On our show today: When most people consider buying residential property in New York City, their first question is whether they should purchase a unit in a co-operative (co-op) or condominium (condo).However, many purchasers are more interested in owning one of the many historic townhouses that can still be found throughout the City.But townhouses are relatively rare in New York City, making up less than 2% of annual residential transactions. As a result, many prospective buyers are unfamiliar with the unique considerations that apply to buying and owning one.

But with a new normal in New York City coming up have they become much more desirable? We will discuss.