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 … have told Brick Underground that renting in a New York City condo or coop is often a way to get a nicer apartment with … aware of before you sign a lease as a renter in a coop or condo You may love your apartment only to find out that you …

By Jennifer White Karp |January 12, 2026 - 10:30AM
Here are 8 real co-op board reference letters from successful buyers

… be included organized by key qualities that made each one successful … 1 Begin and end the letter correctly … Address … and  board package specialist at  BOND New York  She has successfully submitted hundreds of packages over the last 10 … where the buyer is applying …   … Key characteristics of successful coop board reference letters  Follow a formal …

By Brick Underground |December 31, 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

… for many buyers Most coop buildings were converted from rental buildings in the 1970s and 1980s Existing tenants had … in buying one … Pro No board approval is required … Hands down avoiding this nervewracking step is the most … down payment of only 10 percent when buying a sponsor coop However you may face higher closing costs  because buyers …

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