The New York City real estate market is known for its excitement and dynamism and part of the reason for this is its unique co-op market. Applying for and living in co-ops vary greatly from normal real estate transactions, making it a complex process.
As co-ops make up for 75% of New York City’s apartment buildings, its important that buyers understand how to navigate the co-op world. This article will cover everything you need to know about buying a co-op in New York City, from being approved to making an offer.