What is a co-op or condo assessment? How is it calculated?

… can run for a few months to a few years depending on the cost of the upgrades Whether a board imposes an assessment … they have on hand for emergencies  Imposing an assessment allows a board to avoid a permanent increase to the condos … square footage is identical assessments can vary between apartments A higher floor will usually have a higher common …

By Emily Myers |March 28, 2023 - 9:30AM
Changes by Fannie Mae to prevent another Surfside tragedy mean some NYC buyers will lose access to loans

… for real estate sales in New York City Thats because Fannie Mae one of the governmentbacked entities that buys loans from banks recently issued new guidance to …

By Jennifer White Karp |December 28, 2021 - 9:30AM