[quote=spdrun]Nit to pick: a co-op is not a condo, even in NY. In a condo, you own the tax lot on which the condo sits. In a co-op, you own a share in the corporation that owns the building.[/quote] Thank you spdrun. I understand that the ownership of a “coop” in Manhattan is based upon different criteria than “ownership” of condos in the western US.
