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 …   So if the loan amount is conforming up to $1209750 in NYCthen its possible to get as much as 97 percent financing …

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