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Prospective building owners should do their homework before pulling the trigger on a purchase. There could be restrictions on the property or fees unrecognized in the sales price. Large buildings will typically get a due diligence report from an expediting company. Here are five things owners have to look into before buying New York City property.

Is the site on a zoning lot merger?

Buildings on a zoning lot merger may be restricted from expanding. (more...)

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