Planning to Buy Your First Condo in New York City
When buying your first condo in New York City, you need to approach it as buying your first home. There is no need to stretch yourself financially, and you can…
Share
Condo vs. Co-op: Get the Facts in NYC
New Yorkers have a relatively firm understanding of the real estate market and its nuances. Particularly true in regards to the trade-offs between condo vs. co-op. However, if you’re thinking…
Share
High Floor Walk-up Apartments in NYC
When searching for my own NYC apartment, I toured some pretty sweet Manhattan fifth-floor walk-ups, which, at the time, seemed almost feasible. (I skipped the sixth-floor ads intentionally and later…
Share
Offering Plans for Co-ops and Condos in NYC
New York State protects buyers from purchasing a sponsor-owned condo or co-op. In this case, the New York State Attorney General regulates the sale of condos and cooperatives via an…
Share
Purchasing Process for Condo or Co-op in NYC
Those who have never purchased a New York City apartment tend to underestimate how long it takes to buy a condo or co-op apartment. Find a reputable buyer’s agent, real…
Share
The Master Building Insurance Policy
Having insurance is vital for every homeowner, but a surprising number of people don’t understand what their insurance covers. More specifically, what is covered by apartment insurance and what is…
Share
The Buildings Election of The Board Members
Co-ops and condos both have a board of directors that oversee matters, but how they get into office is a bit opaque. While a directorship is an elected position, its…
Share
What is a Legal Bedroom in NYC?
As anyone who’s tried to find rental apartments in New York City knows, landlords tend to stretch the truth regarding room descriptions. Take, for instance, this Brooklyn beauty stairway room…
Share
Fiduciary Duties of Your Buildings Board
Some co-op boards are notoriously strict, and there are questions to ask the condo board. However, even in the case of a problematic board member, they owe you a fiduciary…
Share
House Rules for a Condo and Co-op in NYC
Co-op or condo buyers or tenants in New York City should know a particular set of policies. The governing policies are called house rules. The house rules govern day-to-day normal…
Share
