As part of our celebration of the holidays — and as a thank you to the larger community that supports us all year long — Realty Collective is proud to feature the work of key non-profit organizations making the borough (and beyond) better every day. We’ve selected 10 non-profits to highlight and we encourage everyone […]
As part of our celebration of the holidays — and as a thank you to the larger community that supports us all year long — Realty Collective is proud to feature the work of key non-profit organizations making the borough (and beyond) better every day. We’ve selected 10 non-profits to highlight and we encourage everyone […]
Most co-ops require buyers to put down 20-25% of the purchase price, about the same as what most lenders require these days. But the range can be vast, depending on the co-op—anywhere from 10% down (rare) to 50% or more at higher-end buildings. Co-ops also expect you to have sufficient money left over (also known […]
As part of our celebration of the holidays — and as a thank you to the larger community that supports us all year long — Realty Collective is proud to feature the work of key non-profit organizations making the borough (and beyond) better every day. We’ve selected 10 non-profits to highlight and we encourage everyone […]
Once the offer is accepted and the deal sheet is sent out, there’s still work to be done if you’re buying a co-op. And you probably have plenty of questions: Who exactly is looking at all this data, what are they looking for, and who is responsible for the due diligence at this step? Let’s […]
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 […]
At Realty Collective, it has always been our practice to monitor developments that may affect our clients and the way we serve them. The recent verdict in the federal court case against the National Association of Realtors (NAR) in Missouri is a significant event that has captured our attention. We understand that the court has […]
If you’re exploring the idea of owning an apartment in the dynamic city of New York, particularly in a co-op building, you’ve likely come to understand that the journey can be complicated. Co-op buildings, in particular, have unique requirements that go beyond the conventional real estate process. From rigorous board interviews to stringent financial criteria, […]
Welcome, Brooklyn residents! If you’re a landlord or tenant in our vibrant borough, you may be curious about the latest updates to New York’s security deposit laws for 2023. We will break down the latest and most significant changes to New York’s security deposit laws for 2023. So, let’s get right into it. Understanding Security […]
In New York City, affordable housing is often associated with rentals. Still, an alternative for those looking to own a home without breaking the bank is limited equity housing co-ops, specifically Housing Development Fund Corporations (HDFCs). These co-ops are tailored for lower-income individuals and families, offering below-market prices and strict income caps. What Are HDFCs? […]
