Co-op
New York City has a rich history with cooperative apartments and it is a common form of property ownership today. When you purchase a co-op, you become a shareholder in a corporation. There are certain tax deductions available to co-op owners and they should be reviewed with the co-op's management office.
Our office has experience representing sellers and purchasers of co-op apartments. We assist purchasers with their due diligence relating to the co-op corporation, and we work closely with the management company and the lender to ensure efficient resolution of all necessary details in order to clear the parties for a closing. We also represent sellers of apartments and prepare contracts of sale on their behalf, and we work closely with the purchaser's attorney to resolve all open issues in order to ensure a smooth transaction.
Call us today at 718.261.8803 or contact us online to discuss how we can help you.