The pros and cons of renting in a NYC condo or co-op building

… Years ago when I rented a studio apartment in a small selfmanaged coop building in Murray Hill I got into a disagreement with my …

By Jennifer White Karp |January 12, 2026 - 10:30AM
What repairs are co-op and condo owners responsible for, and what do buildings take care of?

… Answers to these questions depend on whether you own in a coop or a condo building When you buy a condo you own the property and get a deed  A coop building on the other hand is structured as a … so instead of receiving a deed you are a shareholder As a coop owner you sign a proprietary lease an agreement that …

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

… eye while scanning the citys listings  A sponsor coop is an apartment being sold by the buildings owner or the corporation that established the coop … for many buyers Most coop buildings were converted from rental buildings in the 1970s and 1980s Existing tenants had …

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