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Some co-ops relax rules, suburbs with the most sales, & more

Published May 21, 2021 (almost 5 years ago) · Updated 3 months ago
Some co-ops relax rules, suburbs with the most sales, & more
This week readers dropped by Brick Underground to read up on how the pandemic is forcing changes at some New York City co-op buildings. Co-ops in general are known for having stringent rules on, for example, financing, post-closing liquidity, subletting, pets and a lot more, but slow sales means some buildings are relaxing those policies in order to draw buyers.
Also of interest: A look at the suburbs around NYC that gained the most buyers and saw a jump in median sales price.
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