Buying an apartment in a New York co-op building can seem like such a great idea — at first. But just wait. There is often a steep learning curve that runs from happy optimism to weary cynicism. This is one such story, as I remember it. As most New Yorkers know all too well, when you buy a co-op, you don’t technically own the apartment itself, unlike a condominium. Instead, you are buying shares in a corporation with a group of strangers, and then you sign a lease. Read the article……………….
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October 6, 2014
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