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… … The board of a traditional coop is not allowed to set a minimum price for an apartment … above a stated dollar amount or cant sell shares more than 10 percent below the appraised value of the apartment … prohibitionfor example restrictions on the sale of a onebedroom apartment for less than $1000000 or a two bedroom …
Meet our Experts
Sam Himmelstein, Esq., represents NYC tenants and tenant associations in disputes over evictions, rent increases, rental conversions, rent stabilization law, lease buyouts and many other issues.
Dean Roberts is a real estate attorney specialiazing in co-op and condo law at Norris, McLaughlin & Marcus in Manhattan.
Ryan Greer is the Senior Vice President and mortgage loan officer at National Cooperative Bank in Manhattan.
Christopher M. Tarnok, Esq., represents New York City property owners and condominium and cooperative boards in all real estate and construction related matters including litigation, transactional matters and the negotiation of construction and access agreements for residential and commercial projects.