Category Archives: Info About Coops

University Towers Co-op Apartments in Fort Greene Brooklyn

Posted on October 5, 2008 by Elaine

Fort Greene Brooklyn has a number of spectacular places to live, but none outshines University Towers Cooperative Apartments.  The co-ops complex consists of three sixteen-story apartment buildings located at 122 Ashland Place, 191 Willoughby Street, and 175 Willoughby Street.  One of the things … Continue reading →

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Co-op Insurance – Do you need it?

Posted on September 17, 2008 by Elaine

I was asked by a fellow shareholder at the co-op where I live if its worth the money to get an co-op insurance policy. My answer to the question is a resounding yes! Many shareholders are under the impression that … Continue reading →

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What is a Mitchell-Lama Cooperative?

Posted on August 7, 2008 by Elaine

Mitchell-Lama is a program that was developed back in 1955 to create affordable housing for moderate and middle income families.  There are 101 Mitchell-Lama developments in New York City with close to 46,000 affordable cooperative and rental apartments. A Mitchell-Lama development … Continue reading →

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Kings Village Co-op in Old Mill Basin Brooklyn

Posted on July 31, 2008 by Elaine

The first thing you’ll notice about Kings Village and the Old Mill Basin section of Brooklyn, is how peaceful it is.  The Kings Village Co-op is situated in the middle of a quiet residential area, with abundant trees and manicured lawns.  The … Continue reading →

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Willoughby Walk Coop Apartments In Clinton Hill Brooklyn

Posted on June 30, 2008 by Elaine

If you’re looking for a place to live while you attend school at Pratt Institute’s Brooklyn Campus, or you simply love the Clinton Hill area, then Willoughby Walk Co-op Apartments is a great place for you to consider purchasing an apartment.  Tall and … Continue reading →

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I’m Buying a Co-op. What Exactly is a Recognition Agreement?

Posted on June 1, 2008 by Elaine

One thing that’s important to understand when you’re buying a Co-op apartment is that you are not purchasing Real Estate, you are purchasing shares in the Co-op Corporation.   The allotted shares represent the unit you are going to move into. In … Continue reading →

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Can you rent out a Co-op Apartment?

Posted on April 7, 2008 by Elaine

It depends.  When you purchase a co-op apartment, you are not actually purchasing the physical space, you’re purchasing the shares of the corporation that are associated with the unit.   Because you don’t own the apartment outright, your ability to rent, or … Continue reading →

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Clinton Hill Co-ops

Posted on March 22, 2008 by Elaine

Clinton Hill Co-op Apartments – A Jewel In Brooklyn If you are looking to purchase an apartment in the $300,000 – $475,000 range in Brooklyn, I highly recommend you take a look at the apartments available in the Clinton Hill … Continue reading →

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