New Condos in South Slope

My wife and I have been looking for some time in the South Slope area and are intrigued by some of the small new condo developments in the area (not the larger buildings on 4th Ave). I’ve seen a number of posts on this site stating that buying a condo in one of these new buildings is a bad investment. Why is that? What makes a condo in a building with 7 other units different than an older condo building or coop? Just trying to understand the risks of buying into one of these buildings before taking the plunge. Thanks

By johnnyrtw |