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Choosing Between a Co-op and a Condo

Most people looking to buy an apartment in New York City know the basic trade-offs between a

co-op and a condominium: the approval process and building rules are usually stricter with a coop,

but co-ops make up a much bigger percentage of the city’s housing stock, and they tend to be

less expensive than condos.  But once you dig into these differences, the comparison gets more complex.

Read the New York Times article entitled, Choosing Between a Co-op and a Condo to learn more.


ARC Members to Meet Elected Representatives

ARC is very pleased to announce its next seminar and to invite all member buildings to send representatives of their Boards of Directors to attend. As part of their paid annual membership, directors representing member cooperatives are all welcomed and encouraged to attend. In addition, we are pleased to invite Riverdale building managers as special guests.

There are many important considerations regarding the future of cooperatives in New York currently being debated at all levels of government. So that we may hear directly from each of our elected officials, we have invited

Congressman Eliot Engel

State Senator Jeffrey Klein

State Assemblyman Jeffrey Dinowitz

Councilman Andrew J. Cohen

to present their views and respond to your questions about co-ops and legislation currently under consideration and review, on

Tuesday, December 2, 2014 at 7:30 P.M.

in the meeting room of Riverdale Temple

(4545 Independence Avenue, just south of 246th Street)

Please note this new location!

Automobile parking in the adjacent lot is available.

Wine and light refreshments will be served.


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