I’m considering buying a co-op (1 unit) as primary residence in NYC. One had a recent fire and was remodeled. 1 person injured, 1 cat died. Nice place, decent price. Should I run? Insist on knowing whether electrical was updated building-wide?

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Since it's a co-op, I'd hedge it was likely done above board given the shareholders have a common interest in the value of the building. You should see if the board has details on the remodel.

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Thanks Exec Producer. Buying in NYC is totally nuts. It constantly feels like we’re choosing between major risks- electrical fire or fumes from the highway? Shootings outside every couple years or creepy block at night?

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