Why are the Condo/Coop/Townhouse Markets Doing Well?

Guests comment: It’s a buyer’s market OR a seller’s market – depending on where you are and what you have to sell! Condos are attracting parents buying for their children, who are moving east; Coops are less attractive as Boards can be difficult to deal with, and Townhouses appeal to families, as these facilities provide more space and more privacy. Brooklyn and Queens markets have been an alternative to Manhattan; Staten Island is difficult to develop, and the Bronx provides homes to renters.