Most of us hold our co-op shares individually or jointly with a spouse or partner. Co-op shares can be also held in a trust. Which is the best choice? CooperatorNews asked Hal Coopersmith, principal of Coopersmith & Coopersmith, a law fir…
NYC’s landlords, co-op shareholders and condominium owners are seeking innovative ways to reduce their carbon emissions and improve the energy efficiency of their buildings. As prime energy-users, heating ventilation and air conditioning sy…
Q. A neighbor in our condo had a pressure test done that blew out our kitchen faucet, causing $20K in water and mold damage. Our 30-year-old building does not have isolation valves installed between the units. Had the neighbor provided no…
Running along the river on Manhattan’s far west side, overlapping with Hell’s Kitchen to the north and Chelsea to the south, the Hudson Yards used to be a gritty industrial no-man's land of warehouses, parking garages, and the occasional ni…
Hiring outside contractors is simply part of running a co‑op or condo community. From routine repairs to major capital projects, boards rely on vendors to keep buildings operating safely and efficiently year-round. In many cases, the board …
The National Housing Conference (NHC) issued an urgent call to action on May 12, throwing its full weight behind a revised bipartisan housing package currently moving through Congress. In a recent press statement, NHC President and CEO Davi…
NYC is forever changing and evolving; Lower Manhattan was once a small village, after all, and Harlem a vast swath of farmland. More recently, shifting economic realities, the advent of AI, and the COVID pandemic have changed the way city-d…
The ever-changing, often unpredictable nature of their industry requires professional property managers to be adaptable. On any given day, a manager might find him- or herself dealing with issues ranging from managing a major capital repair…
So you've decided to join your board. Good for you–after all, decisions are made by those who show up! Unless you already have a deep bench of administrative or governing experience, it’s more than reasonable to expect that there will be m…
In a crowded urban environment like New York City, personal space is limited, valuable, and jealously guarded. With dwelling units stacked atop each other and sharing walls, any activity on the part of a neighbor may encroach on the use and…