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Board Operations
2021 March Board Style & Management Hands-on vs. Hands-off
On The Board
2021 March A Look at Board Powers What a Condo or Co-op Board Is … and Isn’t
Board Operations
2021 March Getting Residents Interested in Board Service Overcoming Apathy
Seminars
CooperatorEvents Presents 1st Annual Virtual Expo NY's Biggest & Best Co-op, Condo & Apartment Event Goes Online
Law & Legislation
2021 March Co-ops and the Paycheck Protection Program A Window to Obtain PPP Loans Opens
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Video
The NY Policy Holders Protection Act What's it to You?
Events
2021 March Current Issue
New this week

Popular Co-op-Sponsored Street Fair Resumes on Hester Street This Spring

Seward Park Partners With New Event Operator

For just over a decade, a small paved lot on the Lower East Side of Manhattan sandwiched between high school tennis cour…
Transparency & Community Governance

Transparency & Community Governance

Are Co-ops & Condos Really Democracies?

Anti-Asian Attack Captured on Camera at Hell's Kitchen Luxury Building

Anti-Asian Attack Captured on Camera at Hell's Kitchen Luxury Building

Staff Suspended Pending Investigation Into Failure to Help

Deadline for Energy Benchmarking Nears

Deadline for Energy Benchmarking Nears

Buildings Must Act Fast to Avoid Costly Fines

CooperatorEvents' First Virtual Trade Show a Success

CooperatorEvents' First Virtual Trade Show a Success

March 24th Event Draws Hundreds to Learn, Shop, & Network



Management

Board Style & Management

Hands-on vs. Hands-off

Condos and co-ops are unique in their management structure, of which there are two levels: the board of the association …
Management
Self-Management in Stressful Times
2021 January

Self-Management in Stressful Times

Some Communities Go it Alone—Others Outsource

Inspection Timetables
2021 January

Inspection Timetables

Maintaining Maintenance, Keeping Your Building Healthy

Management in Crisis:
2021 January

Management in Crisis:

How the Pandemic Changed an Industry

Virtual Governance
2020 November

Virtual Governance

How Co-ops & Condos Hold Meetings Distantly

Finance

Home Office Expense?

Don't Deduct That Just Yet

As we all know - and are probably sick of hearing at this point - the past year has been a time like no other.  Many of …
Finance
NYC Residents Pay $5,633 in Annual Property Taxes

NYC Residents Pay $5,633 in Annual Property Taxes

City Ranks Sixth Highest in the Nation

Anatomy of a Condo Loan

Anatomy of a Condo Loan

One Building's Case Study

Using Reserves to Cover a Cash Shortage

Using Reserves to Cover a Cash Shortage

Two More Views on a Possible Financial Lifeline

The Price is…Right?
2020 July

The Price is…Right?

Adjusting Valuations for Pandemic’s Impact



On The Board
  • Board Operations
  • Management Relations
  • Shareholder Relations

Getting Residents Interested in Board Service

Overcoming Apathy

While residents generally like the idea of community that living in a condominium or co-op provides (that’s why many opt…
Board Style & Management
2021 March

Board Style & Management

Hands-on vs. Hands-off

Airbnb vs. COVID-19

Airbnb vs. COVID-19

Governors, Boards & Residents Support Short-Term Rental Ban

Social Distancing in Co-op & Condo Buildings
2020 May

Social Distancing in Co-op & Condo Buildings

Living Apart, Together

We’re All in This Together
2020 May

We’re All in This Together

One Co-op’s Response to the COVID-19 Crisis

Technology vs. COVID-19

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

It’s become axiomatic that over time, technology gets smaller, more efficient, and more capable of multiple increasingly…
Supporting Essential Building Workers
2020 October

Supporting Essential Building Workers

How to Show Your Staff You Care

Conflict in Client Communities

Conflict in Client Communities

What's the Manager's Role?

Managing Conflicts

Managing Conflicts

How Managers Make Peace

Managing Multifamily Buildings

Managing Multifamily Buildings

What Are the Biggest Challenges?

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

Communicate...and Then OVERcommunicate

Tips for Getting Residents Involved, Engaged, & Informed

Helping Older Neighbors During the COVID-19 Pandemic

Helping Older Neighbors During the COVID-19 Pandemic

4 Things You Can Do

Vulnerable Residents
March 20, 2020

Vulnerable Residents

Safety for All

Conflict in Client Communities

Conflict in Client Communities

What's the Manager's Role?



Maintenance
  • All
  • Exterior
  • Interior

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…
Managing Exterior Repair Projects

Managing Exterior Repair Projects

Advice from a Legal Pro

Climate Change & Building Maintenance:
2020 November

Climate Change & Building Maintenance:

The Chicken & the Egg

Cleaning Through COVID
2020 November

Cleaning Through COVID

Maintaining Sanitation—and Sanity—in Multifamily Housing

NYC to Explore Using Drones for Facade Inspections

NYC to Explore Using Drones for Facade Inspections

City Council Orders DOB Study

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

NYC to Explore Using Drones for Facade Inspections

City Council Orders DOB Study

When Interior Renovations Become Exterior Issues
2020 April

When Interior Renovations Become Exterior Issues

Coping With Construction

Window Deterioration

Window Deterioration

Recognizing the Main Culprits

Local Law 97

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?

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

Lobby Decor

Lobby Decor

To Furnish, or Not to Furnish?

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

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

Hint: Keep it Clean!

Pest Issues in Multifamily Buildings

Pest Issues in Multifamily Buildings

What Are the Toughest Ones to Address?



Organizations

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

BTEA Announces COVID-19 Resource Center

Online Center to Provide Up-to-Date Information for Contractors

Design

Luxury Lobbies

Sought-After Amenity...or Artifact?

Snow, Salt, & Scent Design

Preparing for Inclement Weather - and Moods

What's Happening in Design

Adapting Common Spaces to the New Normal

Seeking Safe Outdoor Spaces

Roof Decks Become Even More Valuable During COVID

Fitting in Fitness

How to Get the Most out of an In-Building Gym

Insurance

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

The Claim Conundrum

When to File vs. When to Pay

Warranties and Service Agreements

What You Should Know About Coverage

News

4/9/2021  Sponsors and Holders of Unsold Shares: Everything Old Is New Again—Law.com
4/9/2021  Sponsors and Holders of Unsold Shares: Everything Old Is New Again—Law.com
Recent decisions have revived the discussion about rights of sponsors and holders of unsold shares in residential cooperative corporations.
Read full story
4/9/2021  Bronx’s Co-Op City could get $100M for building repairs if HUD approves: Schumer, Bowman—New York Daily News
4/9/2021  Bronx’s Co-Op City could get $100M for building repairs if HUD approves: Schumer, Bowman—New York Daily News
Co-Op City in The Bronx could free up $100 million for capital improvements and repairs at the decades-old housing development by pursuing a lucrative loan refinancing deal — but the Biden administration first needs to sign off it, according to a couple of New York lawmakers.
Read full story
4/8/2021  Fifth Avenue Co-Op of Philanthropist Jayne Wrightsman Gets $11 Million Price Cut—Mansion Global
4/8/2021  Fifth Avenue Co-Op of Philanthropist Jayne Wrightsman Gets $11 Million Price Cut—Mansion Global
The $50-million price tag on the classic Fifth Avenue co-op owned by legendary New York City arts patrons Charles and Jayne Wrightsman has been reduced to $39 million.
Read full story
4/8/2021  Mayoral Candidates Want to Convert a Tundra of Empty Offices, Hotels Into Housing—Commercial Observer
4/8/2021  Mayoral Candidates Want to Convert a Tundra of Empty Offices, Hotels Into Housing—Commercial Observer
When Gov. Andrew Cuomo ordered offices to effectively shutter as the pandemic bore down last spring, New York City’s work habits changed inexorably and millions of square feet in commercial inventory suddenly sat fallow.
Read full story
4/8/2021  Townhouse vs. condo debate rages as NYC real estate rebounds—New York Post
4/8/2021  Townhouse vs. condo debate rages as NYC real estate rebounds—New York Post
It’s no secret that New Yorkers love to debate: Uptown or downtown? East Side or West Side? Ess-a-Bagel or Bagel Hole?
Read full story
4/8/2021  200 Amsterdam’s condos are back on the market—The Real Deal
4/8/2021  200 Amsterdam’s condos are back on the market—The Real Deal
After a year of court battles, the condos at 200 Amsterdam Avenue are back on the market.
Read full story
4/7/2021  Related’s 15 Hudson Yards lands $108M condo inventory loan—The Real Deal
4/7/2021  Related’s 15 Hudson Yards lands $108M condo inventory loan—The Real Deal
After a rough year for luxury condo sales in Manhattan, Related Companies and Oxford Properties Group sewed up a loan for unsold condos at 15 Hudson Yards earlier this week, records show.
Read full story
4/7/2021  NYC Property Tax Overhaul Fizzles Out Amid Pandemic, Politics—Bloomberg Tax
4/7/2021  NYC Property Tax Overhaul Fizzles Out Amid Pandemic, Politics—Bloomberg Tax
Almost every year since 1992, the governor of New York has granted a request by New York City’s mayor and City Council to shave property tax bills for a sliver of wealthy residents.
Read full story
3/30/2021  L+M Development Exploring Purchase of Knickerbocker Village—Bowery Boogie
3/30/2021  L+M Development Exploring Purchase of Knickerbocker Village—Bowery Boogie
Knickerbocker Village, one of the largest residential complexes in the city, is exploring a possible sale to L+M Development Partners, several tipsters tell us.
Read full story
3/30/2021  NYC Program Offers Up To $40,000 Toward Your Down Payment Or Closing Costs For 1-4 Family Home CoOp Or Condo—EastNewYork.com
3/30/2021  NYC Program Offers Up To $40,000 Toward Your Down Payment Or Closing Costs For 1-4 Family Home CoOp Or Condo—EastNewYork.com
Although East New York and Brownsville are not yet seeing home prices in the $2 million range like in Bed-Stuy, the prices are absolutely increasing.
Read full story
3/30/2021  New Requirement For New York Landlords: Reasonable Accommodation Notice For Persons With Disabilities—JD Supra
3/30/2021  New Requirement For New York Landlords: Reasonable Accommodation Notice For Persons With Disabilities—JD Supra
A change in state law that takes effect this month now requires New York residential landlords to distribute disability accommodation notices to all current tenants by April 1, 2021, and to all new tenants within 30 days of beginning their tenancy.
Read full story
3/25/2021  Property Manager Accused Of Stealing $480,000 From Community In Area—Putnam Daily Voice
3/25/2021  Property Manager Accused Of Stealing $480,000 From Community In Area—Putnam Daily Voice
A property manager has been accused of stealing nearly half a million dollars from a co-op community in the area.
Read full story
3/25/2021  Should You Rent Out an Empty Apartment as Work-from-Home Space?—Motley Fool
3/25/2021  Should You Rent Out an Empty Apartment as Work-from-Home Space?—Motley Fool
Working from home has been a major culture shift for many people during the pandemic.
Read full story
3/23/2021  Extell Development Lost $206M in 2020—Commercial Observer
3/23/2021  Extell Development Lost $206M in 2020—Commercial Observer
Extell Development Company, one of the city’s most visible luxury developers, reported a loss of $206 million in 2020, as a result of falling property values, higher financing costs, and the sale of some of its holdings and interests, according to its annual financial report on the Tel Aviv Stock Exchange.
Read full story
3/23/2021  Stunning Luxury Contemporary Condominium Conversion Combining Two Historic Pre-War Buildings in New York Announce Sell-Out—MultifamilyBIz
3/23/2021  Stunning Luxury Contemporary Condominium Conversion Combining Two Historic Pre-War Buildings in New York Announce Sell-Out—MultifamilyBIz
350 West 71stStreet, the luxury conversion that beautifully combined two historic pre-war buildings into one stunning contemporary condominium on the Upper West Side of Manhattan – today announced that the last remaining unit, a four-bedroom, three-and-a-half bathroom, has sold.
Read full story
3/23/2021  Con Edison & Partners Placing Solar Panels On NYC Housing Authority Developments—KPVI News
3/23/2021  Con Edison & Partners Placing Solar Panels On NYC Housing Authority Developments—KPVI News
Twelve newly trained solar installers are placing panels on New York City Housing Authority developments to provide clean power at discounted rates for low- and moderate-income subscribers.
Read full story
3/23/2021  A Wave of Ultra-Luxury, Branded Condos Is About to Swamp Manhattan—Commercial Observer
3/23/2021  A Wave of Ultra-Luxury, Branded Condos Is About to Swamp Manhattan—Commercial Observer
It’s a given that New York’s real estate market has long been able to cater to the ultra-high-net-worth individual.
Read full story
3/22/2021  Nixon Peabody Co-Op Leader Sees Strong Residential Sectors—Law360.com
3/22/2021  Nixon Peabody Co-Op Leader Sees Strong Residential Sectors—Law360.com
Transactional activity in the New York affordable and middle-market residential sectors has remained strong during the COVID-19 pandemic, while regulators have been aggressively enforcing government pandemic-related orders, one of Nixon Peabody's real estate leaders recently told Law360.
Read full story
3/22/2021  Beastie Boys’ Ad-Rock Asks $3.2 Million for NYC Loft—Architectural Digest
3/22/2021  Beastie Boys’ Ad-Rock Asks $3.2 Million for NYC Loft—Architectural Digest
Lifelong New Yorker Adam “Ad-Rock” Horovitz is bidding farewell to his Manhattan home of almost a decade.
Read full story
3/22/2021  A New Type of Pied-à-Terre Tax: A Surcharge on Non-Primary Owners—JD Supra
3/22/2021  A New Type of Pied-à-Terre Tax: A Surcharge on Non-Primary Owners—JD Supra
At the end of last year, we discussed the latest pied-à-terre tax proposal introduced in the New York Legislature, Senate Bill S44B, and how it compared with prior versions reported in this blog over the past six years.
Read full story
Show more news

Recent Articles

The Cooperator Events Presents: Do it Right, Make it Better - Enhancing Your Annual Virtual Meetings
Popular Co-op-Sponsored Street Fair Resumes on Hester Street This Spring
Transparency & Community Governance
Anti-Asian Attack Captured on Camera at Hell's Kitchen Luxury Building
Deadline for Energy Benchmarking Nears

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