What does 'right of first refusal' mean when you are selling a NYC condo?

… A New York City condo board has limited ways to exercise control over sales in the building unlike a coop … a waiverand let the sale go ahead so it is very rare for a board to exercise the right of first refusal although … fair market price it can lower the sales price of other apartments in the building Steven Goldschmidt director of …

By Brick Underground |May 16, 2024 - 2:30PM