Hi all, first time post here.
So, I just recently moved to New York City several months ago, and, like everyone else on this site, would love to get started in REI.
My problem though, is the NY market is so different from any other housing market I’ve seen. By that, I mean that the majority of all properties are co-op apartments, not houses, and of course, insanely expensive!
Does anyone have any familiarity with co-op’s and how they work? Are they something to even bother with? Anyone on here from the NYC area that could give any advice for dealing with such an individual market?
My other question: What are your thoughts on the NY market as a whole? Do you think there’s even any bargains left to be found here or has Mr. Trump managed to snatch up everything in sight?
Thanks so much for any help!!