The Difference Between Buying a Condo & Co-op in NYC—Explained in Inches

Many buyers are surprised by the sheer amount of paperwork involved in purchasing a co-op or condominium apartment in New York City.

As a real estate broker in Manhattan for over 20 years, I’ve personally completed and reviewed more than 1,000 condo and co-op purchase applications.

Having photographed some of these applications, I can visually demonstrate a striking difference between buying a co-op and a condo.

Your Privacy is Blown if You Make this Common Mistake When Buying Property in an LLC

People who purchase property through a Limited Liability Company (LLC) often do so to maintain privacy and limit personal liability in the event of lawsuits, divorces, or other legal matters. Owning property under an LLC is a common strategy for celebrities, high-profile individuals, and anyone who values discretion, as the LLC, not the individual, is publicly listed as the owner.

However, there’s a simple yet common mistake that many people make when forming an LLC, which can inadvertently expose their identity to the public.

5 Important Things a Non-US Citizen Should Know Before Buying an Apartment in NYC

NYC real estate attorney Adam Turk shares some valuable insights about the most important things a non-U.S. citizen should know before buying an apartment in New York City.

Simple mistakes made when buying a property in NYC can potentially cost a foreign buyer thousands of dollars. With the right team helping you with your NYC property purchase, the process will be much easier and possibly save you a lot of problems.