HABITAT
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.
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The Co-op/Condo Owner's Manual
Rising interest rates are spooking buyers; sellers are pulling back, too.
Renters will be able to buy new apartments for as little as $250.
Co-ops and Condos Could Get Boost from Mayor's Homeownership Push
Written by Bill Morris on July 21, 2022
City Hall wants to increase affordable homeownership, especially among minorities.
There are pros and cons for boards and buyers when the sponsor sells an apartment.
After a brief surge, luxury sales enter bear market territory.
Artificially low price is allowed to stand — and board gets stuck with legal fees.
Two new developments will have strict income caps and resale limits.
Low Inventory, Rising Interest Rates Slow Co-op Sales
June 03, 2022
Higher interest rates put a drag on demand, resulting in drop on closings.
Spur for affordable housing, derided as welfare for developers, appears doomed.
Dumbo Condo Tower Prices Sail Into the Stratosphere
May 13, 2022
The sail-shaped Olympia Dumbo tower is shattering price records in Brooklyn.
Board Talk
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Habitat Week by Week
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
Ask the Experts
learn moreLearn 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
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