maintenance & common charges

Nikki's Notes: How can buyers make sense of high maintenance fees and common charges at co-ops and condos?

Sponsored By Nikki Beauchamp |March 6, 2025 - 12:30PM

A condo or co-op with lower carrying costs can make buying more doable. Here's where to find one

… ratio which can in turn impact whether or not you meet the financial requirements of a coop board or a lender These … them back completely Also make sure you understand the financials of a building before you commit to buying … building size … A healthy reserve fund is important for the financial health of a building Although there is no …

By Emily Myers |December 27, 2024 - 2:30PM

A row of a variety of apartment buildings and skyscrapers along a street in Greenwich Village of New York City

Co-ops

3 key reasons why the owner vs. renter ratio matters when buying a NYC condo or co-op

Sponsored By DL Partners |October 16, 2024 - 9:30AM

New Yorkers on pedestrian walkway between apartment buildings.

Negotiating + Financing

Housing nonprofit secures $1 million to extend foreclosure prevention program

By Celia Young |October 9, 2024 - 12:00PM

Negotiating + Financing

Top 12 questions New Yorkers ask their mortgage bankers

Sponsored By National Cooperative Bank |July 11, 2023 - 9:30AM

a view of the Lower West Side of Manhattan, featuring a number of water towers on the roofs of apartment buildings

Sales Market

Do carrying costs include monthly mortgage payments?

… … The term carrying costs broadly includes all the monthly financial obligations of owning an … to pay for your coop or condo your carrying costs will include your monthly mortgage payments The term carrying costs includes monthly maintenance or common charges mortgage …

By Emily Myers |April 10, 2023 - 10:00AM