Due Diligence Can’t Predict All Problems in Co-op and Condo Buildings (NY)

/ Owner - September 17, 2021

The deadly collapse of the Champlain Towers South condominium in Florida earlier this summer sent shivers all the way to New York City. It rattled co-op and condo boards, potential apartment buyers and the people responsible for ensuring the physical integrity of buildings. It also generated questions. Here’s a big one: How can a prospective buyer of a co-op or condo apartment find out what repairs the building might need in the next for or five years?    Read the entire article……………………………….

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