The pros and cons of buying a co-op sponsor unit: You don't need board approval, but you'll likely pay a premium

… eye while scanning the citys listings  A sponsor coop is an apartment being sold by the buildings owner or the … from rental buildings in the 1970s and 1980s Existing tenants had the option to buy their apartments or keep … the tenant When the tenant moves out and the building owner sells the unit the apartment is listed as a sponsor unit …

By Celia Young |July 24, 2025 - 11:30AM