There are many advantages to buying a co-op in a small building, among them:
- Being well acquainted with your neighbors;
- Generally low maintenance fees;
- Scale that is desirable to many of its residents;
- Numerous opportunities to participate meaningfully as a volunteer in a diminutive community;
- Application procedures that may be less onerous than in larger buildings.
However, some buyers see the disadvantageous side of the coin: Continue reading