When you fall in love with a co-op or condo apartment in NYC, it’s easy to focus on the kitchen finishes, the view, or the closet space. But if you’re serious about protecting your investment, there’s something just as important to look at before  you make an offer: the building’s reserve fund . What Exactly Is a Reserve Fund? Think of the reserve fund as the building’s emergency savings account. It’s money set aside for big-ticket repairs and capital projects — like replacing elevators,...

Selling an apartment in New York City isn’t just about setting the right price—it’s about creating appeal so you stand out in a crowded, competitive market. With high building fees, co‐op restrictions, and discerning buyers, certain improvements deliver much better returns than others. Here are five of the best. 1. Kitchen Refresh / Minor Kitchen Remodel The kitchen remains one of the top rooms buyers scrutinize. You don’t need a full gut renovation to make a difference. Think: Refacing or...

Great negotiation starts with great preparation. In NYC, selling isn’t just about finding a buyer — it’s about knowing your building’s rules, your financial obligations, and the local laws that can impact your deal. The more you know before  you negotiate, the stronger your position. Here are 12 things every NYC seller should know before sitting down at the table: 1. Understand Your Building’s Rules Each building has its own quirks — and co-ops especially can have strict requirements for...