According to New York real estate attorney Adam Stone, a co-op has lower closing costs. In the example cited above for a condo, which had over $32,000 in costs, a co-op just has the $10,000.. On December 10, 1968, the first handful of families moved into the original—and, at that point, only—high-rise apartment building at Co-op City in the Baychester neighborhood of the Bronx. It.

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Co-op City. Co-op City is home to the country's largest cooperative housing development, a community of more than 44,000 residents. The station will also provide for connections to unique areas, such as City Island and Pelham Bay Park, home to Orchard Beach and the city's largest park at more than three times the size of Central Park.. Co op City NYC has a zip code of 10475. Co op City, also written as Co-op City or Co op City, identifies as a New York City housing cooperative located in Baychester, the uppermost section of Northeast Bronx, with 15,372 residential co-op apartment units in 35 Coop City co-op high-rise buildings and 7 Co op City co op townhouse clusters.