The pros and cons of buying a co-op sponsor unit: You don't need board approval, but you'll likely pay a premium

… If youre looking to buy a coop in New York City the term sponsor unit may have … may have faced as rentals These places can also have higher closing costs than regular units  Consider this your goto guide to sponsor apartments so you know whats involved in buying one … Pro No board approval is …

By Celia Young |July 24, 2025 - 11:30AM
The pros and cons of buying a sponsor unit in NYC

… entire building Typically these apartments are easier to buy than other coops but there are some advantages and … be quicker but you may pay more for the convenience Heres what to consider if you are looking to buy a sponsor coop … … percent or even 10 percent premium on the sponsor unit   … Closing costs tend to be higher than resale coops … Compared …

By Emily Myers |February 26, 2020 - 12:00PM