What Obligations and Time Requirements Come With Joining a Co-Op Board?

From building to building and board to board, situations will vary. There will be differences in the amount of time you devote to the position and the duties you have. Meetings are held at least once a month, along with the associated planning and follow-up. Contacting a current or former board member is one way…

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Co-Ops vs. Condos: What’s The Difference?

Condos and co-ops are comparable, but they also have distinctive qualities that give residents a wide range of possibilities. The real estate market in New York City is unique from all others in the country in many respects. The fact that apartments for sale in NYC are either condominiums or co-ops is one of the…

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Policy For NYC Co-Op Sublets 

When a New Yorker is interested in acquiring a NYC co-op unit, one of the most common concerns is: what is the sublet policy?  Even though you may have long-term plans to stay, it’s critical that you understand how the subletting policy will impact you personally as a shareholder. Before you decide to invest in…

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