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The Slush is Coming

As the leaves change and the weather cools, it’s time to make like the squirrels and start preparing for winter. For shared interest communities, that often means dusting off the winter snow-removal supplies and equipment, from shovels and …

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Refinancing in a High Interest Environment

In addition to death and taxes, fluctuating interest rates are pretty much a guaranteed fact of life. That reality raises a question for many co-ops with low interest underlying permanent mortgages coming due for refinancing: how to recast …

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AARP Seeking Survey Participants

AARP is conducting a survey about vital housing options like accessory dwelling units (ADUs) in your community. An ADU is an independent, permanent residential unit, containing a living area, kitchen, and bathroom, built on the same lot…

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The Trap of Arbitrary Price Floors

In a market economy, price and value are assumed to be mutually reflective.  Investors expect that their assets - in our case real estate, and specifically co-op and condominium apartment units - not only maintain their value, but experienc…

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