Buying a Co-Op

Co-ops are common in cities such as New York and Boston, and so are the horror stories about buying into them. The payoff? Prices average 10 to 15 percent less than condominiums and are often in storied buildings in central urban locations. Photo 3 of 6 in Dwell How-To: Buy and Sell Your Dream Home

Dwell How-To: Buy and Sell Your Dream Home

3 of 6

Co-ops are common in cities such as New York and Boston, and so are the horror stories about buying into them. The payoff? Prices average 10 to 15 percent less than condominiums and are often in storied buildings in central urban locations.