Buying a co-op sponsor unit means you don't need board approval, but you'll likely pay a premium

… If youre looking to buy a coop in New York City you may have come across the term … that established the coop There are several advantages to buying this type of apartment the main benefit is you get to …

By Emily Myers |July 20, 2023 - 1:30PM
Pros and cons of buying a sponsor unit

… When a coop apartment is described as a sponsor unit it means it is … entire building Typically these apartments are easier to buy than other coops but there are some advantages and disadvantages to be aware of here For starters When you buy a sponsor coop you wont be dealing with a resale owner …

By Emily Myers |February 26, 2020 - 12:00PM