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York City, the coop cannot afford to offer this amenity at no charge. We must either charge
are on their own, to answer for their reckless action, without the insurance protection normally afforded
water, it's probably still a bit shaky. Maybe Shareholders in YOUR area can afford $5000 per month
is that if people can afford a mortgage at 6.35% fixed, 30 years and only but 10-80% equity and meet their financial
is that if people can afford a mortgage at 6.35% fixed rate for 30 years and only but 10-80% equity, meet
board members. He claimed they OK'd a new coop fee that he couldn't afford to pay and they knew he had
on to it until the market's better if the co-op can afford it.
if the mix is affordable to the individual at the end of the transaction. I had the experience of asking
our bills. Some people just can't afford to live here and it's a very tough situation, especially
Cooperatives may have been created as a form of affordable first time homeownership but how can we

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

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Kaled Management

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