New ACRIS will include co-op unit searches, more data

Records database, on hold til Monday, will have new data

New York /
May.May 17, 2013 03:00 PM

ACRIS is getting a makeover. The New York City Department of Finance is updating the Automated City Register Information System, which tracks public real estate records filed throughout the city — including deeds, mortgages and liens — with new functions and additional data.

The maintenance work for the update, which has shut down ACRIS, began yesterday afternoon and will continue until Monday morning.

The new version’s enhancement include, most notably, a document search exclusively for co-op units, a search that will distinguish if a mortgage is being recorded as a refinancing or not, and a document search by date range across all boroughs, according to the department’s website.

Starting in July, real estate professionals will be able to submit property documents electronically.

Jonathan Miller, president of appraisal firm Miller Samuel, echoed the sentiments of many ACRIS users by noting the database’s functionality and accuracy — but surmised there was still room for improvement.

“I certainly would love to have a friendlier user interface,” Miller said. “I don’t think anybody looking at it would argue with me.”

A bigger problem with ACRIS, he continued, is its “consistency of information” in terms of late postings for co-op data, for example.

Representatives for the DOF were not immediately available for comment.


Related Articles

arrow_forward_ios
(iStock/Illustration by Kevin Rebong for The Real Deal)
Manhattan market cools as mortgage rates rise; Brooklyn busier
Manhattan market cools as mortgage rates rise; Brooklyn busier
(iStock, Illustration by Kevin Rebong for The Real Deal)
Can Hamptons, North Fork markets get any tighter? Yup
Can Hamptons, North Fork markets get any tighter? Yup
(iStock/Photo Illustration by Steven Dilakian for The Real Deal)
Home sales climb to 15-year highs in Brooklyn and Queens
Home sales climb to 15-year highs in Brooklyn and Queens
(iStock)
Inventory has “essentially collapsed” in NYC’s northern suburbs
Inventory has “essentially collapsed” in NYC’s northern suburbs
(iStock/Illustration by Kevin Rebong for The Real Deal)
Manhattan, Brooklyn rents jump to new heights as Queens leasing continues surge
Manhattan, Brooklyn rents jump to new heights as Queens leasing continues surge
(iStock / Photo illustration by Priyanka Modi for The Real Deal)
March inventory numbers bode well for city’s housing market
March inventory numbers bode well for city’s housing market
Manhattan (iStock)
February frenzy: Manhattan rents smash records as bidding wars become norm
February frenzy: Manhattan rents smash records as bidding wars become norm
Home shopping in the suburbs? Listings still scant
Home shopping in the suburbs? Listings still scant
Home shopping in the suburbs? Listings still scant
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...