In most condop buildings, yes - the residential co-op portion requires board approval similar to a traditional co-op. Some buildings have streamlined review processes closer to a condo ROFR waiver. Confirm your building's specific process with the managing agent before listing, as it directly affects your timeline and buyer pool expectations.
From the seller playbook: Selling a Condop in NYC: Hybrid Structure, Board Rules, and Buyer Confusion
This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.
More questions on this topic
List for free, or go full service for 1%.
Use the playbook yourself, or let us run pricing, marketing and negotiation.