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Ask An Expert: When is a "penthouse" not a penthouse?

by Leigh Kamping-Carder | 2/04/14 - 10:40 AM

Q.  I'm in the market for an apartment on the top floor of a building--no stomping neighbors above my head, thank you very much! But it seems like every listing advertises these units as...

Ask an Expert: Are there any drawbacks to buying an apartment under an LLC? Can I still get a mortgage?

by Teri Karush Rogers | 1/28/14 - 2:18 PM

Q.  Are there any drawbacks to buying an apartment under an LLC? Can I still get a mortgage?

A. There are indeed some disadvantages to...

Ask an Expert: What's the worst that can happen if I install a washer-dryer without permission?

by Teri Karush Rogers | 1/21/14 - 8:59 AM

Q. What's the worst that could happen if I install a washer-dryer without permission? If the co-op board finds out, I'll just have to remove it, right?

A. Whether you'...

Ask an Expert: How much more should I price my apartment than the most recent sale in my line?

by Teri Karush Rogers | 1/14/14 - 2:37 PM

Q. Assuming all other things are equal (condition, light, view, etc), how much more should I price my condo than the most recent apartment that sold in my line and closed in October? ...

Ask an Expert: My neighbor's son is a registered sex offender. Can we kick him out of the co-op?

by Teri Karush Rogers | 1/07/14 - 3:15 PM

Q.  The adult son of a neighbor in my co-op building recently moved in with her. He is a registered sex offender who was convicted of molesting young boys eight years ago. This is a...

Ask an Expert: Which do buyers want more--a renovated kitchen or renovated bathroom?

by Teri Karush Rogers | 12/31/13 - 1:52 PM

Q. For financial reasons, I need to choose between renovating my bathroom or the galley kitchen of my one-bedroom co-op.  There's a good chance that I will sell within the next two or...

Ask an Expert: Can my dog stay overnight in a no-pet building?

by Teri Karush Rogers | 12/17/13 - 2:40 PM

Q. If my daughter buys a co-op in a no-pet building, will I be able to visit her overnight with my 35-pound Boston Terrier?  Does "no pets" means a dog cannot go in the building or stay...

Ask an Expert: Are condo boards as powerful as co-op boards?

by Teri Karush Rogers | 12/10/13 - 2:40 PM

Q. Are condo boards as powerful as co-op boards? Are they as difficult when it comes to renovations and sublets?

A: Though condo boards and co-op boards each operate...

Ask an Expert: Can my co-op kick me out for leaving the gas on?

by Teri Karush Rogers | 12/03/13 - 2:18 PM

Q.  I inadvertently left my stove on for an extended period of time and gas leaked. It was not until my neighbors and the super came by that I was aroused and turned it off. Can my co-op...

Ask an Expert: How much cheaper is an apartment in a landlease building?

by Teri Karush Rogers | 11/26/13 - 2:25 PM

Q.  If you have two identical apartments--one in a building that has a landlease, and one in a building that owns the land it sits on--how much less is the landlease apartment worth?...

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