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 … that established the coop There are several advantages to buying this type of apartment the biggest one is that you … wont need further vetting   Buying in a sponsorowned coop allows you to finance as much as the banks will allow you …

By Celia Young |July 24, 2025 - 11:30AM
Brad Lander pitches homesharing and co-ownership for city workers to ease the housing crisis

… one of his housing priorities He wants to make affordable homeownership possible for all New Yorkers Lander is one of … pass the Housing Access Voucher program and for that fourth category state funding and HAVP are needed to make it work … … unless a building is zoned for singleroom occupancy And roommates have to be given access to the entire apartment …

By Celia Young |February 24, 2025 - 3:30PM
How to rejection-proof your NYC co-op or condo application package

… you need to supply two years of federal tax returns   … Letters of recommendation  … A condo application will … to whom the board can reach out A coop will require actual letters of recommendation like these reallife coop reference … a broker at Corcoran Personal and professional reference letters are a requirement for coops and landlord …

By Jennifer White Karp |January 7, 2025 - 12:30PM