Vying to lure in more young buyers, some co-op boards are loosening their rules. Some boards are trying to ease requirements about approvals and subletting to make home values more in line with condos, Forbes reported. “So many mindful co-ops are trying to act more like condos these days, so they can attract higher prices from a wider audience,” Compass agent Brian Lewis told Forbes. “I’ve never encountered a condo that wants to act more […]
source https://therealdeal.com/2019/01/05/relaxing-the-rules-millennial-buyers-are-prompting-some-co-op-boards-to-loosen-up/
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