What repairs are co-op and condo owners responsible for, and what do buildings take care of?

… lease an agreement that has similarities to a lease in a rental building  In addition for NYC renters theres a set of rules called  the warranty of … to assist affected neighbors  Again the situation is different for condos In a condo you have to fix it yourself and …

By Brick Underground |August 26, 2025 - 9:30AM
The pros and cons of buying a co-op sponsor unit: You don't need board approval, but you'll likely pay a premium

… If youre looking to buy a coop in New York City the term sponsor unit may have caught … you get to skip the board approval process a huge relief for many buyers Most coop buildings were converted from …

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