In a co-op or condo, the building has a say in your renovation. That means extra fees, extra paperwork and rules about when and how work happens. None of it shows up in a contractor’s bid, so budget for it separately.
Alteration agreement & board review
Most co-ops and many condos require a signed alteration agreement before work starts, plus review of your plans. Expect application and processing fees, often a few hundred dollars, and architect review fees that commonly run $1,000 to $2,000.
Refundable security deposit
Buildings often hold a deposit against damage to common areas, commonly $5,000 to $20,000, returned after the job closes out.
Architect & filings
Plumbing changes, moved walls or “wet-over-dry” layouts usually need drawings and a Department of Buildings filing. Soft costs (plans, filings, inspections, insurance) commonly add $5,000 to $30,000.
Work-hour rules
Many buildings limit work to weekdays, roughly 9 to 5, and some ban summer renovations. Shorter workdays stretch timelines and can raise labor cost.