BUY3 MIN
How Co-op Ownership is Structured in New York City
We have discussed co-ops, but we turn to a co-op’s basic structure. Unlike a condo, where you own the individual unit, you buy shares…
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NEW YORK PROPERTY INTELLIGENCE
Co-op, considered.
New York City Co-ops
01 BUYER STRATEGY 02 OWNERSHIP & BUILDINGS 03 MARKET & CAPITAL 04 SELLING & LEASING
CATEGORY ARCHIVE
Co-op perspectives.
A deliberately edited collection of market notes, transaction guidance, neighborhood context and ELIKA perspectives—not a daily content feed.
CO-OP4 MIN
Understanding How Co-Op Shares Work
Nearly 75 percent of all Manhattan housing inventory are co-ops, meaning most buyers and owners will have to understand and deal with co-op shares.…
CO-OP4 MIN
Questions to Ask at The Annual Co-op Shareholders’ Meeting
Once a year, there’s a special meeting for every co-op building: the annual shareholder’s meeting. Residents get to hear updates about building projects and…
CO-OP3 MIN
Cover Letter Sample for a Co-op Board Package in NYC
So after a lot of searching, you’ve finally found the perfect New York City co-op. You’ve successfully negotiated a price, signed the contract, and…
BUY16 MIN
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.…
CO-OP3 MIN
Writing an Offer Letter to Buy a Co-op
As always, bidding wars in New York City feel like the norm. With a low inventory and demand, sellers usually have multiple offers. If…
CO-OP4 MIN
How to Choose a Buyer Your Co-op Will Approve
The process for selling residential real estate in New York City doesn’t differ much from one building type to another. Except if the property…
BUY3 MIN
What is The Master Building Insurance Policy?
Having insurance is vital for every homeowner, but many people don’t understand what their insurance covers. More specifically, what is covered by apartment insurance…
CO-OP3 MIN
Building Board Elections for a Condo or Co-op
Co-ops and condos have a board of directors that oversee matters, but getting into office is a bit opaque. While a directorship is an…
BUY2 MIN
Co-op Board Rejection Because Of Low Price
A co-op board retains certain powers, which also come with responsibilities. One co-op board’s powers include approving or rejecting sales and purchases. A co-op…
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