CooperatorNews New York, The Co-op & Condo Monthly

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Albany, New York, USA at the New York State Capitol.

Albany Debates Buyer Approval & Reserve Funding Requirements

Proposed Legislation Would Impact Both Co-op & Condo Boards

Two major legislative proposals currently active in the New York State Legislature are causing some debate between housi…

NHC Announces Solutions for Affordable Housing Convention

December 8, 2026 in Washington, D.C.

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

Hurricane Season is Here

Is Your Building Ready?

Human hand hold banner, placard with word Yes, No. Test question, choice, dispute, vote concept

Local Law 58

It's About Time (and Transparency)

Miami Beach Surfside, FL, USA - June 26, 2021: Champlain Towers remains 2 days after collapse owners personal belongings visible hanging from the units

State of Florida Releases Surfside Report

Two Pros Weigh in on Nationwide Impact

Management

Hurricane Season is Here–Are You Ready?

The Atlantic hurricane season runs from June through November, with storm activity intensifying in late summer, peaking …

Management

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

Real estate search or investment. Buying property concept, woman looking home on market. Buy or rent house online, vector illustration

2026 March

Management Trends Every NYC Board Should Watch

2026 February

Changing Management

Tips for Navigating the Transition

Finance

welsh corgi dogs and british longhair cat on sofa at home

Let Them Have Pups

The Downside of Pet Bans

According to the Pew Research Center, approximately 71% of American households own at least one pet. Nearly half of U.S.…

Finance

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

Reston, Virginia, USA- march 1, 2020: Freddie Mac office in Reston, Virginia, USA. Freddie Mac is a public government-sponsored enterprise (GSE).

Mortgage Rates Decrease to Lowest Level in Over a Year

Freddie Mac Releases New Survey

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

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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

On the roof soiled solar system with pigeons, the feces deposits of the pigeons have impaired the efficiency of the photovoltaic system

The Problem with Pigeons

Loafing, Nesting & Costly Cleanups

Cities are known for being home to diverse populations that thrive in fast-paced, crowded environments—and not all of th…

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.

2026 May

Sidewalk Sheds—Expensive Eyesores

2026 May

Local Law 126–Garage Inspections

Preventing Structural Failures

A residential ceiling showing severe water damage with bubbling, discoloration, and stains, likely caused by a leak. The affected area highlights the urgency for repairs to prevent further structural issues. Ideal for illustrating water damage restoration, home repair services, or property maintenance needs.

2026 April

The Battle Against Leaks

Recognize, Locate, Eliminate

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

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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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7/31/2026 Kings Capital snaps up vacant NoLita lot with plans for boutique condo building - Crain's

A Chelsea-based real estate firm has purchased a development site in Manhattan’s trendy NoLita neighborhood with plans to turn the property into a boutique condo building.
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7/29/2026 Co-op and condo group makes affordability pitch to NYC’s affordability mayor - Gothamist

Rents are not the only thing driving up housing costs for New Yorkers. The Council of New York Cooperatives and Condominiums says rising prices for insurance, fuel and maintenance are threatening to push residents out of some of the last bastions of affordable homeownership in New York City: co-ops and condos.
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7/27/2026 Property Dispute Forces Redesign of $2B Flood Wall for Battery Park City - The City Reporter

Part of an embattled flood protection project in Lower Manhattan will need a redesign after local condo owners and a state entity couldn’t reach a deal on access to private areas during construction — keeping public space closed for longer and delaying a climate resilience effort that’s been in the works for more than a decade.
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7/24/2026 Which NYC neighborhoods top the most expensive list of the year thus far? The devil is in the details. - amNY

Buying a home in the city is more expensive than ever with a citywide median sale price of $825,000 compared to the same time period last year, according to an analysis of residential real estate sales released Wednesday by Property Shark.
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7/22/2026 How a leaky toilet spiraled into a NYC apartment left in ruins and a 9-year lawsuit seeking $750K in damages - New York Post

It all started on a soggy Sunday afternoon in June 2017 — and has since grown into a rather crappy ordeal. Gary Paul was sitting on the toilet in his Upper West Side studio co-op apartment reading the paper when he claims he noticed brown dirt oozing down his bathroom mirrors. Looking up, he said he saw the crown molding splitting. Then came the sound: water rushing inside the walls, running down the pipes.
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7/20/2026 Inside the 500-Foot Boutique Condominium Coming to New York’s Greenwich Village - Robb Report

A new residential tower rising just off Fifth Avenue is set to reshape the Greenwich Village skyline—much of it has remained under wraps, but Robb Report just got a first look. Developed by Legion Investment Group and EJS Group, the aptly named Greenwich Spire at 11 West 13th Street will measure a lofty 500 feet tall but offer just 34 residences, adding a layer of exclusivity.
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7/16/2026 Harlem to get 11-story condo with 72 residences and a daycare - 6sqft

Plans to build an 11-story condominium in Harlem are moving ahead after the development team secured $45 million in construction financing this week. SCALE Lending, the debt financing arm of Slate Property Group, announced Tuesday that it issued the loan to Mass Development for the multifamily project at 264-272 West 135th Street. The ground-up building will feature studio to three-bedroom condos, half of which will include balconies, along with retail space, community facility, and resident amenities.
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7/14/2026 Manhattan luxury real estate market plummets after Mamdani pied-à-terre tax goes into effect - NY Post

Manhattan’s luxury real estate market ground to a halt last week, with just one trophy home asking more than $10 million entering contract — as brokers told The Post that anti-wealth rhetoric from Mayor Zohran Mamdani and the controversial pied-à-terre tax are spooking affluent buyers.
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7/10/2026 Developer of buckling NYC building facing $376M claims for ‘life-threatening’ shortcuts at celeb enclave - New York Post

MetroLoft, the developer behind the Manhattan high rise that suddenly buckled on Tuesday, is facing a $350 million-plus lawsuit at star-studded 443 Greenwich St., home to names including Rebel Wilson, Harry Styles and Meg Ryan over the last decade.
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Recent Articles

Q&A: Removing a Board President

Hurricane Season is Here–Are You Ready?

NYC’s New Pied-a-Terre Tax

Preparing for a Claim Before One Happens

The Problem with Pigeons