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Posts tagged "Condominiums & Cooperatives"

Tips for selling your share of a co-op

Not just anybody can buy your share of a co-op. Housing cooperatives are quite common in New York, but the ownership interest in a co-op works very differently than owning an individual home. Taxes and repairs are shared, and there are a lot of advantages to pooling your resources -- but reselling often requires finding someone that the co-op will accept as a buyer.

Get help for your New York condominium legal issues

When a housing development or apartment building converts to a condominium there's often a steep learning curve involved for everyone. Some of the problems you may encounter -- whether you're a developer or a resident -- can end up being easily resolved. Others will probably require some experienced legal assistance.

Thinking of buying a condo? Find out these things first

Condos have a lot of appeal to various kinds of people. For renters, condos can bring the perks of ownership without some of the hassles. For homeowners, a condo can feel like a step down without taking a step backward, especially when it comes time to downsize.

New laws that impact New York City condos and co-ops

Effective this year, there are some new laws that can impact residents of New York City condominiums and co-ops as well as the boards and corporations responsible for these residences. Let's look at two that are aimed at the health and safety of the people who live there.

What's exactly is cooperative housing?

These days, everyone is looking for ways to make life more affordable. Finding ways to reduce your housing costs is one way to do that -- so that has some people looking harder into cooperative housing as an alternative to owning a home, renting an apartment or buying a condo.

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