Condos in Brooklyn, New York

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A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned. Residential condominiums are frequently constructed as apartment buildings, but there has been an increase in the number of "detached condominiums", which look like single-family homes but in which the yards, building exteriors, and streets are jointly owned and jointly maintained by a community association. Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as hallways, walkways, laundry rooms, etc.; as well as common utilities and amenities, such as the HVAC system, elevators, and so on. Many shopping malls are industrial condominia in which the individual retail and office spaces are owned by the businesses that occupy them while the common areas of the mall are collectively owned by all the business entities that own the individual spaces.

Brooklyn () is the most populous borough of New York City, with a census-estimated 2,648,771 residents in 2017. Named after Dutch village of Breukelen, it borders the borough of Queens, and has several bridge connections to the nearby boroughs of Staten Island and Manhattan. Since 1896, the borough has been coterminous with Kings County, the most populous county in the U.S. state of New York and the second-most densely populated county in the United States, after the county of New York (which is coextensive with the borough of Manhattan). With a land area of 71 square miles (180 km2) and water area of 26 square miles (67 km2), Kings County is New York's fourth-smallest county by land area and third-smallest by total area, though it is the second-largest among the city's five boroughs. Today, if New York City dissolved, Brooklyn would rank as the third-most populous city in the U.S. after Los Angeles and Chicago. Brooklyn was an independent incorporated city (and previously an authorized village and town within the provisions of the New York State Constitution) until January 1, 1898, when, after a long political campaign and public relations battle during the 1890s, according to the new Municipal Charter of "Greater New York", Brooklyn was consolidated with the other cities, boroughs, and counties to form the modern "City of New York," surrounding the Upper New York Bay with five constituent boroughs. The borough continues, however, to maintain a distinct culture. Many Brooklyn neighborhoods are ethnic enclaves. Brooklyn's official motto, displayed on the Borough seal and flag, is Eendraght Maeckt Maght which translates from early modern Dutch as "Unity makes strength". In the first decades of the 21st century, Brooklyn has experienced a renaissance as an avant garde destination for hipsters, with concomitant gentrification, dramatic house price increases, and a decrease in housing affordability. Since 2010, Brooklyn has evolved into a thriving hub of entrepreneurship and high technology startup firms, and of postmodern art and design.
Source: https://en.wikipedia.org/

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