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… … While a new sponsor may well want to get rid of some of your buildings … Schwarz Sladkus Reich Greenberg Atlas LLP They prefer to buy entire rentstabilized buildings And in a coop or condo … stop paying the maintenance on blocks of rentstabilized apartments which lands the tenants in housing court In …
… got you all sure youll be renting forever In this weeks Buy Curious guest broker Eydie Saleh of Mirador Real Estate shares her intel on coop sponsor units so you can determine whether they may or may … rental building is converted into a coop or condo and some apartments are kept as investments by the developer aka the …
… coop and condo owners from selfdealing contracts struck by sponsors we became curious not only about the sorts of … ever for sponsors to line their pockets at the expense of apartment ownersespecially among developers struggling to … hands … Four years ago when the market was really hot and buyers werent necessarily checking the last dollar on …
… real estate lawyer and partner at the firm Wagner Berkow A sponsor who retains ownership of severalor sometimes even an outright majorityof the apartments in a building can create significant operational … who intend to rent out the apartments they buy And because this is so prominently disclosed right on …
… Sponsor apartments are among the most soughtafter coops on the market today mostly due to the fact that buying one allows you to skip the dreaded board interview … need to do in order to score one for yourself in this weeks Buy Curious … The proposition … Id like to buy a sponsor …
… onebath in a prewar coop in Prospect Heights is a sponsor unit so no coop interview required and despite that … is petfriendly The address 415 Saint Johns Place puts the apartment two blocks from the Brooklyn Museum and the 234 … mass opening of cocktail bars nearby For our full guide to buying sponsor apartments click here … You Might Also Like … …
