A study of your own building.
Find out whether your co-op is a candidate for conversion. Shareholders and board members can request a free feasibility study. We will explain the building information needed to complete it.
Start your requestA few notes about the study
The study is a chance to explore the benefits, the costs and the process involved.
- Who can start
- You can request a study as an individual shareholder or a board member. Board approval is not needed to make the initial request.
- What we need
- We will send you our information checklist. You may be able to obtain the records yourself, but completing the study usually requires a board member's help.
- What happens next
- We will follow up about your building. You can arrange a call, introduce a board member, or ask how to provide records you already have.
What the study covers
We compare estimated co-op and condominium values, review the building's debt, and examine conversion costs, financing choices and projected monthly costs. We also consider reserves, assessments and funding for building improvements.
We review the governing documents, approval requirements and tax considerations, identify obstacles, and recommend whether and how to proceed. Initial estimates are separate from a formal appraisal and the later Individual Unit Analysis.
Your request
No cost to request the study.
Step 1 of 3: Property
Property Information
Tell us about your building.
Street address only — no apartment or unit number.