throw495887 t1_iy5p9x5 wrote
Reply to comment by Zaiik in Doric apartments in union city by Zaiik
Honestly I would be more scared of co-ops with low fees. High-rise buildings need a lot of maintenance. You want the place to be well maintained instead of deferring maintenance where you might get hit with an huge assessment.
I hear mostly good things about the building, the concerns others brought up with co-ops are valid. On one hand it’s a very desirable area and building so I doubt you would have huge issues selling the place, but on the other I don’t know how much of a better deal it is than renting. Union City has relatively high taxes and a very strong rent control ordinance so in this town renters are mostly better off than buyers.
Zaiik OP t1_iy613kl wrote
it is a coop but sponsored not the regular coop
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