New York's Cooperative and Condominium Community

Habitat Magazine Business of Management 2021

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

Low Rents Driving Investors Away From Condos

Written by Bill Morris on July 16, 2021

New York City

Rising sales of rental units boost owner occupancy.

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Co-op boards forfeit some powers when sponsors sell units.

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Good News for Co-ops and Condos: Sponsors Are Selling

Written by Mark N. Axinn on July 08, 2021

New York City

Uptick in sales of sponsor apartments is boosting owner occupancy.

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Co-op boards now have to give the reason why a prospective buyer was rejected.

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Co-op boards will have to give reasons for rejecting purchase applications.

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New report shows brisk sales, strong preference for condos among buyers.

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There's no getting around this quirky demand of co-op boards.

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After years of failure, reform proponents are hoping to break through.

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Construction boom plus pandemic equals a glut of empty apartments.

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Escrow accounts, now forbidden, once helped finalize apartment sales.

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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

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