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I’d love to get opinions on whether people would lean towards a well-managed pre-war coop (24 units total) or a new development condo (8 units). Assume factors like layout, neighborhood, unit price & monthly costs are all relatively equal.

I know we’ll have to negotiate transfer taxes on the condo; any other advice?

The idea of owning the property vs. shares is more appealing, but new construction is certainly a bit scary…they don’t build ‘em like they used to.

Thanks Brownstoners!