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 while scanning the citys listings  A sponsor coop is an apartment … to skip the board approval process a huge relief for many buyers Most coop buildings were converted from rental …

By Celia Young |July 24, 2025 - 11:30AM
What’s a condop? What do I need to know about buying there?

… coop units and the commercial space This board handles issues related to the buildings general common elements such … with the unique arrangement of condops and be willing to live in a mixeduse building Sometimes a condop can make it … while looking for coops or condos and reading the fine print  … How to finance or sell a condop … Lenders treat …

By Evelyn Battaglia |May 6, 2025 - 10:30AM