New York City Living
New York City Living
In a co-op, the building is owned by a corporation. The shareholders are the owners of the building. The shareholders buy shares in the co-op corporation, and their shares give them the right to occupy an apartment in the building. When a shareholder sells an apartment in the corporation, they sell their share of the…
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You have finally decided to stop renting and invest in buying your own place instead. You start looking for apartments for sale in New York, and you find yourself confused by the sheer variety of options in real estate: co-ops and condos. You may have heard of them before, but you don’t know what their…
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If you are a New Yorker, you know that New York City is famous for its high-priced residences and rentals and prestigious commercial real estate properties. Most Americans would struggle to pay to live in Manhattan, however, especially as a property owner. According to consumer data, the city is the third most expensive place to…
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If you are considering investing in a co-op in NYC, you likely know that it is a big decision. Your research should start with figuring out the best questions to ask when buying a co-op. As with any real estate investment in NYC, it is essential to research the type of property you are purchasing…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.