confirm to continue
Have a questionnaire completed by property management.
This NYC local law establishes rules for co-op board applications.
For full text of Local Law 58 of 2026, see the New York City Council website.
Note: Timelines may be tolled during formally designated summer recess periods.
Income: $1,500,000.00
Credit Score: 790
The Board of Directors has summer recess in July.
Fees set by and remitted to building and property management company.
| payor | fee | due upon | amount |
|---|---|---|---|
| Buyer | Credit Check Fee (Non-Refundable, Required) | Submission | $150.00 per applicant |
| Buyer | Purchase Application Fee (Non-Refundable) | Submission | $300 |
| Buyer | Closing Fee for Estate Sale without a Broker | Closing | $550 |
| Buyer | Closing Lasting Longer than (2) Two Hours (Non-Refundable, only if applicable, Required) | Closing | $100.00 per additional hour |
| Buyer | Move In Deposit (Refundable) | Closing | $500 |
| Buyer | Move In Fee (Non-Refundable) | Closing | $500 |
| Buyer | Overtime Move In Fee (Non-Refundable) | Closing | $200 |
| Buyer | Recognition Agreement Fee (Non-Refundable, only if Applicable) | Closing | $500 |
| Buyer | Transfer Fee (Non-Refundable, Required) | Closing | $__ equal to 2% of Gross Sale Price |
| Seller | Closing Fee for Estate Sale with a Broker | Closing | $500 |
| Seller | Closing Fee with a Broker (Non-Refundable) | Closing | $750.00 plus NYS Transfer Stamps, $.05 per Share |
| Seller | Closing Fee without a Broker (Non-Refundable) | Closing | $800.00 plus NYS Transfer Stamps $.05 per Share |
| Seller | Co-op Corporation Administration Fee (Non-Refundable) | Closing | $300 |
| Seller | Move Out Deposit (Refundable) | Closing | $500 |
| Seller | Move Out Fee (Non-Refundable) | Closing | $500 |
| Seller | Over Time Move Out Fee (Non-Refundable) | Closing | $200 |
One-time fee paid by the person who begins the application.
| payor | fee | due upon | amount |
|---|---|---|---|
|
Agent /
Attorney Applicant
Current Resident
|
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
|
Initiation
Initiation
N/A
|
$90
$145
Free
|
| Application Participants | Any | N/A | Free |
If you are a real estate agent affiliated with one of our enterprise brokerage clients starting an application is covered by your brokerage.
| payor | fee | due upon | amount |
|---|---|---|---|
| New Resident | Purchase Sublet/Lease Storage Sale Parking Sale |
Submission | $85 |
| Current Resident | Renewal Storage Sale Parking Sale |
Submission | $55 |
| Current Resident | Refinance Transfer Alteration |
Submission | $55 |
| payor | due upon | amount |
|---|---|---|
| Any Participant Paying Building Fees | Submission | 5% of Total (excluding Digital Submission & Initiation Fees) |
For more detailed information, please see our Pricing page.