NYC Co-op Buyers: The New Application Timeline Law Starting July 28, 2026
Starting July 28, 2026, NYC co-op boards face hard deadlines: 15 days to acknowledge a purchase application, 45 days to decide. The buyer side of the most consequential…
Starting July 28, 2026, NYC co-op boards face hard deadlines: 15 days to acknowledge a purchase application, 45 days to decide. The buyer side of the most consequential…
If you serve on a NYC co-op board, the pied-à-terre tax is the building’s problem, not just the shareholder’s. The mechanics are not fully clarified, and the worst-case…
NYC buyer closing costs run 2 to 5 percent of the purchase price. The biggest lines (mansion tax, mortgage recording tax, title insurance) are not reducible directly, but…
A Manhattan townhouse is a different transaction than a condo or co-op: no board, full building ownership, a longer diligence list, and a market that frequently trades off-list.…
The NYC mansion tax runs from 1% on a $1M condo to 3.9% on a $25M+ townhouse, applied as a cliff to the entire purchase price. The buyer…
For a NYC pied-à-terre, condo vs. co-op is usually decided before you tour a single apartment. Most co-op boards restrict part-time, non-primary-residence use. Here is how the two…
What "off-market" means in NYC, why sellers and buyers use it, and how to get access, from a team that has closed over $500 million off-market.