Category: Condops


The Death of the Co-op? Hardly. But new Condo development abounds.

The Real Deal has an article on the decreasing amount of new coop development permits filed since the year 2000. It also discusses that the majority of new coops being developed are condops. Condops are co-op residential buildings being built with commercial condo properties at the base of the apartment building so the building finances will benefit from the for profit business that occupies the...

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