The Real Deal New York

How to make money on renovations

August 22, 2005 12:00AM

Stories of New Yorkers who scored major profits after renovating an apartment and flipping it abound in the hot real estate market. But renovations to apartments don’t always translate into profits on a future sale. Kitchen or bathroom renovations, for one, do typically recoup their costs and can drive up a sale price for a New York apartment. But just updating the odd appliance usually can’t. more [Post]

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