New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

RESULTS FOR [SUNNY MONEY]

Search Habitat Magazine

Sort by: Relevance | Most Recent

to a drop in mortgage rates that make it cheaper to borrow money, but it also has to do with the high
-relief money in the hands of buyers will only keep demand growing, Miller predicts: “You’re looking at several
deep the pool of buyers is for these properties. The developers raised money, made rosy projections
for the city. And the winners are the bottom lines in city co-ops and condos that make money every time
,” said Emmons. “The ‘V-shaped recovery’ has been interrupted.” And no new economic stimulus money
money in the reserve fund. We were also able to secure a forgivable Paycheck Protection Program loan. We
be a warning sign of money trouble. If the building you're considering is not particularly high-end, the board
at the time – and with no restraints on all-cash purchases by foreign buyers looking to park their money
could make an offer for compensation to the buyer’s broker, with money often coming from the proceeds
says, if the board is dysfunctional or if there is no money available for repairs.

Ask the Experts

learn more

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

see the guide

Looking for a vendor?