The Shark Solves Co-Op Chaos

What should one make of New York City’s publication of co-op sales prices? Curbed’s Q&A is a helpful guide, but way better yet is PropertyShark.

By the end of the day, that website will have incorporated “all co-op data from the New York City Department of Finance records.” What does that mean? A whole lot of juicy numbers involving very juicy people.

Two riviting PR paragraphs after the jump.

Max Abelson

“This will radically change the way people evaluate co-op transactions, bringing transparency to what was a veiled marketplace. No other site will be carrying this information immediately, and we have made the data accessible from the easy-to-use web interface. By end of day today we should have most of the ACRIS information online, and going forward, we will automatically incorporate all available New York City co-op data into our site on a daily basis,” explains Ryan Slack, chief executive officer,

In addition to co-op sales prices and ownership information, provides brokers and homebuyers with other critical data important when evaluating co-ops, including school district information, neighborhood police reports, building photos, interactive maps, number of units in the building, year built, and much more, with bedroom and bathroom information coming soon. With a wealth of co-op information now available at their fingertips, brokers could also use to canvas for co-op owners with units that have substantially appreciated in price and might be good candidates to list and sell.

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