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How to Spot a Friendly Co-op or Condo Board

Nov 13, 2023 ,,,,,,,,

When you buy a co-op or condo in New York City, it’s easy to focus more on the apartment (its price, size, and location) than the building–let alone the personality and temperament of the co-op or condo board that runs it. But make no mistake: Beyond deciding whether you may become an owner in the […]

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What to say (and what not to say) in a board interview

Nov 13, 2023

The good news about the co-op board interview is that the vast majority of turndowns–based on a buyer’s financial package–occur before an interview takes place. Attorneys have counseled their boards to do this in order to cut down on lawsuits alleging discrimination. That means that most of the time, if you’ve gotten to the interview, […]

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Reasons you might be rejected by a co-op before you ever reach the interview

Nov 13, 2023

The vast majority of rejections occur before the co-op board interview, based solely on yourapplication. As one Manhattan property manager shared with the NY Times, out of 350transactions in buildings managed by his company, 20 buyers were turned down before theinterview, and only 1 afterward. Co-op boards do not have to explain why they rejected […]

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