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Hot Topic: Co-ops vs. Condos

Hot Topic // Jan 04, 2017

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What is the latest on the topic of Manhattan luxury co-ops? Before the New Year, Bloomberg reported that the favor for co-ops has fallen since 2015, while buyers’ preference for newly built condos with amenities and without strict board rules has grown. CORE’s seasoned broker, Emily Beare was quoted offering her knowledge on the subject. She stated that even though many buyers reject co-ops, others are still interested in having their neighbors vetted. While opinions shift, many stay the same!

Click here to read the full article: Manhattan Luxury Co-Ops Fall Out of Favor