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 … been renovated to sell at a higher price and these sponsor makeovers are not always necessarily in keeping with what … 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