You don't have to be a Meagan Palatino to buy a co-op in New York, but it helps. Here she offers some excellent information for anyone planning to buy one in the near future.
So I Bought a Co-op in New York, and Here's My Story, by Meagan Palatino
For more on the subject, see
What to obsess about when you buy a co-op.
How many of your secrets do you have to tell to get into a co-op? Or condo?
The mortgage contingency: what difference does it make to a seller whether you finance or pay cash?
In defense of the much maligned co-op.
Essentials of the offer: how to be the perfect buyer
The one essential for working with a broker as a buyer. And what you're entitled to in return.
Call me at 917-991-9549, or e-mail firstname.lastname@example.org. I’ll be happy to visit your apartment, loft, or townhouse and give you a detailed broker’s opinion of what it could fetch today, supported with figures and comparable sales. Of course, there’s no cost or obligation involved.
Even if you plan to stay in your home till the next millenium, it’s always good to know what it’s worth.