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Items Needed to Close on a Residential Unit in a New Condominium in New York City

Purchasing a unit in a new condominium in New York City can vary significantly from buying into an existing condo. This guide is intended to give purchasers and practitioners a basic understanding of procedural requirements (beyond title and financing) that must be in place before closing can occur.

Additional resources provided by the author

Purchasers are strongly encouraged to obtain counsel for advice regarding their specific situations. Additional basic information can be found on the Department of Buildings and Department of Finance websites available at nyc.gov.

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