Q. For more than 30 years, my condominium building has had a resident-managed fund that collects cash gifts for the staff at holiday time. This has worked very well and was always 100 percent independent of the condominium board and the m…
Q. I live in a Housing Development Fund Corporation (HDFC) building in the Bronx. My building has no meetings or elections, and shareholders are not informed of our financial status at all. The treasurer’s son has taken complete control a…
Say you and your spouse own a single-family home. You’ve got two grown kids and a couple of grandchildren. When the time comes, assuming your will and other end-of-life documents are in order, seeing to it that your property and assets are …
Some lucky New Yorkers can come home from work on a cold winter’s night and warm their feet by a roaring fire while drinking a hot toddy. A working fireplace is a coveted amenity for many, adding a dash of vintage charm to prewar apartments…
Any time you have hundreds or even thousands of people living in close quarters – in a multifamily co-op or condo building, say – certain challenges inevitably will arise. One of the bigger ones is how to maintain the flow of fresh, hygieni…
No matter how well constructed and carefully maintained, no mechanical system lasts forever – and that goes for elevator cabs and equipment just as much as it applies to roofs or boilers. At some point, your building’s vertical transportati…
Between helping the planet and helping your building's bottom line, it pays to be familiar with your energy profile. In this clip, two multifamily energy pros discuss the criteria and process they use to determine an individual community's …
Bloomberg Quint reports that another blow may be heading toward the high-end real estate market, in the form of a revived effort by state lawmakers to impose a tax on second-home purchases of $5 million or more. This tax follow…
Over the past two decades, New Yorkers have become increasingly used to seeing tall, reflective, glass residential towers rise over the cityscape, even in neighborhoods that have been bastions of the world-class architecture that gives the …
According to Real Estate Weekly , an Upper East Side co-op recently scored legal victory over a litigious shareholder. The co-op, at 12-14 East 64th Street, was granted nearly $400,000 in legal fees in a case that stemmed from flood dama…