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About Us |
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Do you have what it takes to buy an apartment in New York City? Can you pass the board? Unfortunately, you need a lot more than money to buy an apartment in Manhattan. Buying a co-op in some buildings can be as difficult as getting into the most exclusive private school / country club / hot new downtown restaurant – and just as much work. Even worse, you often don’t know what it takes to get in until it’s too late – you’ve been rejected. That’s why we created WallFly. WallFly is like having a friend in every sought after building in New York - they give you the inside scoop on what it takes to pass the board, what it’s really like to live in the building, who will get in, and who doesn’t stand a chance. As entertaining as it is useful, WallFly gives it to you straight from people “in-the-know”: apartment owners in the building, real estate brokers, rejected buyers, doormen and even the board members themselves. From these insiders you’ll find out what kind of person is likely to pass the board, how much money you’ll need, what kind of job you should have, what kind of recommendations you’ll need and if your kids and pets are welcome. Welcome to WallFly. Experience what it’s like to be a fly-on-the-wall inside New York’s most exclusive apartment buildings. If only these walls could talk. Now they do.
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Who We Are WallFly.com launched in September 2005. It was created by two New York real estate industry insiders who were tired of not being able to find co-op board information anywhere. They wanted a website where questions like “What is the board like, do they allow pets in the building, can parents buy for children?” could be answered. (Co-op boards don’t publish their requirements for fear of being sued for discrimination after a board turndown.) WallFly.com sheds light on the private practices of Manhattan co-op boards and brings transparency and democracy to a previously obscure practice. The internet is supposed to help people find information. So they created WallFly, a place where real estate brokers, co-op board members and apartment buyers and sellers can find everything there is to know about every co-op board and building in Manhattan. WallFly.com is still in “beta” format, which means the website is far from complete. But every day, more and more people are coming to WallFly.com and adding their valuable information to its database. Already you can see photos of every co-op building in Manhattan, how many apartments there are, and whether or not it’s a coveted pre-war co-op. We are not trying to replace the role of the broker. We know how invaluable brokers are to making sense of this information. If anything, we are trying to make the whole process of buying and selling real estate in Manhattan easier for everyone involved – not only buyers and sellers, but brokers, lawyers, mortgage brokers and co-op board members. It is heartbreaking (and expensive for everyone!) when a co-op board turndown happens. It means the buyer, seller and brokers have to start all over again. Locked in mortgage rates expire and buyers may not get as low a rate. We are hoping with this information, people will find the apartment of their dreams whose co-op board requirements they meet. Happy hunting! For more information about WallFly or apartments in New
York, please browse our frequently
asked questions or contact
us. |
