CooperatorNews New York, The Co-op & Condo Monthly

New this week

New York, New York - Oct 29 2012: A digital display above the entrance of the subway as Hurricane Sandy moves in the New York City area on Monday, Oct. 29, 2012.

Flood Barriers

Protection When the Waters Rise

With seasonal storms becoming both more frequent and more intense in the Northeast, the reality of urban flooding and th…

Fluffy brown dog sits on the floor near an elevator door, looking up with curiosity and excitement, reflecting in the shiny surface below.

Tips for Multifamily Pet Owners

A Lesson in Petiquette

Woman, baby and washing machine on floor, home and sleeping with care, clothes and multitasking. Mother, infant child and basket for laundry, hygiene and cleaning routine in morning at family house

Top In-Unit & Shared Amenities

Daily Conveniences + Lifestyle Services

Payment bill overdue, reminder letter of unpaid invoice, debt final notice warning, envelope with past due stamp. Finance and bankruptcy concept. Business vector illustration in flat style.

Collecting Arrears

Options for Co-op & Condo Boards

wet and muddy in the stairwell, slush in winter or spring, exit to the street

Getting a Jump on Winter

Slushy Season is Coming

Management

Taming the Annual Meeting

How to Keep Yours On-Task, On Track & Over On Time

When it comes to running effective annual community meetings, the battle is often won or lost before the meeting is even…

Management

Video call group business people meeting on virtual workplace or remote office. Telework conference call using smart video technology to communicate colleague in professional corporate business.

2026 October

Running Hybrid Meetings

How to Keep Them Legally Legit

Hurricane alert concept abstract background with red alarming color and world map. Cyclone and weather alert concept

2026 September

Hurricane Season is Here–Are You Ready?

Multiracial friends enjoying in movie night in the backyard at sunset. Copy space.

2026 July

Beyond BBQs

Creative Summer Social Programming

2026 May

Strategic Reserve Management

Tending Your Building’s Nest Egg

Finance

Collecting Arrears

Options for Co-op & Condo Boards

Positive cash flow is vital for every co-op and condo community for paying bills and covering operating expenses—which i…

Finance

welsh corgi dogs and british longhair cat on sofa at home

2026 July

Let Them Have Pups

The Downside of Pet Bans

Mindful young woman breathing out with closed eyes, calming down in stressful situation, working on computer in modern kitchen. Millennial hispanic lady managing stress, practice yoga at home office.

2026 July

Recent Bill Aims to Calm Ground Lease Panic

A Close Look at NYS Assembly Bill A2619A

Coins are stacked with house icons on top, showing growth in real estate value with dollar signs.

2026 July

Rising HOA Fees

The Upward Spiral

Fees Wooden Blocks On Increasing Coins Stacks

2026 March

Funding & Fiduciary Responsibility

Setting Proper Maintenance Fees

On The Board

Property Management Tales and Takeaways

The ever-changing, often unpredictable nature of their industry requires professional property managers to be adaptable.…

New Alteration Agreement Form for Condos Adopted

Standardization Will Help Boards Modernize & Reduce Risk

Insurance policy document concept, Businesswomen checklist insurance document online, Transportation, Travel, Cargo, Family, Healthcare, Financial Information and conditions, benefits from insurance

2026 January

Insurance Coverage in the New Year

It’s Expensive Out There

Parcel packaging box icon 3d rendering element

2025 December

The Board Package

Balancing Power With the Law

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

2025 July

Just a Minute

Maintaining Your Board’s Records

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

Flood Barriers

Protection When the Waters Rise

With seasonal storms becoming both more frequent and more intense in the Northeast, the reality of urban flooding and th…

Getting a Jump on Winter

Slushy Season is Coming

Safety officer/Supervisor is writing note on the checklist paper during perform audit and inspection in oil field operation. Close-up action and selective focus photo.

The Problem with Pigeons

Loafing, Nesting & Costly Cleanups

Stressed and headache asian woman with large bills or invoices no money to pay to expenses and credit card debt. shortage, Financial problems, mortgage, loan, bankruptcy, bankrupt, poor, empty wallet

2026 September

Why is My Maintenance So High?

Understanding Your Bill

New York, NY, USA, 12-05-2023 New York City night time street scene with scaffolding parking garage entrance and pedestrians. Editorial use only.

Sidewalk Sheds—Expensive Eyesores

Sidewalk sheds are a frequent sight—and frequently a point of contention—across all five boroughs. Put up to facilitate …

New York, New York, USA at New York City Hall in the morning time.

2026 March

Local Façade Law Overview

Different Cities—One Goal

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

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

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

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

Kitchen Blueprint Drawing Gradating Into Finished Build.

Kitchen & Bath Renovations

Rule #1 - Hire an Architect

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

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

10/7/2026 NYC developers shunning entry-level buyers — pushing city’s house prices even higher - New York Post

In Manhattan, a $1 million condo counts as “entry level” — and developers are building dramatically fewer of them. The supply of the city’s most affordable new-development condos is projected to plunge 74% through 2029 compared with the past decade, according to a new report from Corcoran Sunshine Marketing Group obtained by The Post.
Read full story

10/5/2026 A Judge Has Temporarily Blocked New York City’s Pied-À-Terre Tax - Robb Report

New York City’s new tax on pricey second homes has hit a roadblock just as homeowners were figuring out whether they would have to pay it.
Read full story

9/30/2026 The pros and cons of buying a co-op sponsor unit: No board approval required, but you'll pay a premium - Brick Underground

If you're looking to buy a co-op in New York City, the term "sponsor unit" may have caught your eye while scanning listings. This type of co-op apartment offers several advantages, including the ability to skip the board approval process—a huge relief for many buyers.
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9/24/2026 What New York buyers, sellers and boards need to know about the 2026 condo financing overhaul - Housing Wire

If you’re buying, selling or sitting on the board of a condo in New York right now, there’s a good chance your building’s finances just became a lot more important to your closing timeline. Starting August 3, Fannie Mae is rolling out a significant update to how it reviews and approves condo projects for conventional financing. Together, the changes represent one of the biggest shifts in condo lending standards in years, and New York’s older, densely packed co-op and condo stock makes this market one of the most exposed.
Read full story

9/22/2026 Condo owners are getting trapped in homes they can’t sell — as HOA costs and financing woes pile up - New York Post

Condo owners across America are discovering that their supposedly affordable homes may come with an expensive catch: They can be extraordinarily difficult to sell.
Read full story

9/18/2026 This Filmmaker Loves Movie Homes So Much, He Built a Mini One in His NYC Condo - Dwell

Filmmaker Lee Leshen has more than a passing interest in famous on-screen houses that are just as iconic as the media they appeared in. He produced the 2024 documentary, The House From…, about what it’s like to live in a movie- or TV-famous house, like Home Alone’s Georgian Colonial, the Golden Girls Palm Beach Regency, or Walter White’s ranch-style home from Breaking Bad. So when he decided to buy his own piece of real estate in New York City after riding out the pandemic in a 250-square-foot West Village studio, he knew it was going to be a creative project, not just a regular renovation. "When I was thinking about my next apartment, I thought, What if you had a nice apartment in Toontown sprinkled with a bit of Pee-wee’s playhouse?" Lee says. "It was going to be more Acme-themed."
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9/16/2026 Former Hotel Bossert in Brooklyn Heights to become Ritz-Carlton condos - 6sqft

A former Brooklyn Heights hotel known for its glamorous past and A-list guests is entering its next luxury chapter. Marriott International, Inc. and SomeraRoad on Tuesday announced plans to turn Hotel Bossert at 98 Montague Street into The Ritz-Carlton, Residences, Brooklyn Heights, bringing the first branded residences to the borough. The project, which preserves the landmarked Renaissance Revival building, will add 62 condominiums and a ground-floor restaurant by Danny Meyer’s Union Square Hospitality Group.
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9/15/2026 Related sells long-marketed Hudson Yards penthouse in decent week for luxury sales - Crain's

A Related Cos. tower that was among the most anticipated (and hyped) of the last condo boom is still searching for buyers after a decade.
Read full story

9/10/2026 Brooklyn developer must repay $6M+ to condo buyers after illegal sales - 6sqft

A Brooklyn condo developer who cheated tenants out of more than $6 million in down payments must repay the money and is banned from selling property in New York for six years. Attorney General Letitia James last week announced that the state secured the funds from 425 Marcy, LLC, and its principal, Ezra Unger, who she said unlawfully sold units and collected down payments for apartments in Williamsburg before he was legally permitted to do so. Unger then illegally used buyers’ down payments for various expenses instead of keeping the money in escrow.
Read full story

9/8/2026 Co-op and Condos United rally for amendments to Local Law 97 - NYREJ

Manhattan, NY Co-op and Condos United of New York (CCU), a coalition of co-op and condo owners from across the five boroughs that represents the interests of the more than one million New York homeowners who live in this type of housing, hosted a rally at the Southbridge Towers Co-op in Lower Manhattan to raise awareness about the affordability crisis currently blighting the cooperative housing community. Building on momentum following a recent rally at Bell Park Manor, the event brought co-op leaders and residents together to address Local Law 97 (LL97) and the heavy financial burden it is placing on co-ops and condos.
Read full story

9/4/2026 What NYC Co-op and Condo Boards Need to Know About Corporate Transparency Act Exemptions - National Law Review

FinCEN has finalized a rule that permanently exempts most domestic entities from Corporate Transparency Act (CTA) beneficial ownership reporting requirements. As a result, cooperative corporations, condominium-related entities, and other community associations organized in the United States generally are no longer required to file Beneficial Ownership Information (BOI) reports with FinCEN, and their board members, officers, and directors generally are no longer required to provide or update personal beneficial ownership information in connection with those filings.
Read full story

8/31/2026 Resident at Long Island condo complex says he's "afraid for my life" after mudslide behind building - CBS

Recent rains have taken a dramatic toll on one condominium complex on Long Island. One of the unit owners says he feels in danger, living on the edge of a steep drop-off.
Read full story

8/27/2026 NYC’s Condo Pipeline Set to Shrink 11% Through 2029 - CRE Daily

New York City’s pipeline of new-construction condos for sale is set to shrink, with new condo launches projected to fall 11% through 2029, according to Corcoran Sunshine Marketing Group’s 2026 Pipeline report, as reported by Bloomberg. An average of 13,000 condo and rental units will come to market annually through 2029, down from a 13,400 average over the past decade. In total, about 52,000 combined market-rate condo and rental units are expected to launch across Manhattan and the studied areas of Brooklyn and Queens through the period.
Read full story

8/21/2026 NYC co-op and condo owners claim they're overpaying property taxes: 'We want a refund' - ABC

While Mayor Zohran Mamdani is taking new action to "tax the rich" on their second homes in New York City, some everyday New Yorkers say they've been overpaying their property taxes and having trouble getting refunds.
Read full story

8/17/2026 Pied-À-Terre Tax Won't Deter Buyers Long Term, Developers Say - BisNow

President Donald Trump has taken aim at Mayor Zohran Mamdani’s initiative to levy an extra tax on New York City pieds-à-terre, which is already embroiled in a bureaucratic tug-of-war in the city's courts.
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8/14/2026 NYC Billionaire’s Row tower where it’s raining ‘chunks of concrete’ losing value fast: ‘It’s too dangerous’ - New York Post

As drones circle the 1,396-foot tower and repair work begins at 432 Park Avenue, the 94th floor skypad at the beleaguered building has sold for $22 million, Gimme Shelter has learned — a stunning comedown from its original $33 million ask two years ago, and a $3.75 million gut-punch from the $25.75 million price it went into contract at earlier this month.
Read full story

8/12/2026 NYC co-op and condo owners claim they're overpaying property taxes: 'We want a refund' - ABC

8/10/2026 NYCHA Tenants Sue Over Police Access to Surveillance Cameras, And What Else Happened This Week in Housing - City Limits

Two NYCHA tenant associations in Brooklyn accused the city of violating residents’ rights by covertly using a free internet program to give police access to public housing surveillance cameras, according to a lawsuit filed Thursday.
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8/6/2026 Aggressive HOAs are running out of money and foreclosing on more residents than ever before - New York Post

America’s homeowners associations are running out of money — and patience. Amid rising insurance premiums, drained reserve funds and increased safety measures in the wake of the Surfside condominium collapse, the country’s hundreds of thousands of homeowners associations are cracking down on delinquent residents.
Read full story

8/4/2026 NYC extends pied-à-terre tax exemption deadline by 4 weeks amid confusion - 6sqft

New York City has given homeowners who received notices that they may be subject to the new pied-à-terre surcharge an extra four weeks to apply for exemptions, following criticism over the rollout of the notices. Mayor Zohran Mamdani and Department of Finance (DOF) Commissioner Richard Lee on Saturday announced the deadline extension, which gives eligible property owners until September 18 to submit exemption applications for surcharges on their non-primary residences. The city began notifying eligible property owners late last month, and the rollout came under heavy criticism from some homeowners who said they received notices despite not qualifying for the new tax.
Read full story

Show more news

Recent Articles

Q&A: Noisy Nuisance

Pro Tips for Your Next Hybrid Meeting Creative Summer Social Programming

Petiquette - Tips for Multifamily Pet Owners

What the People Want - Top In-Unit & Shared Amenities

Stay Cozy - Easy Energy Saving Tips for Residents

Flood Barriers

Protection When the Waters Rise

Tips for Multifamily Pet Owners

A Lesson in Petiquette

Top In-Unit & Shared Amenities

Daily Conveniences + Lifestyle Services

Collecting Arrears

Options for Co-op & Condo Boards

Getting a Jump on Winter

Slushy Season is Coming

Taming the Annual Meeting

How to Keep Yours On-Task, On Track & Over On Time

2026 October

Running Hybrid Meetings

How to Keep Them Legally Legit

2026 September

Hurricane Season is Here–Are You Ready?

2026 July

Beyond BBQs

Creative Summer Social Programming

2026 May

Strategic Reserve Management

Tending Your Building’s Nest Egg

Collecting Arrears

Options for Co-op & Condo Boards

2026 July

Let Them Have Pups

The Downside of Pet Bans

2026 July

Recent Bill Aims to Calm Ground Lease Panic

A Close Look at NYS Assembly Bill A2619A

2026 July

Rising HOA Fees

The Upward Spiral

2026 March

Funding & Fiduciary Responsibility

Setting Proper Maintenance Fees

Property Management Tales and Takeaways

New Alteration Agreement Form for Condos Adopted

Standardization Will Help Boards Modernize & Reduce Risk

2026 January

Insurance Coverage in the New Year

It’s Expensive Out There

2025 December

The Board Package

Balancing Power With the Law

2025 July

Just a Minute

Maintaining Your Board’s Records

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

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

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

Free Speech vs. House Rules

Balancing Both in Contentious Times

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

Flood Barriers

Protection When the Waters Rise

Getting a Jump on Winter

Slushy Season is Coming

More on Reserve Studies & Structural Safety

The Engineering Perspective

2026 September

The Problem with Pigeons