Having an in-house laundry room in your building is a boon to your residents - but before you bring in a company to build out a laundry room, or hire a new company to manage an existing one, it pays to ask a few pointed questions. In this s…

Emergency preparedness--especially for possible violent attacks at home, work and in public spaces--was the theme of a Manhattan symposium hosted last month by property management firm FirstService Residential and aimed at property managers…

What’s more ‘New York’ than therapy? How many Woody Allen movies feature a scene where Allen’s character is lying on a comfortable couch in an impeccably decorated room overlooking the Hudson as he confesses to his psychotherapist? That sce…

Owners of newer New York City condominiums are facing higher property taxes, as once-beneficial tax abatements are starting to expire. According to a study by StreetEasy , the imminent end of the tax abatements means that not on…

When a resident is, or appears to be struggling with mental health issues, knowing what to do or how to help can be a tough call. In this clip, two industry pros talk about boards' obligations - and limitations - when it comes to navigating…

Upgrading an elevator is one of the most potentially disruptive - and expensive - projects a co-op or condo can undertake. Many hours of deliberation by boards after extensive consultation with managers and elevator consultants are required…

An initial push to  tax expensive second homes in the Big Apple appears to have lost its momentum. Legislation for a pied- à -terre tax, which was o riginally introduced by New York State Senator Brad Hoylman in 2014, would hav…

Those who purchased luxury condos at the freshly-minted Hudson Yards development on Manhattan's far West Side won't have to travel far to check out cultural events; they can experience the arts literally within walking distance from the…

Q. I have an upstairs co-op shareholder who hosts four grandchildren every weekend, and allows them to run, jump, stomp, and roughhouse late into the evening from the time they arrive on Friday until they leave on Sunday around 9:00 pm. A…

Q. My fiancé and I share a co-op, and we are not getting along. I want out, but he doesn’t. The co-op is in both our names. So what would happen? Do we have to sell and vacate? Truth be told, he no longer wants to be with me. I want to se…