Co-ops
… he says Its not only boards that have been flying blinda buyer considering a building with low reserve funds could be … to gauge what will be the cost of retrofitting So if youre buying a coop or condo in a NYC building 25000 or larger … concern And making the issue even more complicated for buyers Tomaselli points out is the fact that Fannie Mae and …
… If youre a low or middleincome New Yorker you might assume buying an apartment in this exorbitantly expensive city is … But you should know there are apartments set aside for buyers like you Housing Development Fund Corporation coops … Development This means you wont compete with higherearning buyers who can offer to put more money down or pay above the …
… … Requests to transfer a coops shares to a trust or to buy a coop with a trust or … do add another layer of bureaucracy for a coopbut an increasing number of boards are considering it says James Woods Esq …
