The HUD-1 Settlement Statement is a government form that was used widely before 2015 when buying, selling, and refinancing real estate. It lists all the charges and credits to the buyer and seller in a real estate...
Category - NYC Government
Floor Area Ratio (FAR) Explained
The FAR is the relationship between the total amount of usable floor area that a building has or has been permitted to have and the total area of the lot on which the building stands. How is FAR calculated? FAR is...
NYC Class 2 Residential Property Taxes Guide
Market Value —Valuing Your Property The NYC Department of Finance assigns Market Values to all properties in New York City – approximately 1,045,000 properties each year. Market Value is the worth of your property...
NYC Class 1 Residential Property Taxes Guide
Market Value —Valuing Your Property The Department of Finance determines a market value for your tax class 1 property using statistical analysis that incorporates data such as the recent selling prices of similar...
NYC Zoning Handbook – NYC Planning
“Zoning establishes an orderly pattern of development across neighborhoods, and the city as a whole, by identifying what is permissible on a piece of property. It is a law which organizes how land may be used...
NYC Property Address Directory (PAD)
“The Property Address Directory (PAD) contains geographic information about New York City’s approximately one million tax lots (parcels of real property) and the buildings on them. PAD was created and is...
