Maintenance Escrow 320 East 57th Street

2 years of maintenance will be asked to be held in escrow for a minimum of 2 years- opening ante to get to talk to the Board. Retrun is subject to conditional approval and can be perpetual unless you sell the Unit. Make sure you ask in detail anout this before making a bid or signing a sales contract. The Seller's Broker Lives in the Building and should know this and TELL you about it up-front. We got down to the wire and spent a lot of money on an attorney and application fees-the managing agent would not process the application or meet with us until we agreed to this-was not in sales contract or Coop application.