How do high carrying costs lower the sales price of a co-op or condo? Is there a formula to figure this out?

… monthly costs of $2500 a month is there a way to figure out how the difference in monthly payments should be reflected … compared to similar types of buildings Levin uses $250 per square foot as an average carrying cost for coops and condos … average seven to 10 years you will own the apartment how much would accumulate You can do the same for all the comps …

By Emily Myers |March 13, 2023 - 12:30PM
Why a tax abatement should be on your condo or co-op wishlist

… search parameters when youre hunting for a condo or coop to buy in New York City  Tax abatements exempt you from paying … the Lower East Side was a huge selling point She paid $14 million for a  one bedroom and the abatement substantially … a NYC tax abatement work … Tax abatements run for five to 25 years and they phase out over time This means you will …

By Emily Myers |February 16, 2023 - 1:00PM