NYC Mefites: Coop owners with experience adding outdoor space?
January 17, 2013 3:11 PM Subscribe
We own a coop apartment with unused space adjoining the unit which we'd like to try to purchase and combine with our unit as a patio. Looking for advice from anyone who has been down a similar road before to help us get our head around the process (convincing the board, establishing a fair valuation, navigating DOB/Landmarks, financing), pitfalls to watch out for, etc.
posted by Zippity Goombah to home & garden 1 user marked this as a favorite
Since we live in downtown Manhattan in an area that requires Landmarks approval for anything external, one particular thing that I'm grappling with is whether we run a risk that our plans would be denied only after we already purchased the undeveloped space from the building, leaving us with a needlessly more expensive apartment.
Any direct personal experiences or knowledgeable opinions are most welcome, as are references for a quality attorney with specific experience in these kinds of transactions.