Will co-ops relax restrictions on rentals to compete better with condos?

… to be more permissive than coop boards making it easier to buy sell and sublet condos Condos also usually require less … the same way as before In terms of pricing most boards go with prevailing market conditions financial … rules are available in the area that they cover However buyers should not assume that buying a condo guarantees …

By Alanna Schubach |January 4, 2021 - 12:30PM
2021 NYC real estate forecast: Buyers stretch, sellers wait, and renters hold the cards—for now

… a profound effect on New York City and its rental and sales markets A s we head into 2021 even with the arrival of … minute effort but theres still longterm uncertainty As for buyers and sellers they will be looking for answers about … been forced to compete for tenants by lowering rents and offering concessions like free months and paying the broker …

By Jennifer White Karp |January 4, 2021 - 9:30AM