CooperatorNews New York, The Co-op & Condo Monthly

New this week

Cartoon illustration of man moving his home by carrying it on his back

NY Metro Mortgage Delinquency Rate Lower Than U.S. Average

Southern States Face Dire Numbers

With inflation still elevated, home prices parked near record highs (despite some recent softening, particularly at the …

Park Avenue in Manhattan's Upper East Side, a boulevard with long rows of elegant old apartment buildings

Condo Competition Has High-End Co-ops Relaxing Financing Requirements

Another Sign the Market is Softening

More Tariffs to Hit Homebuilders

Increases Expected to Further Raise Housing Costs

NY Metro Mortgage Delinquencies Lower Than U.S. Average

Homeowners Face Mounting Financial Pressures Nationwide

Miniature wooden houses and red arrow up. The concept of increasing the cost of housing. High demand for real estate. The growth of rent and mortgage rates. Sale of apartments. Population grows

Imputed Equity & Co-op Prices in a Depressed Market

Price Vs. Value

Management

Polite & Professional Communication

Why Decorum Matters

Civility goes a long way in life, and in a co-op or condo community, constructive communication is especially important.…

Management

Graduation cap with a lightbulb on the book and globe in the classroom. Education learning concepts in school or university. Idea knowledge of innovative technology, science, and mathematics.

2025 September

Continuing Education for Managers

The Benefits of Going Back to School

New York City Street View of Residential Buildings and Passing Cars

2025 July

Residential vs Commercial Condo Owners

Balancing Different Agendas

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2025 July

Pet-Friendly Policies

Dog Day Directives

Smiling giant businessman wraps his arm around a corporate building

Secrets of NYC Property Management

What Every Owner Should Know

Finance

NY Metro Mortgage Delinquency Rate Lower Than U.S. Average

Southern States Face Dire Numbers

With inflation still elevated, home prices parked near record highs (despite some recent softening, particularly at the …

Finance

Study: Middle-Class NY-NJ Metro Families Pay 3rd Highest Taxes in U.S.

Only SF Bay Area is Higher

Midtown Co-op Residents Face 450% Monthly Fee Increase

Long-Term Ground Lease Triggers Chaos

businessman holding strong umbrella to protect money coin,protect financial stability. Increase asset security. Savings, deposits, or retirement funds.

2025 August

The Insurance Landscape

Navigating a Historically Hard Market

2025 July

Collecting Arrears

Part of Your Board’s Fiduciary Duty

On The Board

Close up Office employee working with documents at business desk in a business office

Just a Minute

Maintaining Your Board’s Records

Board meetings are where decisions are made, information is shared, and policies are implemented in multifamily communit…

2025 June

Protecting Your Reserves

The Key to Your Association’s Financial Health

Overhead view of a group of business people at meeting.

2025 June

Making the Most of Your Annual Meeting

Better Meetings = Better Results

Raise hand wooden figure stands above a wooden cube with vote symbol among another. open-mindedness or public hearing, Elections concept. Volunteers, parties, candidates, constituency electorates.

2025 April

How To Win a Board Election

Hint: It’s Actually Not a Popularity Contest

2025 April

Failure to Communicate

The Pitfalls of Poor Connection

CooperatorEvents Expo New York Returns - In Person - to a NEW LOCATION!

The Must-Attend Event is Back - at the Javits Center!

On Thursday, October 28, 2021, board members, managers, building owners, and co-op and condo residents from around t…

2020 December

Technology vs. COVID-19

Co-ops & Condos Use Tech Tools to Beat the Virus

2020 October

Supporting Essential Building Workers

How to Show Your Staff You Care

Conflict in Client Communities

What's the Manager's Role?

Managing Conflicts

How Managers Make Peace

Set of hands with posters, a megaphone, signs, banners and placards. Vector illustration in doodle style.

Free Speech vs. House Rules

Balancing Both in Contentious Times

The First Amendment of the US Constitution guarantees the right to free speech and expression - but how does that right …

Neighbor Noise

When Enough is Too Much

Communicate...and Then OVERcommunicate

Tips for Getting Residents Involved, Engaged, & Informed

Helping Older Neighbors During the COVID-19 Pandemic

4 Things You Can Do

March 20, 2020

Vulnerable Residents

Safety for All

Maintenance

Brooklyn Brownstones in the first snow of one of the mildest winters on record.

Winter Readiness

Preparation is Key

As the weather cools and the leaves change, it’s time to make like the squirrels and start preparing for winter. For sha…

Block of historic buildings along Duane Street in the Tribeca neighborhood of New York City NYC

Preparing for Façade Work

Steps to Take Before the Scaffold Goes Up

Value stock vs growth stock, comparison between investing style, professional choosing asset for earning or profit in market concept, businessman compare between value and growth stock in his hand.

2025 August

Don’t Lose Your Insurance Coverage

The Key is Maintenance & Risk Reduction

Hoboken, NJ, USA: A meticulous house restoration project featuring a striking brownstone entrance and a stunning building facade renovation.

Access Agreements Bill Awaits Hochul's Signature

New Law Aims to Bring Clarity to a Gnarly Process

Belgrade, Serbia - April 21, 2018: Rope access facase maintenance; A worker wearing a protective gear cleaning a stone church exterior with abrasive blasting equipment

2025 March

Façade Cleaning

Getting the Grime Gone

Preparing for Façade Work

Steps to Take Before the Scaffold Goes Up

One of the most common—and most daunting—projects undertaken in shared-interest, multifamily communities is facade repai…

Access Agreements Bill Awaits Hochul's Signature

New Law Aims to Bring Clarity to a Gnarly Process

New York, USA - April 24, 2022: Exterior of New York's Petrossian restaurant is housed in the historic Alwyn Court Building on Manhattan's West Side

2025 March

Exterior Repair & Maintenance in Historic Buildings

Good Old Things

Buiding Inspector completing an inspection form on clipboard beside new build construction

2024 November

Exterior Safety Inspections

Why You Need Them, & When to Do Them

Asia worker installing tar foil on the rooftop of building. Waterproof system by gas and fire torching

2024 April

Roof Replacement 101

A Project Too Vital to Put Off

Anti-cockroach icon, pest control, destruction of parasites, stop insect , black contour, isolated, white background

20% Of NY Metro Households Have Pest Problems

Aging Housing Stock Partly to Blame

The U.S. has long suffered from an inadequate supply of housing. From a slow recovery in new construction after the Grea…

Spring Maintenance

Warmer Days Ahead

What about the environmental impact of LED Lighting? How much energy does it save?

Lobby Decor

To Furnish, or Not to Furnish?

What Are the Most Effective Steps Boards Can Take to Fight Pests?

Hint: Keep it Clean!

Organizations

Building Pros Form Manhattan Vendors Group (MVG)

Consortium Aims to Connect Vendors Serving Co-ops & Condos

IREM Announces Diversity & Inclusion Succession Initiative Leaders

Program Fosters Leadership & Recognition of Underrepresented Groups

32BJ SEIU President Issues Statement on Pandemic & Police Brutality

"Our Members Find Themselves in Double Jeopardy"

IREM Establishes COVID-19 Relief Fund

27 Chapters on Board So Far

REBNY Launches Coronavirus Resource Hub

Connecting Members and Non-Members Alike

Design

Close-up of hands cutting upholstery fabric with large scissors while restoring vintage furniture in a workshop.

Updating Your Lobby Furnishings

Reupholster, or Replace?

Common Area Design

Balancing Form & Function

Mailbox & Package Room Design

More Than Just Boxes & Keys

Spring Awakening

Sprucing Up for the Season

Aesthetic Rules

Balancing Community Value with Individual Rights

Insurance

Businessmen balance himself on percentage signs. Central bank money policy for inflation or interest rate, balance between profit and loss, financial challenge or risk, economic recovery concept.

Rising Insurance Premiums

High Costs Force Tough Decisions for Boards

Adequate Community Insurance Coverage

How Much is Enough?

Insurance Premiums Skyrocket

90% of Multifamily Communities Report Paying More - What's to Blame?

Financial, Physical, & Operational Health

How Does Your Association Measure Up?

Insurance in the Multifamily Setting

Knowing Who Covers What is Key

News

10/17/2025 How Do New York City Property Taxes Work in Condos and Co-Ops? - Mansion Global

Every week, Mansion Global poses a tax question to real estate tax attorneys. Here is this week’s question. Q. I'm new to New York City. How do property taxes work in condos and co-ops, as opposed to a standalone house elsewhere in the country?
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10/14/2025 An iconic NYC landmark is becoming an apartment building — with records revealing luxury perks - NY Post

The Flatiron Building is certainly one of New York City’s most recognizable landmarks — but information regarding its highly anticipated condominium conversion has been kept far from the public eye. Now, however, some details on the hush-hush development are coming to light.
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10/7/2025 Explosion causes collapse at NYCHA Bronx apartment building - ABC News

There were no reports of injuries after an explosion in the Bronx caused a partial collapse of a high-rise apartment building on Wednesday morning. It happened at NYCHA's Mitchel Houses on Alexander Avenue in the Mott Haven section just after 8 a.m.
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10/6/2025 Manhattan’s luxury housing market is booming and bucking national trends — but for how long? - New York Post

While luxury housing markets from Dallas to Miami are struggling to keep pace, Manhattan’s high-end sector is one of the few bright spots. Sales of the borough’s priciest homes surged in the third quarter, even as nationwide numbers slid to their weakest summer in more than a decade. Yet a slowdown in the month of September — and the looming uncertainty of New York’s mayoral race — suggests the city’s luxury surge may not be on unshakable ground.
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10/3/2025 Flatiron Building condos will have enormous great rooms, unique layouts, and prices from $10.95M - 6sqft

More details have been revealed for one of New York City’s most anticipated new developments. The Flatiron Building at 175 Fifth Avenue is being converted to condominiums after over a century as a commercial property. With the offering plan officially accepted by the New York State Attorney General’s office last month, new information on prices, floor plans, and amenity spaces is now public. In the offering, apartments at the 22-story landmarked Beaux-Arts tower start at $10,950,000 for a three-bedroom, with the most expensive listed at $50 million for a five-bedroom.
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9/30/2025 $19.75 Million Central Park Condo in World’s Skinniest Skyscraper Tops NYC Luxury Sales - Realtor.com

The top residential sale in Manhattan last week is in the world's skinniest skyscraper, The Steinway Tower on Billionaires Row.
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9/29/2025 Entertainment lawyer for Madonna, Live Nation lists Plaza condo for $48M - Crain's

An entertainment lawyer who has worked with Madonna, Michael Bolton and Men at Work is looking to hit a high note in selling his Plaza District apartment.
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9/25/2025 Can condo conversions be a good pathway to homeownership? - New York Amsterdam News

In New York City, buying a home is a daunting process. There are down payments, negotiations, inspections, unexpected fees, closing costs, and much more, and that’s in the midst of simply trying to find a home in one of the most expensive housing regions in the world. But condominium conversions have emerged as an option for renters that could be a promising solution to maintaining affordable housing stock in the midst of a housing crisis.
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9/22/2025 Every condo at this former Central NY school comes with a perk: a $200K state subsidy - Syracuse.com

The 21 brand new condominiums that just went up for sale at the former St. Matthew’s School in East Syracuse come with unusually low prices — from $136,433 to $164,688.
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9/15/2025 The New York neighborhoods with the smallest (& largest) condos - AOL

While NYC condos have a median size of 921 square feet, at the neighborhood level, median sizes range between 631 and 2,045 square feet.
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9/11/2025 Elad Group details condo conversion plans for Midtown South office building - New York Business Journal

A century-old structure in the heart of New York City is getting a new lease on life, as plans emerge to convert its office spaces into more than 100 condominiums.
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9/9/2025 $22 Million New York City Condo Tops Most Expensive Sale of the Week and It Comes With Daily Catered Breakfast - Realtor.com

Luxury can bring along perks, and the most expensive condominium sold in New York City for the week ending Sept. 7 comes with daily catered breakfast. The condo at 111 West 57th Street was listed for $22 million, reduced from the original $27.5 million price tag when the building started marketing floor plans in June 2016, according to the Olshan Luxury Market Report.
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9/4/2025 Dylan Dreyer re-lists NYC condo with $500k reduction weeks after split from husband - Hello!

Dylan Dreyer and her husband, Brian Fichera, appear to be at odds over the fate of their $2.5 million New York City home amid their ongoing separation. The former couple first listed the property in January, signaling their impending split. However, reports indicate that the TODAY Show star temporarily pulled the home off the market last month, despite the divorce moving forward. Now, just weeks later, the property is back on the market – this time with a significant $500,000 price cut, bringing the new asking price to $1.99 million.
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9/2/2025 Inside Taylor Swift’s Multimillion-Dollar Real Estate Empire - Elle Decor

Taylor Swift may be best known for her impressive music career, though with eight homes across four states, she may be adding “real estate mogul” to her repertoire pretty soon. The 35-year-old pop megastar—who recently completed her record-breaking Eras tour—is worth an estimated $1.1 billion, according to Forbes, $150 million of which she has invested in real estate.
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8/29/2025 Barbra Streisand’s Former Upper East Side Townhouse Sells for $15.9 Million—Leading Luxury Sales in New York City - Realtor.com

The New York City luxury market had a $15.9 million celebrity sale with Barbra Streisand's former Upper East Side townhome going to a new owner.
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8/26/2025 Legionnaires' cases investigated at Bronx condo complex - NBC

Authorities are investigating at least two cases of Legionnaires' disease at a Bronx condominium complex to determine a possible connection, though they say those patients are not linked to the Harlem cluster that has infected more than 11 people, killing six of them, since late July.
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8/25/2025 ‘Your Friends & Neighbors’ creator pays $13M for Tribeca pad in celeb-friendly building - Crain's

A Tribeca building’s ties to Hollywood just got tighter. Screenwriter Jonathan Tropper, known for creating the Apple TV+ series Your Friends & Neighbors, and his wife, Stephanie Abram, have purchased a 3,000-square-foot condo unit on Greenwich Street for $13.3 million, according to a deed filed in the city register Thursday.
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8/22/2025 Brooklyn developer planning pair of Manhattan condo projects - Crain's

A Gravesend-based developer is planning to bring a pair of new luxury condo projects to Manhattan, including one that would rise on the site of the former Upper East Side carriage house of a JPMorgan executive from the early 20th century.
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8/20/2025 Does good cause eviction threaten Naftali’s Fifth Avenue condo? - Real Deal

You probably weren’t thinking about “good cause eviction” when you read in The Real Deal last week that Miki Naftali plans to demolish 800 Fifth Avenue after buying it from Eliot Spitzer. But Naftali surely did.
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8/14/2025 Cleveland Guardians co-owner pays about $18M for a condo on Billionaires Row

An owner of the Cleveland Guardians baseball team has a new home base on Billionaires Row. Home improvement entrepreneur Matt Kaulig has purchased a 3,400-square-foot unit at Central Park Tower, the 98-story Midtown spire considered the tallest residential building in the world.
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Recent Articles

NY Metro Mortgage Delinquency Rate Lower Than U.S. Average

Condo Competition Has High-End Co-ops Relaxing Financing Requirements

More Tariffs to Hit Homebuilders

NY Metro Mortgage Delinquencies Lower Than U.S. Average

Imputed Equity & Co-op Prices in a Depressed Market