Q & A: Selling Common Space In a Co-op Building

By Jay Romano Q: If a co-op board agrees to sell co-op common space to a shareholder, what is the most effective way of structuring that transaction? Does the co-op have to amend the offering plan and assign shares? A: Adam Leitman Bailey, a Manhattan real estate lawyer, says the co-op should first hire an … Continue reading Q & A: Selling Common Space In a Co-op Building