The Real Deal New York

Buildings with dangerously few sales

A TRD review found a number of NYC buildings where sponsors are hoarding units — and preventing re-sales
By Mark Maurer | December 09, 2013 10:30AM

From the December issue: Owning a co-op or condominium unit sometimes carries a caveat: You might not be able to sell it. A building sponsor’s refusal to sell units can make it difficult, or even impossible, for residents to unload — or even refinance — their homes at market rates. [more]