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Why do NYC co-op maintenance fees vary so much from building to building?

Brick Underground // Jan 14, 2019

You don’t have to have a deluxe rooftop oasis or indoor pool to raise your maintenance costs. The lobby, hallways, a simple workout area, the laundry room, storage facilities all need to be maintained.

“That’s also part of what you own,” says John Harrison, a broker at CORE. “It’s not just that box [you live in] that’s causing you to pay more. What else are you getting?”

Additional, less glamorous comforts that can impact maintenance can include insurance, landscaping, heating and cooling costs, and paying for snow removal.

 

Click here to read the full article on brickunderground.com.

Original Article: Brick Underground