Name & Title: C. Jaye Berger, Owner
Company Name: Law Offices C. Jaye Berger
Address: 110 East 59th St., New York, NY 10022
What market trend(s) will impact your industry in 2019?
The real estate market has changed dramatically from years ago when co-ops were what was in vogue in the real estate market and people worried about being approved by the Board of Directors. Nowadays, there are so many condominiums being built that that is a much more common form of ownership with fewer restrictions. At the same time, most people do not understand that form of ownership. Condominiums tend to be more loosely organized than co-ops and therefore, much more attention needs to be paid to organization and upgrading the governing documents. This is an exciting aspect of today’s real estate market and one that I enjoy working in while representing condominium buildings and clients who are buying and selling in them.