Resource library
What to read
before a decision.
A board reads for a while before it asks anyone anything. These pages answer the questions boards raise about unit values, marketability, financing and reserves.
Converted
The Stratford House, Hackensack, NJ
133 units
By market
What the stock and the statute look like in four states
Factual market pages on the cooperative and condominium stock, how it took hold, and the route a conversion follows, sourced state by state.
- Open the New York page
Resources · New York
Your building is one of hundreds of thousands in New York City held as a cooperative or as a condominium.
- Open the New Jersey page
Resources · New Jersey
If your building converts in New Jersey, it does so under statutes the Legislature built in stages on top of a wave already in motion.
- Open the California page
Resources · California
If your building is a California stock cooperative, it belongs to a form the state's own subdivision regulator describes as rarely developed here.
- Open the Florida page
Resources · Florida
If your building is a Florida cooperative, it is governed by a chapter the Legislature wrote for cooperatives alone, sitting beside the condominium law.
Questions
Direct answers to the questions boards actually ask.
Twelve sourced answers, organized by topic, on conversion cost, financing, the vote, timing, ownership structure, and the state law that actually governs your building.
- Read the answer
What does a co-op to condo conversion cost?
- Read the answer
"No Deed, No Cost": what it actually means
- Read the answer
How many votes does a co-op need to convert to a condo?
- Read the answer
How long does a co-op to condo conversion take?
- Read the answer
Can a co-op sell its air rights to pay for a conversion?
- Read the answer
New Jersey condo conversion law: what boards and owners need to know
- Read the answer
Florida's SB 4-D: what it requires of a co-op and what a conversion changes
- Read the answer
Milestone inspections and SIRS: what Florida boards do when reserves fall short
- Read the answer
What happens to my co-op share loan when the building converts?
- Read the answer
What is a "condop," and is it the same as converting to a condo?
- Read the answer
Tax implications of converting a co-op to a condo
Insights
Articles from the conversion practice
Shorter, dated pieces on financing, legal developments and market conditions, organized by category as the library grows.
No articles have been published here yet.