It's not uncommon for people who never bought in NYC to significantly underestimate the time it's going to take to buy property here—especially if they've bought elsewhere in the country New York City inventory is tight and the market is competitive, especially for apartments under $1.5 million. Additionally, if you're buying a co-op or condo, there is the approval process to consider. We will break down the timeline. Also with concessions on the rise across the city, more and more renters are starting to come across the term "net effective rent" in listings. But what does it reall
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