New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

CO-OP/CONDO BUYERS


WHAT CO-OP/CONDO BUYERS NEED TO KNOW

Apartment Owners and Buyers: 

Buying a NYC co-op or condo apartment is one of the biggest investments you'll every make. This purchase is more than just buying a home, it's investing in a housing corporation. Articles, here, will help you understand what your investment really means, and how to make a safe one.
Plus, get check out: 
The Co-op/Condo Owner's Manual

Don't Stick a Fork in Billionaires' Row Just Yet

Written by Bill Morris on September 01, 2023

Midtown East, Manhattan

Condo at 432 Park Ave. sells for $92 million, biggest sale of the year.

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An “assumption agreement” can avoid conflict over responsibility for prior repairs.

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Buyers avoid vetting by the co-op board, but they usually pay more for the unit.

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While sales of co-ops and condos fell, cash buyers hit an all-time high.

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New study says New York has the nation's highest median property taxes. 

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Neither buyers nor sellers are in charge in today's room-temperature market.

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Poll Shows Broad Support for Co-op Disclosure Bill

Written by Bill Morris on May 25, 2023

New York City

Public believes co-op boards should be required to reveal why they reject buyers.

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Demand for homes remains high despite high interest rates and low inventory.

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High-interest rates are pushing some apartment buyers to avoid mortgages by paying cash.

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Survey says selling a home in New York City is a world of stress.

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Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

Source Guide

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