Q. I purchased my co-op four years ago with a master bath that had been remodeled seven or eight years ago by a previous owner. It appears that water/moisture is seeping into the foyer wall on the opposite side of the shower stall and is …
The board of a building or community association has a fiduciary duty to uphold its community’s governing documents, act in good faith, and advance the interests of the community at large. Occasionally, boards fail to carry out this duty – …
There are few things upon which most people agree, but a general dislike for paying more today for something that cost less yesterday is pretty universal. This goes for taxes, consumer goods, healthcare, and of course for monthly maintenanc…
The importance of saving for a rainy day is a lesson we all learn as children. Just like we as individuals should put away a little something for that ‘just-in-case’ moment, co-op corporations and condominium associations must also keep res…
Property managers wear many hats and have job descriptions covering everything from bidding out capital projects to mediating spats between neighbors -- so how do individual managers determine what needs to be done, and when? In this clip, …
The Bronx may not be known as NYC's most glamorous borough, but a drive through the city's northernmost section reveals signs of renewal and development that would've been almost unthinkable just a few years ago. From new apartment construc…
Despite some fits and starts , the process of converting 1,000 rooms at the Waldorf Astoria hotel into 375 condo units is nearly complete – and Chinese developer Anbang announced on June 11 th that it will be launching sales at…
According to a recent report from the New York State Comptroller's Office, high housing costs negatively impact the quality of life for millions of homeowners and renters. In the study titled “ Housing Affordability in New York State …
A company that owns about an acre of land in Elmhurst, Queens had originally eyed a new condominium project to be built on that site. Instead, the company has put up the lot for sale with an asking price of $13.8 million. What hamstrun…
The site of an early 1900s single-family house in Washington Heights will be the future home of a new environmentally-conscious, technologically advanced condo development -- another indication of the latest changes happening to the old ne…