What repairs are co-op and condo owners responsible for, and what do buildings take care of?

… instead of receiving a deed you are a shareholder As a coop owner you sign a proprietary lease an agreement that has … safe and livable at all times These rules also protect coop owners In a condo building theres no warranty of habitability between the board and unit owners Here are some of the most contentious maintenance …

By Brick Underground |August 26, 2025 - 9:30AM
Buy a co-op at a discount: All about HDFCs and how to get one

… Affordable housing in New York City typically refers to rentals but … HDFC listings in NYC see below for how to narrow your search ranging in price from $85000 for a one bedroom in the … 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
12 tough co-op board interview questions—and how to answer them

… The scrutiny of a coop board interview can ratchet up the tension when youre buying in New York City Facing questions about your finances and … said No one wants to hear someone elses six year old learning the piano  … 3 Why are you downsizing … This is a …

By Brick Underground |July 30, 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

… If youre looking to buy a coop in New York City the term sponsor unit may have caught your eye …

By Celia Young |July 24, 2025 - 11:30AM
What is a community land trust? How does it help low-income buyers?

The key to understanding what a community land trust is … CLT as making sure that the gentrification steamroller does not continue to roll over the people of New Yorks … board and for the CLT giving them two ways to have a say in how their building is run The CLT provides ongoing services …

By Jennifer White Karp |February 25, 2025 - 2:00PM
Brad Lander pitches homesharing and co-ownership for city workers to ease the housing crisis

… Brad Lander bought an apartment with his wife in the 1990s for $125000 That move gave him the ability to build a life in NYC and inspires one of his housing priorities He wants to make affordable homeownership … like a piece of the program to be specifically for CUNY students  We estimate there are about 10000 rooms that could …

By Celia Young |February 24, 2025 - 3:30PM