Increase in sponsored co-ops, pieds-à-terre owners eager to sell, & more
By Austin Havens-Bowen |February 19, 2021 - 1:30PM
This week readers visited Brick Underground to learn about an increase in sponsored co-ops on the market. Brick found listings for these types of apartments, which don't need board approval, are up by about 50 percent, likely because of Covid-related deaths.
Also if interest: Some NYC pied-à-terre owners are eager to sell because the city's amenities are mostly shut down and they're not coming here—which means buyers can benefit from rarely available apartments with high-end renovations.
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