Buying for the first time in NYC? Be sure to prep your finances first

… the building however there are banks that will finance in buildings with just the minimum 15 percent sold she said … far beyond that down payment and upfront closing money Coop boards in particular require significant postclosing … be more restrictive than a banks lending standards Coops boards can also restrict how much financing you take out …

By Evelyn Battaglia |January 14, 2026 - 11:30AM