Real Estate & Home

Is It Worth Buying a Co-Op Apartment in New York City?

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Co-ops in New York City offer significant discounts compared to condos, with median prices up to 62% lower in some boroughs. This affordability is crucial for buyers priced out of the condo market but comes with slower appreciation rates and potential risks like rising maintenance costs or ground lease renegotiations. Developers and tech professionals should consider these factors when advising clients on property investments.

Read the full article at Realtor.com Blog

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