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The Real Estate Broads of New York

Dec 16, 2021

You’ve just purchased the most amazing space. It’s large, bright and the price was right. This apartment is everything you ever wanted, but it does need some work. You just went through what felt like hell and back to buy an apartment and now you decide you are ready to take on renovating and you’re not only a bit overwhelmed with all the choices but not sure where to start. Today we are discussing how to prepare to renovate as preparation is key and want to make sure you know what to do before you start.

The first thing you need to do is get a copy of the Alteration Agreement from the managing agent if you live in a Co-op or Condominium. This will spell out the terms and conditions for renovating in your building. If you live in a townhouse, you need to have an idea of the scope of work you want to tackle. Once you figure out how you want to upgrade your space, the general contractor and architect will prepare a budget for you. Prepare for sticker shock but at the end of the day, you will end up with a home that is designed especially for you.

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