What exactly is “open-bidding”?


Can anyone explain what it means that a real estate firm has an “open-bidding process”? For ex., I read somewhere on this site that Warren Lewis practices open-bidding and that buyers don’t like it. What exactly does it entail? Thanks.

Categories: Real Estate
By andrea_nyc | 07/15/2010 5:43 PM | Comment

FAR amounts and extension


Hello. How can I confirm the available FAR for a house? As of now I am going by what is on Property Shark.

Do you think that 500 sq ft of “unused available buildable square feet” is enough to build a modest garden and parlor level extension on a 17 foot wide house? Or is it cutting it too close?

Categories: Construction
By andrea_nyc | 03/05/2009 6:31 PM | Comment