What is a NYC Sponsor Apartment

September 5, 2017
Hosted by Vince Rocco

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Episode Description

A sponsor apartment is a unit owned by the original owner or corporation responsible for turning a building from a rental into a co-op. Many rental apartment buildings in New York City were converted to co-ops in the 1980s; at the time of conversion, existing tenants had the option to purchase their unit or continue renting. What are the pros and cons of these units?

Good Morning New York, Real Estate with Vince Rocco

Good Morning New York, Real Estate with Vince Rocco

Tuesday at 6 AM Pacific Time on VoiceAmerica Variety Channel

Our show is about everything Real Estate to every consumer in the New York marketplace and on occasion we also focus on the national market place.

The program will provide you with the most educated approach to a deal including introduction to the most qualified resources in the business of real estate to successfully, buy and close a transaction.

In particular we will focus on the local Manhattan market. We will talk to sellers, buyers, agents, attorneys, and mortgage bankers, stagers and designers, all engaged in the deal to find success and happiness.

We will also look weekly at local and national market conditions at the beginning of every show.

What is the pulse on the market? Find out, by tuning in to Good Morning New York, Real Estate with Vince Rocco, broadcasting live every Tuesday at 6 AM Pacific Time, 9 AM in New York, on the VoiceAmerica Variety Channel.

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Vince Rocco

Vince Rocco

I became interested in a real estate career in the mid-1990s while buying and selling Manhattan co-ops and condos for my own personal real estate projects (renovating and selling), and found it to be an exciting industry. I decided to make Real Estate a full time profession and I've never looked back.

The ROCCO Group is dedicated to delivering quality service to our buyers and sellers. I get personally involved in every detail of the deal. I am known for my straightforward approach, my integrity and flexibility while working with people. I cultivate strong relationships that last a lifetime.

I have an extensive knowledge of Manhattan and its neighborhoods. I became an expert in New Condo Development sales over the past five years selling in three separate new development projects. I've made appearances on 'Sweat Equity' on the DIY network as one of their pricing experts, and have been featured on 'House Hunters' on HGTV and I'm working on an interactive web/blog portal where I will be hosting a weekly 'over the net' Real Estate program featuring everything New York City. I have been quoted in NY Magazine, NY Post, NY Times, QUEST, The Real Deal, and Broker's Weekly.

I live on the Upper West Side of Manhattan with my dog, Jett. I know Manhattan well and all of its neighborhood's so touring for a new home is always an exciting adventure with me. I make it personal. Your dream of finding the perfect home or selling your home will become a reality.

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Episode Directory

November 2017

October 2017

September 2017

  • 9/26/2017: Timeline for purchasing in NYC Listen Now
  • 9/19/2017: Financing your NYC apartment purchase Listen Now
  • 9/12/2017: What is the role of a NYC Real Estate Agent Listen Now
  • 9/5/2017: What is a NYC Sponsor Apartment Listen Now