Blocks & Lots

Latest Posts

Where to find your BBL

In NYC real estate, BBL stands for borough, block, and lot. This 10-digit number identifies each individual piece of land in NYC. It is also universal, so it makes tracking buildings across databases easier. What is a...

What are common charges?

The owner of each unit in a condo building pays common charges, which are monthly fees that cover the building’s amenities, services, and upkeep. Common charges may include building staff salaries, management...

Rent to Own an NYC Condo

With unsold condo inventory high in NYC, some sponsors in larger buildings with many units to sell, are offering ‘rent to own’ options to potential buyers.  In NYC, rent to own are basically ‘try before you...

What is a Condo Declaration?

A Condo Declaration is a legal document that lays out what common and private spaces were built and who owns them. It details the block and lot, address, unit number, size, square footage, common interest percentage...