Built for New York City agents
New York runs on its own rules. Reddy knows them, and shows you where each one comes from.
Reddy knows the New York City details that slow a deal down: the city and state transfer taxes, the FARE Act on rentals, the co-op board clock, and the dates a New York contract sets. Every rule comes with a link to its source, so you can check it before you tell a client.
The New York City details Reddy already handles
These are not settings you turn on. They are how Reddy works for every agent in New York today.
- NYC seller net sheets
The NYC Real Property Transfer Tax and the New York State transfer tax, with the higher state rate at $3 million and up, for homes in the five boroughs.
- Rentals under the FARE Act
Who pays a broker fee, what every listing must show, the $20 cap on screening fees, the Fair Chance rules, and the riders a lease needs.
- Co-op sales
The board's time limits under Local Law 58 of 2026, where the flip tax comes from, and the papers to gather from the co-op.
- New York contract dates
Mortgage commitment, attorney review, board approval, and closing. Reddy records the dates you confirm, and your brief raises the ones coming up.
- A source for every rule
Reddy gives each New York rule with a link to the law or the agency page it comes from. When it has no reviewed rule, it says so.
Local knowledge at no extra cost
The New York City details come with every plan. You pick a plan for your pipeline, not for your market.
Net sheets are estimates and leave out some New York costs. Confirm final figures with your closing attorney.
What New York City agents notice
- Transfer taxes done for you
The city and state taxes come from New York's own rates, not a national average.
- Rental rules you can point to
Every FARE Act answer comes with the city page it is from.
- Contract dates in your brief
The dates you confirm from the contract show up in your brief before they arrive.
Working in New York City? Book a call and see a net sheet for one of your own listings.
See pricingBuilt for New York City: common questions
Boroughs, net sheets, co-ops, and what Reddy leaves to your attorney.
Which areas does the net sheet cover?
The five boroughs: Manhattan, Brooklyn, Queens, the Bronx, and Staten Island. For another New York county, Reddy says the sheet does not cover it rather than guessing.
What does a New York net sheet leave out?
The property tax proration, the owner's title policy, and a co-op flip tax. Add your own fees, and Reddy puts them on every sheet.
Does Reddy draft the contract of sale?
No. In New York the attorneys draft the contract. Reddy tracks the dates in it once you confirm them.
Is this legal advice?
No. Reddy gives the rule and its source. For a contract, a closing, or a dispute, your attorney decides.
Related capabilities
Reddy is an assistant service, not a licensed attorney. Always verify legal matters with a qualified professional.