New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

CO-OP/CONDO BUYERS


WHAT CO-OP/CONDO BUYERS NEED TO KNOW

Apartment Owners and Buyers: 

Buying a NYC co-op or condo apartment is one of the biggest investments you'll every make. This purchase is more than just buying a home, it's investing in a housing corporation. Articles, here, will help you understand what your investment really means, and how to make a safe one.
Plus, get check out: 
The Co-op/Condo Owner's Manual

Amid the gloom, there's good news for co-op and condo buyers in New York City.

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Some say due diligence of financials, reserve fund and capital plan is enough.

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A lawyer on the co-op board serving as sellers' rep is a bad idea.

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Tight inventory and high mortgage rates portend sluggish sales in 2023.

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Home ownership just got easier in small buildings.

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High-end condos selling much faster than their co-op counterparts.

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With interests rates high and inventory low, tax breaks have become a plum.

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High prices and high interest rates could turn the city into a gilded isle for the wealthy.

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Sales of luxury apartments are especially hard hit as market cools off.

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Rules on down payments and renovations are two of the market-driven changes.

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Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

Source Guide

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