The Bristol is a cooperative apartment building which is a bit different than a condominium. In short, in a condominium, you own a specific apartment plus share in the ownership of the common areas. In a cooperative apartment, you own a share of the building and you receive permission to occupy your specific apartment.

If you decide to sell your share of the building, it is handled much as the sale of a condominium or a house.

Pittsburgh has a small number of cooperative apartment buildings and, as a result, banks have a difficult time understanding the cooperative apartment buildings' legal structure and it is more difficult to get financing.

As with all large purchases, you should get professional advice before purchasing either a condominium or a cooperative apartment.

We are very fortunate to have two real estate agents who live in our building and handle many of the Bristol sales. For more information, please contact the Bristol Manager.