maintenance & common charges

A row of NYC apartment buildings
Sales Market
A condo or co-op with lower carrying costs can make buying more doable. Here's where to find one
By Emily Myers |December 27, 2024 - 2:30PM
New Yorkers on pedestrian walkway between apartment buildings.
Negotiating + Financing
Housing nonprofit secures $1 million to extend foreclosure prevention program
By Celia Young |October 9, 2024 - 12:00PM
a view of the Lower West Side of Manhattan, featuring a number of water towers on the roofs of apartment buildings
Sales Market
Do carrying costs include monthly mortgage payments?

… your carrying costs will include your monthly mortgage payments  The term carrying costs includes monthly … they include property taxes and your contribution to the payments for the buildings underlying mortgage  In a condo … Here you need to factor in your property tax as a separate payment Condo buildings do not have underlying mortgages so …

By Emily Myers |April 10, 2023 - 10:00AM
loan payment equation sketched on a white napkin with a cup of coffee
The Search
How do high carrying costs lower the sales price of a co-op or condo? Is there a formula to figure this out?
By Emily Myers |March 13, 2023 - 12:30PM
image
The Search
Why a tax abatement should be on your condo or co-op wishlist
By Emily Myers |February 16, 2023 - 1:00PM
image
Sales Market
5 NYC one-bedroom condos for sale with monthlies under $900
By Austin Havens-Bowen |November 2, 2022 - 9:30AM