Aug 10, 2006

NYC Coop Sale Prices Now Public Record


New Law signed by Governor Pataki makes the once secret coop sale prices public record.

Coop sale price information is now available on an online database. ACRIS (Automated City Record Information System) on www.nyc.gov public website. The records will also include addresses, and the names of the buyers and sellers.

There is also a bill currently in the city council that I strongly support to force co-op boards to disclose why a prospective buyer has been turned down.

These bills bring Manhattan into the 21st century. It fully reflects the openness, transparency and consumer-orientation that my firm CBHK and I stand for.

I consider myself a new breed of broker in Manhattan, embracing new ideas and technology, working with empowered consumers and pro-active clients and customers. I believe that full disclosure is always a better option than the cachet of secrecy.
Information is Power!

ACRIS (Automated City Record Information System) can be accessed on New York City's public website www.nyc.gov/finance

 
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