A penthouse at 565 Broome Street in SoHo has entered into contract at $40.5 million, the biggest luxury residential transaction in New York City for the week of July 30-August 5, according to Olshan Realty's most recent market report . I…
Q. I live in a Riverdale cooperative. One of my fellow shareholders received a notice at the beginning of January from our management company saying her monthly carrying charge would be increased beginning the next month. There was no exp…
The board of a condominium, cooperative, or homeowners’ association literally exists to serve, and to represent residents’ best interests in the day-to-day business of the association. The relationship between the owner/shareholder and the …
One of the unique things that sets co-op, condo and HOA living apart from living in a single-family home, or even a rental, is the buyer’s choice to live in a community-within-a-community. By purchasing a unit in a particular building or de…
There’s an old adage that ‘insurance is for pessimists’ – but that’s very much not the case. In the world of home ownership, and especially in shared communities, proper insurance is a critical factor in protecting not only your most import…
Insurance can seem like a mundane administrative afterthought – right up to the moment you need coverage. In a community association, just because a responsible board handles the lion’s share of maintaining the policy covering common areas …
Unless you own an oil well, energy conservation is a win-win proposition; making more efficient use of energy both reduces one's impact on the environment, and saves money. In this short clip, three energy experts weigh in on which methods …
When it comes to two people buying a home together, the traditional assumption is that they’re either in a romantic relationship, married, or related. But the definition of relationships has evolved with the times. Not all people marry, and…
Much ink and angst have been spilled over the issue of noise, whether it comes from a neighboring apartment or building; the sounds that keep one up at night, or unable to work during the day. But while sound is arguably the most likely off…
If you are currently looking to buy a home in New York City, 2018 might be the year to do it . According to a recent article posted on StreetEasy , the number of Big Apple homes listed for sale increased to a record high in th…