Condo vs. Co-Op: Which one is right for me?
Those on the market for an apartment will come across condominiums (condos) and co-operatives (co-ops) as viable options. Here in NYC, the market and population create a unique environment for potential apartment dwellers. There are some factors to keep in mind when trying to decide between these 2 options. CO-OPs Make up about 85% of apartments listed for sale in the NYC Marketplace. Almost all prewar buildings are cooperatives. Co-ops are more affordable for purchase and
Manhattan is a Buyer's Market at ALL Price Points!
With new construction projects and the surplus of inventory, 2018 has been the best buyer's market we have seen in years. Serious buyers now have lots of great options and opportunities to take advantage of. Let us help you navigate the new market, and get a great deal at great price. Increase in available units under $1 million. Inventory jumped by more than 25% in June, from a year earlier. As units pile up, prices have dropped and could leave options for buyers across the
