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Approvals (purchases, alterations, refis, subletters, pets)

Manhattan skyline
Sell
How should co-op and condo boards navigate seller-financed purchases?
By Jennifer White Karp |November 8, 2023 - 2:30PM
white and brown concrete
Board operations
What are the responsibilities of a co-op or condo board?
By Tina Larsson |October 10, 2023 - 12:30AM
On laptop diverse people
Legal
What questions are illegal to ask a buyer during a board interview?
By Holly Dutton |October 10, 2023 - 12:30AM
Manhattan apartment buildings
Negotiating + Financing
Here's why it's so hard to get condo questionnaires filled out by management companies

… seeking a conforming loan or owner looking to refinance you might not realize the process involves a behindthescenes … additional sometimes duplicate questions from lenders What does this all mean for buyers and owners You need to be … question about the flip tax amount 2 percent Two percent of what Sale price Profit Who is responsible for paying …

By Jennifer White Karp |August 17, 2023 - 4:00PM
condo and office buildings in downtown Manhattan
Sell
There's a semi-secret list of NYC co-op and condo buildings that are off limits to certain mortgage lenders

… lenders wont touch It could be a nightmare situation for a buyer seller and the building in general That scenario is the new reality for nearly 40 apartment buildings in NYC that appear … market participant we believe that lenders are in the best position to have conversations with their customers …

By Jennifer White Karp |April 5, 2023 - 1:30PM
Traveling Man Arriving with Suitcase to NYC Residence Enters Doorway
The Market
NYC's Prohibited Buildings List banning short-term rentals goes live
By Jennifer White Karp |March 6, 2023 - 5:05PM
image
Co-ops
New bill would require NYC co-op boards to give reasons for rejecting a buyer
By Emily Myers |February 9, 2023 - 2:30PM
image
Co-ops
Should our co-op board approve purchases or transfers to trusts?

… … Requests to transfer a coops shares to a trust or to buy a coop with a trust or limited liability company do add … or sale from home inspection to contract negotiations and closing says managing partner  James Woods To learn more … approve purchases or transfers to trusts … Buy … Co-ops … Ask a Co-op & Condo Lawyer … boards … buying … co-op board … …

Sponsored By Woods Lonergan PLLC |June 27, 2022 - 12:30PM
image
Troubleshooting
Members of our board and the board itself are being unfairly sued. What do we do?
Sponsored By Adam Leitman Bailey, P.C. |April 21, 2022 - 9:30AM
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