Category: Finance

Finance
Co-op, or Condo?

Although co-ops make up roughly 80 percent of the available-for-purchase housing stock in New York City, buyers often face this common dilemma when apartment: hunting: should they seek a co-op, or a condo? Many factors come into play in t…

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Finance
2019 April Capital Reserve Funds

As community members, co-op and condo owners work together to maintain the greater structure in which they live – not just their individual units. Major systems – things like boilers, roofs, and facades – are expensive to maintain and repai…

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Finance
Everything You Wanted to Know About Jumbo Loans

‘Jumbo loans.’  It’s a term we hear frequently and see advertised regularly.  But what exactly is a jumbo loan, and how did ‘jumbos’ come to be? Origins The world of home loans -- including co-op and condo mortgages -- has changed and evo…

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