Obtaining Co-op Board Approval for Foreing Buyer Not Impossible – Represented Brazilian Purchaser of $7.6 Million Co-op Unit

The firm recently represented a prominent Brazilian client who purchased a $7,600,000.00 co-op apartment located on Manhattan’s east side.  This is a prime example to demonstrate that a non-U.S. buyer can purchase cooperative apartments and obtain the necessary board approval.  Although condominium apartments are certainly the preferred acquisition for the overseas buyer, co-ops can be considered as well especially when the premises are to be used as a second home.   This transaction was handled by Michael J. Romer.

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