What’s a condop? What do I need to know about buying there?

… for sponsor coops A condop is probably the most misunderstood type of NYC apartment and while brokers often describe … homeowner tax deductions To fix that owners and developers divided their buildings  The commercial space was designated … to the commercial space So its important to find out how well the boards function by asking the managing agent …

By Evelyn Battaglia |May 6, 2025 - 10:30AM
What is a CEMA loan, and how can it reduce my mortgage recording tax?

… their mortgage In some unique cases it is also available to buyers  Why do owners and buyers use a CEMA This maneuver can help you avoid paying … the full $200000  This loan type is unavailable to coop buyers because mortgage recording tax is paid on real …

By Evelyn Battaglia |March 25, 2025 - 9:30AM