Posts Tagged ‘co-op’
Taking Action in Your NYC Neighbourhood to Prevent Rats
Do you reside in a New York City area where rats are an issue? Don’t know where to start in fixing the problem?
Read on to learn about the safety precautions you should take.
Read MoreCommon Mistakes to Avoid When Hiring a Property Management Company
Hiring a Property Management Company can be a smart decision for property owners looking to reduce their workload and maximize their profits. However, not all property management companies are created equal, and making the wrong choice can lead to headaches and financial losses. To ensure that you choose the right property management company for your…
Read MoreMajor Problems Faced by Landlords and How a Property Management Company Can Help
As a landlord in Clinton Hill, managing your properties can be a challenging and time-consuming task. Whether you own a single-family home, a multi-unit apartment building, or commercial property, there are many potential pitfalls that can impact your bottom line. Here are some of the most common problems faced by landlords in Clinton Hill and…
Read MoreApplications for a Co-Op May Be Rejected for These 6 Reasons
Nobody wins when a board rejects a co-op unit sale or purchase in New York City. The fact is, you have very little power over the board’s approval in co-ops in New York City.
Read MoreYou’ve Decided to Join Your Co-Op Board of Directors; Here’s What to Consider.
The co-op board members in New York City are often older than the other shareholders in a co-op building.
One argument is that operating a building is impractical for most people who are just starting their professions or families. Especially since serving on a board may be an onerous and time-consuming task that pays nothing.
Read MoreNYC Co-Op Boards Must Present Justifications for Rejecting a Buyer Under a New Bill.
Eliminating some of the mystery surrounding how New York City co-op boards operate is generating increased interest. New regulations would force co-op boards to provide written justifications for rejecting potential buyers.
Read MoreBefore Purchasing: 15 Questions To Ask About A NYC Co-Op Or Condo Building
When buying a co-op or condo in New York City, there are a number of crucial things you should ask. Others may be concerning limitations placed on you by the board or the terms of the seller. Some queries will be about the culture or vibe of the building.
Read MoreWhat 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…
Read MoreCo-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…
Read MorePolicy 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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