The Truth About Co-Op Board Approvals in New York City (with Mark Levine)

On this episode of Closed!, Lee Bergstein is joined by Mark Levine, Principal at EBMG LLC, Accredited Property Management LLC, and Apex Management Group—one of New York City’s most active property managers, overseeing hundreds of co-op and condominium buildings across the city. Together, they break down one of the most frustrating and opaque parts of NYC real estate: the co-op board application process.From incomplete applications and internal board dynamics to the real reasons deals get delayed or denied, Mark offers a behind-the-scenes look at how these decisions are actually made—and where things most often go wrong. The conversation also dives into the upcoming legislation imposing strict timelines on board approvals, what it means for buyers, sellers, and boards, and whether it will truly fix the system or just create new challenges.Co-op approvals can make or break a deal—and they impact everyone involved. In this episode, Lee and Mark unpack the pain points, the pressure, and the potential reforms shaping the future of NYC real estate transactions.If you love law, real estate, or New York City, then this is an episode for you.To learn more about Mark Levine and his companies, visit: http://www.manageyourbuilding.com/ or ebmg.com. To find out more about Bergstein Flynn Knowlton & Pollina PLLC, visit our website at bfkplaw.com. Hosted on Acast. See acast.com/privacy for more information.To find out more about Bergstein Flynn Knowlton & Pollina PLLC, visit our website at bfkplaw.com. Hosted on Acast. See acast.com/privacy for more information.