Cooperative Apartments

Helping New Yorkers Buy Their Homes

Real Estate

Cooperative apartments or Coop’s as they are affectionately known in the real estate are unique to the Manhattan, Brooklyn, Queens, and the Bronx real estate market. When someone buys a cooperative apartment what they are really buying is shares in a corporation. The corporation elects a Board of Directors that oversees the daily affairs of the cooperative and makes decisions on behalf of the shareholders. Ownership in a coop requires approval by the Board of Directors. You need an attorney to assist you in navigating the often complex financial transaction that is a cooperative apartment purchase or sale Michael Posner is ready to assist you with the purchase or sale of your cooperative apartment in Manhattan, the Bronx, Brooklyn and Queens.

Contact us today to arrange a free consultation!