Renovating a Commercial Building into Apartments

My wife and I bought a commercial building and transformed it into apartments. Of course, we have the loft apartment. The other apartments are paying for our purchase and renovation of the property. It was not cheap, but nothing in New York City is. I remember us paying more for a studio apartment in Manhattan than what my parents pay for a mortgage on a farm with a house, barn and other buildings in upstate New York. We did good with our HVAC contracts in NYC to make our building compliant with the codes for residential living. These guys are geniuses. Continue reading

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