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]
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Buildings with dangerously few sales
A TRD review found a number of NYC buildings where sponsors are hoarding units — and preventing re-sales
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