Why Manhattan Luxury Co-Ops Are Losing Their Luster

The video discusses the decline in luxury co-op sales compared to condos, highlighting the appeal of condos due to fewer restrictions and more amenities. It explains the challenges of co-op ownership, such as board approvals and investment liquidity. The video also touches on the impact of these trends in NYC boroughs, particularly Brooklyn.

Why might investors prefer condos over co-ops?

What is the impact of luxury condo construction in Brooklyn on the real estate market?