Do you want to live in a fancy penthouse in a glass tower high-rise? Maybe an elegant pre-war flat with old world charm?
There are two forms of ownership for folks who want to own their apartment.
The two choices are condominium or cooperative.
A condo is a fee simple ownership like a house with you owning from mid-wall to mid-wall.
A co-op is share of ownership in a building with the rights to a certain unit.
Here in the DMV, we primarily have condos.