What borough fits this description?

[analyticalkeys]

Originally Posted by samyn on the green

A co-op is like a condo. I will try to describe this in as few words as possible. The difference between a condo and a co-op is that instead of directly buying the condo property you buys shares in the co-op corporation. A co-op is not as desirable as a condo as you must first be approved by a co-op board before you buy. The co-op board is made up of residents.

I think your description is accurate, but a condo and a co-op really shouldn't be compared.. a condo is more of a luxury home, and a co-op can just be a regular apartment building.

[BK2Westchester]

Originally Posted by analyticalkeys

but a condo and a co-op really shouldn't be compared.. a condo is more of a luxury home, and a co-op can just be a regular apartment building.

huh??

some of the most luxurious apartments in NYC are COOPS.

even rentals can be more luxurious than a condo. it all depends on the investment from the owner/sponsor.

the primary differance is in the form of ownership, not whats in between the walls.

[Carbro]

Originally Posted by analyticalkeys

I think your description is accurate, but a condo and a co-op really shouldn't be compared.. a condo is more of a luxury home, and a co-op can just be a regular apartment building.

Whether an apartment is a condo, co-op or rental is no indication of how luxurious or bare-bones the unit may be. Most of Park and Fifth Ave. and CPW are coops. Newer buildings tend to be condos. The first NYC buildings that converted from renter-occupied to owner-occupied became coops, so the buildings along CPW, Park Ave. and Fifth Ave are mostly co-ops.

[RUBIES77]

Originally Posted by Don'tLikeToBeBored.

Hi everyone!
My husband is putting in a transfer to move us to NYC next summer. He's management for a large retail chain so we can pick a borough (but not much else) and then we'll find housing from there. We're both post-graduate educated, we'll be making approximately 140,000 initially and I work from home. Our kids are in elementary school (1st/4th gr.) I'm Italian/French but born and raised in America. Husband's family is Czech/Irish but again, American. We were both raised Catholic, all our family is catholic and we went to parochial schools growing up. We're planning on purchasing a 3br condo because we don't want the hassle of an entire house or a yard and we feel very comfortable in a predominantly Italian neighborhood, especially since we'll be moving without having any of our family with us.

Which borough would fit us best? We'll find specific neighborhoods after the transfer's gone through.

STATEN ISLAND IS A very family-oriented borough of NYC. The South Shores areas of SouthEast Annadale (this is an excellent area where most realtors and real estate consultants live,) Hughenot, Princess Bay, Pleasant Plains, and Tottenville, have some condominiums. These areas are more suburban, and a good place to raise children. There are many Italians living here. Good-luck.

[I_Love_LI_but]

Look at Staten Island. Where are you located now?