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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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Management The Evolution of Property Management
2020 January The Evolution of Property Management

Like so many other sectors of the economy, residential real estate management has changed and evolved since the turn of the millennium—and like those other sectors, much of that evolution is directly linked to the development and adoption o…

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Community Living Conflict in Client Communities
Conflict in Client Communities

Of all the skills a good property manager must possess, conflict management is high up on the list. Not just knowing how , but when to step in (or not) is part and parcel of helping boards and residents maintain harmony and quality o…

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Buying & Selling Get Out!
Get Out!

If selling is an art, then real estate agents are in many ways like landscape painters -- in other words, they prefer a vista without human characters. It’s not that they don’t like people; it’s because it’s much easier for a prospectiv…

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Buying & Selling Manhattan Sales Prices Drop
Manhattan Sales Prices Drop

Owners looking to make a killing on their apartments are getting a cold splash of reality, according to a recent report from Marketproof. While sales prices in the NYC market have indeed increased by some 43% since 2006, in many cases, sell…

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Buying & Selling 'Bargain' Condos Selling Well...
'Bargain' Condos Selling Well...

While reports show a citywide trend of sellers scaling back asking prices for co-ops and condo units, AM New York reports that the under-$1 million tier is holding its own, and the $500,000ish market actually seems to be in pretty good …

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Q&A Q&A: Unexplained Repair Fees
2019 December Q&A: Unexplained Repair Fees

Q. My sister lived in Co-Op City in the Bronx. She passed away in July 2017, and I became voluntary executor of her estate. She kept this apartment spotless, and did not make any changes, except adding a light shine-coat to the living roo…

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Q&A Q&A: How to Fire a General Contractor
2019 December Q&A: How to Fire a General Contractor

Q. We want to terminate a contract with a general contractor (GC). We have experienced payment issues with this GC since day one of a project. Every single pay application we send in, they manipulate it without discussing with us, submit …

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