CooperatorNews New York, The Co-op & Condo Monthly

New this week

COVID Reshaped How Developers Build

Work Spaces, Fitness Areas, & Green Spaces Are Must-Haves

Like other bellwether events before it (9/11, the Great Recession), the COVID-19 pandemic has wrought seismic changes to…

Geothermal Power Advances as Sustainable Energy Source

Proptech Startups Pave—and Drill—the Way

Foreign Buyers Return to New York Market

After 2020 Freeze, Prices & Interest Are Going Up

As Costs Rise, So Do Carrying Charges

Monthly Fees for Co-ops & Condos Up All Over the U.S.

CooperatorEvents Expo New York Returns—In Person!

A Full - FREE - Day of Vendors, Seminars, Advice, & More

Management

Protecting Your Condo or Co-op from the Next Major Storm

Get Ready, Stay Ready

This fall, several massive storms struck the United States in rapid succession. Hurricane Ida cut a huge swath of damage…

Management

2021 October

The Bidding Process

Finding the Best People at the Best Price

CooperatorEvents Expo New York Returns—In Person!

A Full - FREE - Day of Vendors, Seminars, Advice, & More

Structural Inspections

What Does Your Region Require?

2021 April

Liability, Cost, & Reopening Amenities

The Summer of COVID-19, Round 2

Finance

As Costs Rise, So Do Carrying Charges

Monthly Fees for Co-ops & Condos Up All Over the U.S.

The Community Associations Institute (CAI) estimates that 74 million Americans live in communities managed by homeowners…

Finance

Out of Sight, Out of Mind...Out of Money?

Looking Deeper With Reserve Studies

2021 July

How Has COVID Affected the Multifamily Housing Market?

The Answer: It Depends.

2021 July

Mixed Income Communities

Fairness, Equity, & Neighborliness

2021 July

Where Does It Go?

The Problem of Financial Leakage

On The Board

Protecting Board Members from Claims

A Look at Liability & Insurance Coverage

In the wake of a tragedy of the size and scope of the recent building collapse in Surfside, Florida, many board members …

CooperatorEvents Expo New York Returns—In Person!

A Full - FREE - Day of Vendors, Seminars, Advice, & More

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

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

CooperatorEvents Expos Return - In Person - to NYC This Fall!

The Must-Attend Event is Back at the Hilton Midtown

Term Limits for Board Members:

A Breath of Fresh Air or a Lack of Oxygen?

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

Neighbor Noise

When Enough is Too Much

Noise is an acknowledged part of urban life - particularly apartment living. Some of it - traffic, garbage collection, …

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

Conflict in Client Communities

What's the Manager's Role?

Maintenance

Building Better in Surfside’s Wake

Out of Tragedy Comes Reform

The tragic partial collapse and subsequent demolition of the Champlain Towers South Condominium in Surfside, Florida thi…

Structural Integrity Inspections:

What Does Your State Require?

Adjacent Construction Risk Management

The Building (or Demolition) Next Door

Managing Exterior Repair Projects

Advice from a Legal Pro

2020 November

Climate Change & Building Maintenance:

The Chicken & the Egg

Adjacent Construction Risk Management

The Building (or Demolition) Next Door

Cities reshape and reinvent themselves regularly and organically. Old buildings become obsolete for a variety of reasons…

NYC to Explore Using Drones for Facade Inspections

City Council Orders DOB Study

2020 April

When Interior Renovations Become Exterior Issues

Coping With Construction

Window Deterioration

Recognizing the Main Culprits

Local Law 97

How Will it Affect Your Building?

Spring Maintenance

Warmer Days Ahead

Though 'winter' in these days of shifting, warming climate tends to involve more chilly rain and slush than the snowdrif…

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!

Pest Issues in Multifamily Buildings

What Are the Toughest Ones to Address?

Organizations

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

REBNY Launches First-of-its-Kind Fellowship Program

Group Aims to Cultivate Diversity in the Real Estate Industry

Design

Bloom Times

The Luxury - and Value - of Floral Arrangements

Using Color to Create Mood & Make a Statement

Your Palette Makes a Difference

Interior Design Responds to COVID

Flexibility, Technology, Nature, & Gratitude

Universal Design & the ADA

Design for Every Body

Luxury Lobbies

Sought-After Amenity...or Artifact?

Insurance

Protecting Board Members from Claims

A Look at Liability & Insurance Coverage

Loss, Insurance, & Claims

A Primer

Insurance Coverage vs. COVID-19

Co-ops & HOAs May Be Left Holding the Bag

The NY Policy Holders Protection Act

What's it to You?

A Hard Market

Understanding the Current Insurance Cycle

News

10/26/2021 Macquarie Capital Refis FiDi Condo Tower Before Foreclosure With $167M Loan—Commercial Observer

Macquarie Capital, an investment division within Sydney, Australia-based financial services firm Macquarie Group, has refinanced the 40-story residential condominium tower at 77 Greenwich Street in Manhattan’s Financial District, staving off foreclosure moves by the owner’s previous senior and mezzanine lenders.
Read full story

10/25/2021 My lifelong fight for true housing justice here in the Bronx—Riverdale Press

During my tenure in the Assembly representing our community, the landscape for housing rights has changed dramatically — especially over the past two years.
Read full story

10/25/2021 Harlem's Esplanade Gardens Tenants 'Tortured' By Endless Repairs—Patch.com

Two years of capital improvements being carried out at Harlem's famous Esplanade Gardens complex have been badly mishandled, according to residents, who instead refer to the work as "capital punishment."
Read full story

10/25/2021 HAP Investments Sells Stake in $506M Multifamily Project in Manhattan—RE Business Online

HAP Investments, a New York City-based residential and commercial developer, has sold its equity stake in The Maverick, a $506 million multifamily project at 215-225 W. 28th St. in Manhattan’s Chelsea neighborhood that is nearing completion.
Read full story

10/25/2021 Prioritizing equity is needed to combat green-city gentrification and 'irresponsible environmental policies,' urban geographer says—Business Insider

In Pilsen, a historically Latino neighborhood in Chicago, the city plans to construct a multipurpose 4.2-mile-long path, dubbed El Paseo Trail, along the abandoned rail line.
Read full story

10/22/2021 City Planning approves Soho rezoning, opponents call foul—Real Estate Weekly

The city planning commission has given its backing to a plan to rezoning parts of Soho, Noho and Chinatown.
Read full story

10/21/2021 Fidi condo tower risks foreclosure as Trinity Place Holdings races to refinance—The Real Deal

Trinity Place Holdings is racing to close an inventory loan for its trophy Financial District condo tower before forbearance agreements with its lenders expire in two weeks.
Read full story

10/21/2021 New York Housing Demand Surges After Pandemic Slowdown—Realtor.com

New York City’s housing market is undergoing a powerful rebound, fueled by New Yorkers trading up, out-of-staters moving in, and others looking beyond the pandemic’s aftershocks to make a long-term bet on the city.
Read full story

10/21/2021 Plans change for River North: NYC Council committee OKs 700-unit high-rise, clearing way for final approval—SI Live

After a Manhattan developer amended its plan for River North to include fewer units and stories, the City Council’s zoning committee gave the St. George waterfront project a thumbs up on Tuesday, clearing the way for a full Council vote that would allow the plan to come to fruition.
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10/19/2021 Luxurious Makeover Comes To Upper West Side Residential Selection—Forbes

Manhattan’s Upper West Side has long been associated with a number of character-laden pre-war co-op properties coveted by household name celebrities.
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10/19/2021 A Duplex Penthouse in New York With a Celebrity-Studded History—Mansion Global

This duplex penthouse once owned by the actress and singer Mary Martin, who starred in the Rodgers and Hammerstein musicals “South Pacific,” “Peter Pan” and “The Sound of Music,” is the crown jewel of The Campanile, a pre-war building on the east side of Midtown Manhattan.
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10/14/2021 Off-Plan Condo Buyers Are Demanding a More Bespoke Experience, Designer Says—Mansion Global

Katherine Newman, founder of Toronto-based design firm Katherine Newman Design, took on the huge task of designing 483 modern, minimal interiors of Brooklyn Point, a 720-foot-high, 68-floor condo that opened in 2020 in downtown Brooklyn, New York.
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10/14/2021 Search National Cooperative Bank Originates Over $275 Million for New York Area Cooperatives and Condominiums in Third Quarter of 2021—MultifamilyBiz

National Cooperative Bank (NCB), a leading lender to cooperative housing and condominiums throughout the Tri-State area, originated over $275 million to 71 New York area housing cooperatives and condominiums during the third quarter of 2021.
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10/14/2021 Affordable Brooklyn housing project sits empty for more than two years—New York Post

Three dozen affordable Brooklyn apartments have been sitting vacant for more than two years despite the city’s desperate need for such housing.
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10/14/2021 New agreement allows thousands of NYC commercial, residential properties to mandate vaccination for building service employees—amNY

Thousands of commercial and residential properties in the city, including condos and co-ops, now have the option to mandate vaccination for building service employees.
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10/12/2021 The Manhattan Real Estate Market May Be At An Inflection Point: Watch These Categories—Forbes

As Manhattan real estate enters the fall busy season, it bears asking: What does the market look like today, and where is it headed?
Read full story

10/8/2021 NY Doorman Claims Resident Promised Him a Third of His Fortune—WealthManagement.com

A doorman at a luxury apartment in New York City, at 14 Sutton Place in Midtown East, has filed suit against a former resident’s estate, claiming the man promised to leave him one-third of his fortune.
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10/8/2021 NYC recovers as Manhattan apartment sales surge to three-decade high—NY Post

In the latest sign that the New York City real estate market is quickly recovering, third-quarter reports reveal that more Manhattan apartments were sold than at any other point of time in the last three decades.
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10/6/2021 NYC’s Tax Revenue Exceeds Pre-Pandemic Level as Real Estate Sales Boom—Commercial Observer

Tax revenue coming from New York City’s real estate deals has exceeded even pre-pandemic levels as demand for residential properties in the five boroughs rises.
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10/6/2021 Lights Out Feared for NYC New Community Solar Projects as State Credits Fade—The City

New York is primed to soak up the sun, but the city’s ability to hit its solar-power targets could be in jeopardy.
Read full story

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Recent Articles

COVID Reshaped How Developers Build

Geothermal Power Advances as Sustainable Energy Source

Protecting Your Condo or Co-op from the Next Major Storm

Foreign Buyers Return to New York Market

As Costs Rise, So Do Carrying Charges