What should a new home buyer know in New York City?
Please read this post in reddit for First Time home buyers in NYC? It is thousands of dollars for lawyers and accountants.
One important fact is also local knowledge matters. Also, often lawyers may not know the area.
And most important is the local laws and the local politics and local tax law.
See https://app.tidalforce.org/newtax to understand what the pending 2019 property tax change would do to you or any property.
I also question whether this question / post on reddit is really just an advertisement for lawyers etc.
Just in case reddit deletes the post. One never knows! It is attached here.