First a 1 percent tax on the recording of mortgages for cooperative apartments.

I have been living in a cooperative two-room apartment for 14 years now.

A cooperative apartment, however, can be sold much like any other home or property.

The city, he said, will soon sign contracts for four cooperative apartments.

It is less than maintenance charges, after having bought a cooperative apartment.

Question: Please explain the difference between a condominium and a cooperative apartment.

The building, which has 148 cooperative apartments was opened to residents in 1987.

So the city ordered residents of its six cooperative apartments to leave.

By comparison, there are well over 150,000 cooperative apartments in Manhattan, and many have been around for decades.

"It was one of or possibly the first cooperative apartment in Westchester," he said.