactions, whether you are buying a home, purchasing a co-op, or investing in commercial property.Our conversation takes a closer look at the tasks that a good real estate attorney handles, such as reviewing title documents, purchase agreements, deeds, and mortgage documents. We...
2025-02-04
02 min
BSPE Legal Marketing Podcast
Are Condo Fees Tax Deductible? - Peter Zinkovetsky
From Avenue Law Firm – Dive into the key insights of 'Are Condo Fees Tax Deductible?' as we unravel the complexities of common charges, property taxes, and their implications for condo owners in New York City. Condo fees, or common charges, are a regular part of condominium ownership, covering essential services like building maintenance, staff salaries, and shared amenities. However, these fees come with financial nuances that every condo owner should understand, particularly regarding tax treatment and budgeting.This episode explores the critical differences between common charges and real estate taxes. While property taxes fund public services an...
2025-01-22
04 min
BSPE Legal Marketing Podcast
Who Pays Transfer Taxes at Closing? - Peter Zinkovetsky
From Avenue Law Firm – In this episode, we explore "Who Pays Transfer Taxes at Closing?" and break down the financial obligations involved in New York real estate transactions. Transfer taxes, including the New York State transfer tax and New York City’s Real Property Transfer Tax (RPTT), are significant components of closing costs for buyers and sellers. These taxes, based on the property’s sale price, can vary depending on whether the transaction involves residential or commercial property. Understanding these tax obligations is crucial to avoiding delays and ensuring compliance with state and local regulations.We discuss the re...
2025-01-15
04 min
BSPE Legal Marketing Podcast
Ground Lease Vs. Land Lease - Peter Zinkovetsky
From Avenue Law Firm – In this episode, we explore the nuances of ground leases and land leases in New York, as outlined in the article 'Ground Lease Vs. Land Lease'. These terms are often used interchangeably, but understanding their key features is essential for navigating the city’s dynamic real estate market. Ground leases allow tenants to develop land without purchasing it, providing a unique opportunity for long-term property use while the landowner retains ownership. We also cover the two primary types of ground leases—subordinated and unsubordinated—and how they balance risk and rent.The conversation highligh...
2025-01-15
04 min
BSPE Legal Marketing Podcast
How Does Remote Closing Work - Peter Zinkovetsky
From Avenue Law Firm - Remote closings are transforming the way real estate transactions are conducted, offering an innovative and efficient alternative to traditional processes. In our latest podcast, we explore the key insights from the article How Does Remote Closing Work, delving into the growing popularity of virtual closings in New York. Remote closings leverage digital platforms and electronic signatures to streamline property transactions, allowing buyers, sellers, and attorneys to complete deals from anywhere. This approach has become especially relevant in the post-pandemic world, where convenience and flexibility are highly valued.We discuss the legal framework...
2024-11-26
07 min
BSPE Legal Marketing Podcast
What is Attorney Review? - Peter Zinkovetsky
From Avenue Law Firm - This podcast takes a deep dive into the essential attorney review process in New York real estate transactions. In "What is Attorney Review?," we explain how this critical phase provides buyers and sellers with the opportunity to ensure their interests are protected before moving forward with a property deal. We cover the key steps involved, from contract examination and negotiation to modifications, and highlight the vital role attorneys play in addressing potential legal issues such as zoning problems, liens and encumbrances, and property boundary disputes.Listeners will gain insight into the importance...
2024-11-20
04 min
BSPE Legal Marketing Podcast
How to Transfer a Property Title to a Family Member - Peter Zinkovetsky
From Avenue Law Firm – In this episode, we explore the intricacies of property title transfers with a focus on guiding families in New York. The episode centers on the article 'How to Transfer a Property Title to a Family Member', breaking down essential steps for a successful transfer. Property title transfers can be a complex process, particularly in a city like Manhattan, where local regulations and unique considerations demand careful attention. We cover why preparing the right documentation is key, from deeds like the quitclaim and warranty to the Real Property Transfer Report, each serving a vital role in en...
2024-11-13
04 min
BSPE Legal Marketing Podcast
What Does Clear To Close Mean? - Peter Zinkovetsky
From Avenue Law Firm - In this episode, we delve into the critical question, 'What Does Clear To Close Mean?' and explore its importance in Manhattan real estate transactions. Attaining "Clear to Close" status marks a pivotal point in the process of buying or selling property, signaling that all financial conditions have been met and the transaction is ready to proceed. Our Manhattan real estate attorneys walk you through the steps leading to this milestone, emphasizing the key role of legal professionals in ensuring a smooth and legally sound closing.Listeners will learn how real estate...
2024-10-23
07 min
BSPE Legal Marketing Podcast
What is the Mansion Tax in NYC? - Peter Zinkovetsky
From Avenue Law Firm - In this episode, we explore the article "What is the Mansion Tax in NYC?" and its impact on high-value property transactions in the New York City real estate market. The Mansion Tax is a critical factor for buyers and sellers of luxury residential properties valued at $1 million or more. Introduced to generate revenue from NYC’s booming real estate sector, this tax features a tiered structure where the percentage increases as the property’s price rises. Understanding these rates and their implications is essential for anyone navigating the city's competitive market, as this tax sign...
2024-10-21
05 min
BSPE Legal Marketing Podcast
How Long Does a Title Search Take? - Peter Zinkovetsky
From Avenue Law Firm - In the article "How Long Does a Title Search Take?" the process of conducting a title search in New York real estate transactions is explored in depth. The article explains how a title search involves a detailed examination of public records, including deeds, mortgages, liens, and easements, to ensure that the property being purchased has a clear and marketable title. Whether you are a buyer or a seller, understanding the timeline and potential delays in a title search is crucial for managing the closing process and securing a smooth property transfer.The...
2024-10-07
05 min
BSPE Legal Marketing Podcast
Essential Clauses Every Home Purchase Agreement Should Include - Peter Zinkovetsky
From Avenue Law Firm - In this episode, we dive into the critical details outlined in 'Essential Clauses Every Home Purchase Agreement Should Include,' an article that highlights the key elements of real estate transactions. Whether you're buying or selling a property in New York City, understanding the significance of a well-drafted home purchase agreement is essential. These agreements form the backbone of real estate transactions, addressing everything from financing terms and inspection contingencies to disclosures and closing costs.Our Manhattan real estate lawyers will break down the importance of mortgage contingency clauses, which protect buyers...
2024-09-26
04 min
BSPE Legal Marketing Podcast
What is a Sponsor Unit? - Peter Zinkovetsky
From Avenue Law Firm - In our latest episode, we dive into the intricacies of the New York City real estate market with a focus on 'What is a Sponsor Unit?' Join us as we explore the unique position sponsor units hold in NYC's housing market and why they can be an appealing option for many buyers. We discuss how these units allow buyers to bypass the typical co-op approval process, offering a quicker and often less stressful purchasing experience.Sponsor units are apartments within a co-op or condominium that have never been sold since the...
2024-07-29
05 min
BSPE Legal Marketing Podcast
New Jersey Real Estate Attorney - Peter Zinkovetsky
From Avenue Law Firm - In this episode, we dive into the dynamic and diverse New Jersey real estate market. The article "New Jersey Real Estate Attorney" highlights the unique blend of urban, suburban, and rural environments that make up the state's market. From the bustling areas near New York City and Philadelphia to the quieter, rural settings in the western and southern parts of the state, we explore the opportunities and complexities that buyers, sellers, and investors face in real estate transactions.We discuss the crucial role of New Jersey real estate attorneys in navigating the...
2024-07-01
09 min
BSPE Legal Marketing Podcast
International Real Estate Transactions - Peter Zinkovetsky
From Avenue Law Firm - Navigating international real estate transactions introduces a unique set of challenges and opportunities. Whether you're purchasing property abroad or dealing with international investors in domestic real estate, the complexities multiply due to different legal systems and regulations. Our discussion will delve into the importance of compliance with both local and foreign real estate and tax laws, and how cultural differences, currency exchanges, and international financing play significant roles in these transactions. Understanding these intricacies is crucial for anyone involved in the international real estate market.At Avenue Law Firm, we offer robust...
2024-06-06
07 min
BSPE Legal Marketing Podcast
Manhattan Real Estate Lawyer - Peter Zinkovetsky
From Avenue Law Firm - In this episode, we delve into the dynamic and prestigious Manhattan real estate market, as discussed in the article 'Manhattan Real Estate Lawyer.' New York City, particularly Manhattan, is renowned for its towering skyscrapers and historic brownstones, making it one of the most sought-after real estate markets globally. However, with its allure comes significant challenges. The market's volatility and the complexity of property laws in New York make navigating any real estate transaction a daunting endeavor for buyers, sellers, and investors alike.Navigating this complex landscape requires the guidance of a...
2024-05-31
06 min
BSPE Legal Marketing Podcast
Nassau County Real Estate Lawyer - Peter Zinkovetsky
From Avenue Law Firm - In our latest podcast episode, we delve into the critical role of a Nassau County Real Estate Lawyer, focusing on the essential legal guidance they provide throughout the property buying and selling process in Long Island. This episode is an essential listen for anyone involved in the real estate market in Nassau County. We explore the complexities of residential and commercial real estate transactions, underscoring the importance of having an attorney to navigate contracts, negotiations, and the overall legal landscape.We provide an in-depth look at the services offered by Nassau County...
2024-05-15
08 min
BSPE Legal Marketing Podcast
What is the Suit to Quiet Title? - Peter Zinkovetsky
From Avenue Law Firm - In this podcast episode, we delve into the intricate world of property ownership disputes and the legal mechanism known as the Suit to Quiet Title. What is the Suit to Quiet Title? It's a vital tool in resolving complex real estate ownership issues, cutting through webs of claims and counterclaims to clarify rightful ownership. Our Manhattan real estate attorneys guide listeners through this process, shedding light on how it can solidify ownership rights and resolve disputes without the looming threat of future legal challenges.Navigating the quiet title action process can often...
2024-04-29
09 min
BSPE Legal Marketing Podcast
What Is an Executed Real Estate Contract? - Peter Zinkovetsky
From Avenue Law Firm - In this podcast episode, we delve into the intricacies of real estate transactions, focusing particularly on the significance of executed real estate contracts. What Is an Executed Real Estate Contract? explores the critical role these contracts play in ensuring the smooth completion of transactions between parties involved in buying, selling, or leasing real estate properties. Our discussion sheds light on the legal obligations, rights, and responsibilities outlined in these contracts, providing listeners with valuable insights into navigating New York's complex property laws.We explore the various elements that constitute a fully executed...
2024-03-07
09 min