Email me at sargis@corenyc.com to book your FREE 30-minute one-on-one consultation if you are looking to buy, sell or rent in NYC or if you just have questions regarding NYC Real Estate.
One big con is that you are likely to be living around a lot of older people in your building or complex as co-op boards love the consistent income that a retiree brings.
the biggest con is when they tack extra charges onto your maintenance bill with no explanation. They don't explain the cuts to your STAR rebate. it's actually up to you to figure out your share of the buildings tax rebates, which is based on a complicated assessment formula which is never explained by the co op or the government.
Generally there is no one size fits all approach. Depending on a specific situation, buying a co-op may or may not be the best choice for an individual.
Email me at sargis@corenyc.com to book your FREE 30-minute one-on-one consultation if you are looking to buy, sell or rent in NYC or if you just have questions regarding NYC Real Estate.
One big con is that you are likely to be living around a lot of older people in your building or complex as co-op boards love the consistent income that a retiree brings.
Thanks for watching the video. NYC has so many co-ops and I wouldn't categorize co-ops as such. It's just a different type of ownership.
Great content. Very informative
Glad it was helpful!
the biggest con is when they tack extra charges onto your maintenance bill with no explanation.
They don't explain the cuts to your STAR rebate. it's actually up to you to figure out your share of the buildings tax rebates, which is based on a complicated assessment formula which is never explained by the co op or the government.
Very organized and well presented video
Thanks a lot
Great video. I was thinking to buy last year but I stopped looking. Will probably start again soon.
Good luck. Let me know if I can help. You can email me at sargis@corenyc.com
Nice background setup
Thanks!
Now I think that coops can actually work in my case
Thats great
Coops have way too many restrictions
Generally there is no one size fits all approach. Depending on a specific situation, buying a co-op may or may not be the best choice for an individual.
How much time it takes to make a video like this?
Filming doesn't take too long. But planning and editing is where I spend the majority of my time