Buy a co-op at a discount: All about HDFCs and how to get one

… coops for people who earn lower incomes In NYC at least 1100 buildings are limitedequity coops set up as … noted that HDFCs often function similarly to typical coops rules vary from building to building depending on the bylaws … HDFC owners won a significant victory in 2021 when the US Court of Appeals for the Second Circuit ruled that their …

By Evelyn Battaglia |August 11, 2025 - 10:30AM
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 your eye … for July 2025 Keep in mind that sponsor apartments can be more expensive than resale coops despite the wear and tear … unit filter found under the more tab which turned up 246 coop listings across the five boroughs in a recent search  …

By Celia Young |July 24, 2025 - 11:30AM
What’s a condop? What do I need to know about buying there?

… for a condop particularly if you are searching for sponsor coops A condop is probably the most misunderstood type of … As a result they will have multiple boards that separately govern the residential and commercial parts of the building  … If the amount went over 20 percent the shareholders couldnt take advantage of certain homeowner tax deductions To fix …

By Evelyn Battaglia |May 6, 2025 - 10:30AM