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Condop
The term condop in real estate refers to a mixed-used condominium building where at least one of the units is owned by a cooperative corporation and sub-divided into many "co-op" apartments. The other condo units are typically retained or sold separately by the developer and may be retail space, office space or parking garage.
==History==
Condops first came into use in the 1960s when the residential condominium was not yet popular in major cities, particularly in the United States in New York City, New York. This structure was used to separate the residential component from the commercial components of a building. Developers or co-op sponsors sought to retain ownership of the non-residential space in a building. The condop is still a relatively rare item in the U.S. As of 2007, New York City had fewer than 300 condop buildings as compared to more than 6,700 cooperatives and 2,300 condominiums, representing just over three percent of residential buildings.〔Toy, Vivian S. (May 20, 2007). ("What Exactly Is a Condop?" ). ''The New York Times''.〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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