New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide



When it comes to the luxury market, it's condos that tend to get all the attention in New York City. But co-ops can be pretty swanky, too. Take the triplex south tower penthouse on Central Park West. The New York Times reports that Demi Moore, who purchased the penthouse with her then-husband Bruce Willis in 1990, and acquired the residential maisonette, is selling it. "The asking price for the residence, PH26C, along with a two-bedroom two-bath lobby level maisonette, No. 1H, included in the sale, is $75 million," according to the exclusive. If there are any takers, that figure "would set a record for an Upper West Side co-op and shatter the in-house record of $26.4 million achieved at the San Remo last year." So how much does it cost to live in the crown jewel of the San Remo? Monthly maintenance for the penthouse would set you back $17,912.85. That's for nearly "7,000 square feet of interior living space and 1,500 square feet of wraparound terraces with panoramic park, river and cityscape vistas from the 28th floor." Monthly maintenance for the maisonette would set you back an extra $3,273.

Photo by Carmen Cordelia (English Wikipedia) [GFDL ( or CC-BY-SA-3.0 (], via Wikimedia Commons

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, Seward Park Co-op shareholders protest the suburbanization of the Lower East Side, a church rattles a co-op's walls, and there are, like, 10,000 LEED-certified buildings in the U.S now. Is your co-op or condo one of them? Why or why not? Please discuss. Plus, an Upper West Side arborcide, mandatory volunteerism at a self-managed co-op, and a condo owner wants to turn his place into a bed-and-breakfast. Kate Winslet, on the other hand, is looking for a more long-term rental of her Chelsea condominium.

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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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