NYC Hot Real Estate Topics - Closing Costs

December 6, 2016
Hosted by Vince Rocco

[Download MP3] [itunes] [Bookmark Episode]

Episode Description

One of the most surprising aspects of buying or selling a New York City apartment—and thus, one of the more stressful—is the amount you'll spend on closing costs, potentially tens of thousands of dollars that get tacked onto the purchase or sale of a home. For sellers, closing costs take a bite out of the proceeds from the deal, possibly affecting your future plans. For buyers, closing costs can have a real impact on budget, in some cases persuading you to buy one apartment over the other.

Good Morning New York, Real Estate with Vince Rocco

Tuesday at 6 AM Pacific Time on VoiceAmerica Variety Channel

Our show is about everything Real Estate to every consumer in the New York marketplace and on occasion we also focus on the national market place.

The program will provide you with the most educated approach to a deal including introduction to the most qualified resources in the business of real estate to successfully, buy and close a transaction.

In particular we will focus on the local Manhattan market. We will talk to sellers, buyers, agents, attorneys, and mortgage bankers, stagers and designers, all engaged in the deal to find success and happiness.

We will also look weekly at local and national market conditions at the beginning of every show.

What is the pulse on the market? Find out, by tuning in to Good Morning New York, Real Estate with Vince Rocco, broadcasting live every Tuesday at 6 AM Pacific Time, 9 AM in New York, on the VoiceAmerica Variety Channel.

  • Snag
  • ecard
  • Bookmark and Share

Vince Rocco

I became interested in a real estate career in the mid-1990s while buying and selling Manhattan co-ops and condos for my own personal real estate projects (renovating and selling), and found it to be an exciting industry. I decided to make Real Estate a full time profession and I've never looked back.

The ROCCO Group is dedicated to delivering quality service to our buyers and sellers. I get personally involved in every detail of the deal. I am known for my straightforward approach, my integrity and flexibility while working with people. I cultivate strong relationships that last a lifetime.

I have an extensive knowledge of Manhattan and its neighborhoods. I became an expert in New Condo Development sales over the past five years selling in three separate new development projects. I've made appearances on 'Sweat Equity' on the DIY network as one of their pricing experts, and have been featured on 'House Hunters' on HGTV and I'm working on an interactive web/blog portal where I will be hosting a weekly 'over the net' Real Estate program featuring everything New York City. I have been quoted in NY Magazine, NY Post, NY Times, QUEST, The Real Deal, and Broker's Weekly.

I live on the Upper West Side of Manhattan with my dog, Jett. I know Manhattan well and all of its neighborhood's so touring for a new home is always an exciting adventure with me. I make it personal. Your dream of finding the perfect home or selling your home will become a reality.

  • Snag
  • ecard
  • Bookmark and Share

Episode Directory

December 2016

  • 12/6/2016: NYC Hot Real Estate Topics - Closing Costs Listen Now

November 2016

October 2016

September 2016

August 2016

July 2016

June 2016

May 2016

April 2016

March 2016

February 2016

January 2016

December 2015

November 2015

October 2015

September 2015

August 2015

July 2015

June 2015

May 2015

April 2015

March 2015

February 2015

January 2015

December 2014

November 2014

October 2014

September 2014

August 2014

July 2014

June 2014

May 2014

April 2014

March 2014

Steven Aaron



Broker of record and associate manager at Keller Williams Beverly Hills View Guest page

Episode Listing:

Rachel Altschuler



Licensed Associated Real Estate Broker – Douglas Elliman Real Estate View Guest page

Episode Listing:

Jeff Appel



Jeff Appel is a record-setting sales professional and industry-leading executive who is widely recognized as a singular figure in New York City real estate. Most recently, Jeff brought unparalleled leadership to his role as President and COO of TOWN Residential. Now as an independent industry expert, consultant and spokesperson, Jeff continues to share his knowledge to create strategies for success with the real estate elite of New York. Jeff is frequently quoted as a real estate expert by numerous media outlets and was the co-host of the popular WPIX real estate and lifestyle television show Metro Residential. We will talk to Jeff about what 2015 will look like with the large amount of new development condos coming to market. Has price pressure changed the way people are living in New York City. View Guest page

Episode Listing:

Andrew Azoulay



Licensed Real Estate Salesperson at Douglas Elliman View Guest page

Episode Listing:

Eric Benaim

Eric Benaim, 36, is the founder, chief executive and president of Modern Spaces, a residential brokerage firm based in Long Island City, Queens. The company has offices in Astoria, Queens, Williamsburg, Brooklyn and in Chelsea in Manhattan. Before starting Modern Spaces in 2008, Mr. Benaim worked at several residential firms in Manhattan. We will discuss the market conditions in Queens and Manhattan and what his sweet spot is and why. View Guest page

Episode Listing:

Roberta Benzilio

Roberta brings over two decades of top-caliber real estate experience plus exceptional market knowledge to her position as Executive Vice President of Halstead Property Development Marketing. Roberta facilitates operations, management of new business, client relations, pre-development planning, and sales for all new development projects. View Guest page

Episode Listing:

Jason Binn

Parul Brahmbhatt



Licensed Real Estate Sales Person – Compass View Guest page

Episode Listing:

George Brescia


George has spent the last 25 years working with top fashion and beauty leaders, including Ralph Lauren, Donna Karan, Tommy Hilfiger and the fashion directors at Bloomingdales, Bergdorf Goodman and Lord & Taylor. He is a top tier stylist and image consultant with clients ranging from A-list celebrities to anyone looking to improve their appearance. He has made many TV appearances and wrote a book on fashion. View Guest page

Episode Listing:

Roberto Cabrera


With over 15 years of experience, Roberto has earned the confidence of countless clients who have entrusted him with their varying real estate needs. As a result he has built a thriving business on referrals and repeat clients, each of whom credit his straight-forward and honest approach for their continued loyalty. He has the respect of his industry colleagues and continues to educate himself by getting out there and seeing every property he can. View Guest page

Episode Listing:

Maria Callanta

Chad Carroll



On Million Dollar Listing Miami, and Executive Vice President at Douglas Elliman in Miami View Guest page

Episode Listing:

Christine Chipurnoi


Christine is a Senior Vice President at Wells Fargo Insurance Services and for more than 25 years she has been instrumental in developing, placing and maintaining insurance programs for regional, national and international clients. She is an active member of Wells Fargo National Real Estate & Construction and Hospitality Practice Groups. View Guest page

Episode Listing:

Dennis Codrington

Bruce Cohen



Bruce is a founding partner of Cohen and Frankel, where he represents sellers and purchasers in a wide range of residential and commercial real estate transactions.

Bruce has been instrumental in many large scale, exclusive, and luxury real estate transactions which include the largest co-op sale on record in Manhattan in 2008. He has handled real estate transactions in excess of $5 billion over the course of his career. View Guest page

Episode Listing:

Matthew Cohen


New Panel Member Matthew Cohen from CORE Real Estate. Matthew Cohen is a Licensed Real Estate Salesperson at CORE and a member of the Real Estate Board of New York (REBNY), which awarded him runner-up for "Rookie of the Year". Matthew grew up on the Upper West Side of Manhattan and attended high school in the beautiful suburb of Tenafly, New Jersey, a background that gives him in-depth understanding of real estate in any neighborhood. View Guest page

Episode Listing:

Tim Crowley


Tim Crowley is Managing Director - Innovation and Design with CORE, where he oversees project management, research and sales teams.
From pre-development to sellout, his team provides developers with market expertise and strategic direction on design and sales to maximize investment of each project.
In this role, he also manages the incoming new development pipeline for CORE.
Having worked at several top brokerages in NYC in new residential development, Tim brings over 13 years of industry experience to CORE.
He attended the University of South Carolina where he studied History and Real Estate Finance. View Guest page

Episode Listing:

Justyna Czejaj

Ruben Diaz, Jr.


The Borough President of the Bronx
All Borough Presidents (Queens, Manhattan, Bronx, Staten Island) report to the New York City Mayor deBlasio. View Guest page

Episode Listing:

Joy DiNapoli


Joy, an attorney by trade, brings a unique perspective to Meryl Santopietro Interiors. Upon graduating from Suffolk Law School, Joy practiced corporate law in New York, focusing primarily on matters in the financial industry.
After several years of working as an attorney, she yearned for a more creative role to express her passion for design and love for all things glamorous. The role of Director of Business Affairs allows Joy the opportunity to utilize her legal background while pursuing the more creative role she desired, and has the added bonus of working alongside her mother and sister. View Guest page

Episode Listing:

Dawn Doherty

Stuart Elliot



Editor and Chief of The Real Deal View Guest page

Episode Listing:

Cort Facteau


John is a life-long Rhode Islander, real estate is in his DNA. His father started buying, renovating, and reselling properties in the late 1960's through the 1980's prior to the term "flipping" being coined.
He started renting residential apartments and commercial spaces for his family business in his late teens, and has subsequently sold every type of property in all areas of Rhode Island – residential, waterfront, condo, farm and commercial over his years in real estate. The level of commitment and customer service that he affords his clients is second to none. View Guest page

Episode Listing:

Nikki Field



Nikki Field, Senior Global Real Estate Advisor, has been a dynamic presence with Sotheby's International Realty since 1998, consistently ranking among the global agency's top three producers and accomplishing sales of over one billion dollars. 2013 America’s Top 250 Real Estate Professionals, an annual ranking sponsored by The Wall Street Journal, ranked Nikki in the top 120 Agents in America and in the top 15 in New York City for Sales Volume.

Ms. Field has created one of the most effective teams in the ultra-competitive, luxury segment of the Manhattan residential real estate market. The Field Team Advantage consists of ten experienced professionals, each possessing general market strength as well as a mastery of a specific area. Ms. Field and her team specialize in Manhattan’s luxury co-op, condo and exclusive townhouse markets where she has set numerous industry-wide record-shattering prices. The Field Team provides both buyers and sellers with multi-tiered services and clients benefit from the knowledge and experience of the entire team. Ms. Field is frequently called upon as an industry guest speaker. She is an instructor and graduate of the NY State Real Estate Board Master’s program: New York Real Estate Specialist.

Recently, Ms. Field has been traveling extensively to emerging markets in China, to continue building on the growing global business of Sotheby’s International Realty. She assists international investors in securing prime, luxury-brand, residential real estate. View Guest page

Episode Listing:

Louise Phillips Forbes


Louise Phillips Forbes has over 25 years of experience and having sold nearly $2 billion in properties, Louise is a leader and widely respected expert in New York City’s residential real estate market.
For the past few years she has been named in the Wall Street Journal’s Real Estate Top 200 has been named winner of Halstead’s esteemed Broker of the Year award multiple times since 2002 and has been acknowledged as the #1 real estate listing broker company wide.
She is a widely sought-after real estate expert by industry leaders and media outlets.
She is a frequent guest lecturer for the Real Estate Board of New York, has been profiled in Avenue Magazine’s “Influential Women of New York”, and has been quoted in real estate articles for The New York Times, Wall Street Journal, The Real Deal, and many other notable publications. View Guest page

Episode Listing:

Neil B Garfinkel

Christopher Gill



Christopher Gill- For the past 6 years, he has been the Sales Director at Bahia Principe Residences and Golf, Riviera Maya. The largest and most exclusive Residential and Golf Resort in Tulum, the Mexican Caribbean, owned by “Grupo Piñero” one of the most influential, private Spanish Corporations. Christopher is an experienced real estate broker with a diverse background. View Guest page

Episode Listing:

Michael Graves



-Broker at Douglas Elliman -Brokered on of the largest residential deals in the city—a $53 million full-floor apartment at Extell’s One57 -classical guitarist and composer whose work has been performed at Carnegie Hall and Lincoln Center -NYC's Real Estate Rising Stars class of 2015 View Guest page

Episode Listing:

Richard Grossman


With more than three decades of real estate experience in New York City, Richard Grossman is well-known as an innovative, effective and strategic leader in both the residential and commercial fields.
As President of Halstead Property, Richard works closely together with the Chief Executive Officer Diane Ramirez to form the Executive Committee of Halstead Property. In addition, he also handles the day to day operations of running Halstead's Village and Soho offices.
Under his careful and thoughtful direction, a solid network of loyal and top producing agents has been created in the Downtown Offices of Halstead. Combined with his strong leadership skills, Richard is able to provide his agents and their clients with an invaluable knowledge of the ins and outs of the real estate industry.
In his personal time, Richard is an avid traveler, fitness enthusiast and collector of contemporary and modern art. He is the past President of the Brevoort East, a luxury 330-unit cooperative build. View Guest page

Episode Listing:

Kash Guha


For the past 10 years, Kash has developed his impeccable reputation in the real estate world. His combination of salesmanship, professionalism, intelligence and quick witted personality have made him a NY success. View Guest page

Episode Listing:

Garrison Gunter

Owner - Cook & Craft View Guest page

Episode Listing:

Doug Heddings


Doug is Executive Vice President – Sales, responsible for overseeing and growing sales and business development for CORE’s resale division. Doug’s roles include recruiting, agent support, as well as meeting company sales goals and projections. A 23-year veteran and a top producer at one of Manhattan’s largest firms, Doug was most recently the founder of The Heddings Property Group. As a real estate expert, Doug is a certified Department of State instructor and he sits on the Board of Directors of the Real Estate Board of New York (REBNY). View Guest page

Episode Listing:

Dorothy Herman



Dorothy Herman, Dottie, is the quintessential New York success story. In only two decades, she climbed to the pinnacle of the housing industry - CEO of Douglas Elliman, the #4 ranked real estate company in the United States. Today, under her leadership, Douglas Elliman is New York's largest residential brokerage, with over 4,000 real estate professionals and 675 employees working in more than 70 offices in Manhattan, Brooklyn, Queens, Long Island, the Hamptons and the North Fork, Westchester/Putnam and South Florida. Dottie created a company that serves the customer's every real estate need. In addition to leading New York's largest residential real estate brokerage and rentals, she also controls a portfolio of real estate services, including commercial and retail leasing and sales, relocation and settling in services, new development consulting and also Manhattan's largest residential property manager, Douglas Elliman Property Management, as well as DE Title, and DE Capital Mortgage. View Guest page

Episode Listing:

Cathy Hobbs



Cathy Hobbs is an American television host, interior designer and lifestyle expert based in New York City. View Guest page

Episode Listing:

Debra Hoffman



Licensed Associated Real Estate Broker – Town Residential Real Estate View Guest page

Episode Listing:

Philip Horigan



Founder and CEO of Leasebreak.com View Guest page

Episode Listing:

Shama Kabani



Founder and CEO of Marketing Zen Group View Guest page

Episode Listing:

Karen Kaplan

Nik Kolidas


Nik is a magazine publisher, multimedia producer and media consultant based out of NYC. He has seventeen years of experience marketing luxury listings and agents in the New York Metropolitan Area. Nik is the only publisher in Manhattan with hands-on experience in both NYC and the many communities that branch off it. View Guest page

Episode Listing:

Amir Korangy



Founder of The Real Deal-about real estate and finance news -Produced a PBS documentary, Building Stories architect Costas Kondylis View Guest page

Episode Listing:

Elizabeth Kosich


Elizabeth Kosich is CORE's Chief Marketing Officer where she serves as the company’s brand guardian. Responsible for CORE’s visual identity, messaging, marketing and PR strategies, Elizabeth ensures brand alignment across all channels. She oversees digital strategy as well, where she advances CORE’s mission to engage and disrupt online. Elizabeth also works closely with agents to build their personal brands and individualize their listings. View Guest page

Episode Listing:

Zachary Kussin



Zachary Kussin joined the staff of the New York Post as a real estate and travel reporter in November 2014.

He previously worked at The Real Deal Magazine as a reporter. His work has also appeared in The New York Times, Newsweek and on the website of PBS "Need to Know." He graduated from Bard College in 2009 and the CUNY Graduate School of Journalism in 2011. View Guest page

Episode Listing:

John Laurie


John is a lifelong Rhode Islander. When he is not showing properties, you can find him at Dave’s Coffee, on the tennis court, reading on the balcony, or exercising at Synrgy Health & Fitness! Having lived in both Providence and New York City, he has been involved with all aspects of real estate including sales, leasing, property management, and underwriting private lending deals. He enjoys working with people, building and cultivating new relationships. View Guest page

Episode Listing:

Jeffrey Levine



Chairman and principal of three affiliated companies: Levine Builders, Douglaston Development and Clinton Management View Guest page

Episode Listing:

Brian Lewis

-Broker at Halstead Property -Named one of “Manhattan’s Premier Brokers” by NY Living magazine -Lead seminars for fellow agents on how to effectively market homes and work with buyers View Guest page

Episode Listing:

Nile Lundgren


Compass View Guest page

Episode Listing:

Edie Lutnick



Co-founder and executive director of the Cantor Fitzgerald Relief Fund View Guest page

Episode Listing:

Jane Lyons


Jane is a Managing Partner at Rhodes Associates. During her more than 25 year career in executive search and organizational consulting, she has completed more than 700 search and consulting assignments specializing in the real estate industry globally. Jane has assisted many of the world’s leading real estate companies including banking, commercial lending, investment and private and public owner/developers in recruiting their most successful executives. View Guest page

Episode Listing:

Jason Meister



Vice President, Avison Young

Jason Meister’s specialty is that of investment sales. Mr. Meister has been featured in the Wall Street Journal, the Financial Times, Bloomberg News, BusinessWeek, the Boston Globe, the New York Times, The New York Post, the New York Daily News, Crains, the Chicago Tribune, The LATimes, Reuters, CNBC, ABC News, CNN Money, the Real Deal, the Commercial Observer and other prestigious publications. He has also appeared on television and radio broadcasts, including interviews on Fox Business Network. View Guest page

Episode Listing:

Stephen Meister

Victor Menasce



Canadian real estate investor Victor Menasce has bought and sold many American properties in the past several years, including houses and condos in the Sun Belt, Pennsylvania, Illinois, Florida and Arizona. He even bought a baseball stadium in New Jersey.

He says and I quote:

"We see value in places that Americans don't notice quite so readily," So is Canada becoming a major investor in the States? Let's find out!

Menasce, is author of the book The Great Canadian Takeover. View Guest page

Episode Listing:

Bryan Midlam



-Over a decade of experience selling real estate in the Hamptons, Bryan is widely regarded as one of the Hampton’s top brokers -A member of Corcoran President’s Council in 2013, Bryan ranks among the top 5 agents in the Hamptons and top 35 in the entire company. View Guest page

Episode Listing:

Shaun Osher

Frederick Peters

President of Warburg Realty Partners runs a company of 150 brokers in five Manhattan offices. View Guest page

Episode Listing:

Karim Rashid



Karim Rashid- industrial designer, and interior architect. His designs include luxury goods, furniture, lighting, surface design, brand identity and packaging View Guest page

Episode Listing:

Colin Rath


Colin Rath is a successful entrepreneur, Manhattan real estate developer, and author. He grew up in Connecticut and started his first business—a house painting and refurbishing company—while still in college. As he says in his recently self-published book “It Is What It Is: A True Manhattan Real Estate Nightmare with a Silver Lining,” Quote, “One goes through many rites of passage when becoming a New Yorker…” You ain’t a real New Yorker if you don’t have the obligatory “it was such a disaster” real estate-related story to wield. View Guest page

Episode Listing:

Cooper Ray


My guest today is a 23 year old native New Yorker, street smart, an ariel photographer and a bike messenger with a passion and devotion to our cities history. Cooper Ray knows the cities architectural history, why buildings were built as they were and I want him to explain to us from his viewpoint tidbits of some of the more famous top architects of our day but most importantly his perspective on the disappearance of old New York and what our skyscape has become. View Guest page

Episode Listing:

Ivy Ray


BLU Realty Group View Guest page

Episode Listing:

Ivy Ray

Amala Redd


Amala Redd has 14 years of experience in real estate and that is apparent in the scale of her project portfolio. Her unsurpassed real estate development credentials include acting as a founder of Halstead Property’s Development Marketing Division, as well as executing some of the city's most groundbreaking properties. Amala has overseen the development of over $3 billion worth of sales within the luxury condominium market in New York. Beginning her career in the television environment, Amala has figured out where real estate development and television concept development intersect: they both require imagination and vision. View Guest page

Episode Listing:

Ian Reisner

Ian Reisner, Managing Partner of Parkview Developers, LLC. Ian is in the business of developing residential and hotel properties in New York City. His biggest projects over the last several years are 505 West 47th Street Condos.. a 108 unit luxury condominium. And The OUT Hotel in Hells Kitchen. Ian tackles other projects that include land assemblage for new development, combining and gut renovating residential apartments. View Guest page

Episode Listing:

Bill Ritter



-Co-Anchor of Eyewitness News -Correspondent for the ABC News program "20/20" - Started at Eyewitness News in the summer of 1998 as a weekend anchor -Bill writes a daily column, Behind the News with Bill Ritter, which previews the 11pm edition of Eyewitness News View Guest page

Episode Listing:

Denise Rosner



Sold over $100million in residential properties and Successful agent for Keller Williams Beverly Hills View Guest page

Episode Listing:

Jordan Sachs

Meryl Santopietro


Meryl Santopietro Interiors is a multifaceted family design business which spans from New York to South Beach and across the pond to London.
Meryl has a tremendous following because she listens to her clients and delivers a unique design suited to their life style.
Her educational background reflects her commitment to art as a fine arts major, advance studies in art history at the University of California at Berkeley, certificate work at Rhode Island School of Design, and A.S.I.D. membership. Meryl's portfolio ranges, from classical and traditional to modern and contemporary. Her flexibility in styles enables her to satisfy a diverse, high profile clientele with the most discriminating tastes.
Above all, Meryl is passionate about her design work and committed to her loyal clients. View Guest page

Episode Listing:

Chris Schembra


Chris' main passion is turning complete strangers into close friends. He is Founder + Curator of the 747 Club, an organization that connects people at the intersection of Food + Community through Authenticity, Empathy, Vulnerability and Safety. 56 Dinners and 976 people have been served since July 15th, 2015. View Guest page

Episode Listing:

JP Smith

Dorothy Somekh

-Broker at Halstead Property -Defining moment in her career was her role as a key figure in the marketing of Three Lincoln Center and recognized as one of the most beautifully designed and highly sought-after residences on the Upper West Side. -Throughout her illustrious career she possessed a keen eye for development and construction. View Guest page

Episode Listing:

Leonard Steinberg



President of COMPASS specializing in the marketing of high end New York real estate View Guest page

Episode Listing:

Andy Stewart


Andy Stewart is principal stylist/owner of Red Cap Productions. He is a (real estate) stylist and not a traditional stager or "interior decorator". His background is in photo styling, set design, lifestyle development and he is also a bride and groom’s keeper. Andrew works with real estate professionals to help create the perfect product to sell. View Guest page

Episode Listing:

Craig Stone


CEO of Stanton Wells & Stone LLC View Guest page

Episode Listing:

Stephanie Voong



“Social Media Queen” and Founder of SV Consulting View Guest page

Episode Listing:

Chuck Wheelock

Owner - Wheelock Maidique View Guest page

Episode Listing:

Steve Witkoff



CEO of The Witkoff Group(real estate investment firm) View Guest page

Episode Listing:

Jill Zarin



Reality star of The Real Hosuewives of NYC View Guest page

Episode Listing: