Neighborhoods Is Your View a Property Right?
Is Your View a Property Right?

Along with other major criteria (location, square-footage, 'light,' 'air,' etc.) a good view from one or more windows can be a big selling point for an apartment. In fact, many a buyer has purchased their unit based on the view. Some will e…

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Building Operations Small Building Challenges
Small Building Challenges

Like people, co-op and condo buildings come in all shapes and sizes, and have different personalities and tastes. Regardless of size however, all buildings face similar challenges – coping with ever-increasing numbers of deliveries, for exa…

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Buying & Selling From Charity to Luxury
From Charity to Luxury

A former Salvation Army distribution center at 26 Quincy Street in Brooklyn's Clinton Hill neighborhood is slated to be internally renovated into a 49 condominium units by development partners Loktech Group and Meral Property Group. The par…

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Insurance A Hard Market
A Hard Market

Insurance is cyclical; there are hard markets and soft markets, and insurance companies typically make money in two ways: underwriting profit, and investment income. When the market is soft, insurance companies are looking for market share,…

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Q&A Q&A: My Rights Are Up in Smoke
2020 January Q&A: My Rights Are Up in Smoke

Q. The 40-year-old, chain smoking, son of a shareholder lives with his parents and is not allowed to smoke in his apartment or in our co-op. Instead, he loiters directly below my apartment windows, and only below my window, and smokes alm…

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Q&A Q&A: Not the Management We Want
2020 January Q&A: Not the Management We Want

Q. We have a board made up of five members. All five members agreed that switching to new building management was warranted. Research was conducted for seven management companies. Two were selected, and one out of the two was voted on by …

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Management Updating Your Documents
2020 January Updating Your Documents

The governing documents of a housing development—be it a cooperative, condominium, or homeowners association—spell out the rules, regulations, and policies that all unit owners or shareholders are obligated to follow as a condition of their…

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