The pros and cons of buying a co-op sponsor unit: You don't need board approval, but you'll likely pay a premium

… eye while scanning the citys listings  A sponsor coop is an apartment being sold by the buildings owner or the … places can also have higher closing costs than regular units  Consider this your goto guide to sponsor apartments … is the only difference you might see a 5 percent or even 10 percent premium on the sponsor unit  Additionally if you …

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

… common hallways or laundry rooms What to know about buying or selling a condop in NYC Multiple boards add … specific to the residential spaces such as common hallways  Buyers should do their due diligence Having different boards … condo expense a coop expense or a commercial expense There can be gray areas as to which entity is responsible for …

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