Commercial C of O
This listing caught my eye:
http://www.streeteasy.com/nyc/sale/441983-coop-61-eastern-parkway-prospect-heights-brooklyn
Because it is huge, and then I read the fine print:
“This unit used to be used as [a medical office] and is now being sold as a 4br/2ba apartment! … The property is currently zoned as commercial, and all you have to do is change the c of o to residential.”
I’m not interested anymore, but I’m really curious about the “all you have to do” bit, which seems pretty disingenuous. We allow all these variances in the building code in exchange for community use spaces (which medical offices fall under, for better or for worse) so it shouldn’t be easy to “just convert the CofO.” We have zoning for a reason.
Or am I missing something?
