or the link below.
Hire a good lawyer and have him or her review the offering plan and additional condo paperwork. You also want to find out what stage they are in with regard to getting a certificate of occupancy as this is needed before you can actually live in the place.
You also want to find out if there is any tax abatement which is a plus and if you will be required to pay any of the seller's closing costs. If you are you maybe be able to negotiate so as not to pay those. Also, even though it is new construction, I would try to negotiate the price or see if they will throw in some free upgrades.
Also if this is new construction, you should be getting a one year warranty on EVERYTHING, make sure of that. This does not apply to a resale.
If I can be of further assistance, please let me know. Good luck!
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783