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

Rising interest rates are spooking buyers; sellers are pulling back, too.

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Renters will be able to buy new apartments for as little as $250.

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City Hall wants to increase affordable homeownership, especially among minorities.

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There are pros and cons for boards and buyers when the sponsor sells an apartment.

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After a brief surge, luxury sales enter bear market territory.

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Artificially low price is allowed to stand — and board gets stuck with legal fees.

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Two new developments will have strict income caps and resale limits.

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Higher interest rates put a drag on demand, resulting in drop on closings.

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Spur for affordable housing, derided as welfare for developers, appears doomed.

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The sail-shaped Olympia Dumbo tower is shattering price records in Brooklyn.

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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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