Because the hybrid structure does not fit neatly into the familiar "co-op or condo" framework that most NYC buyers and agents use to categorize properties. Financing guidelines differ, transfer tax treatment can be unexpected, and the board process may not match what buyers assume. Proactive seller education in the listing and during showings prevents this confusion from derailing the transaction.
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.
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