New Episode! In this video, I explain what a COOP building is which is a question asked a lot by first-time buyers in NYC. Pros in buying an apartment in a COOP building include lower closing costs, higher owner-occupancy rates, and are generally larger apartments however they do have their cons. The buying process in New York City is different than anywhere in the country. The vast majority of inventory consists of cooperative and condominium apartments with a smaller selection of private homes, which we call townhouses or brownstones. It is vital to understand the differences between them as there are certain requirements that may prohibit your ability of ownership.
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30 авг 2020
