Contained heat and power (CHP) systems are one way for multifamily buildings to reduce both their carbon footprint and their operating costs, but many boards (and residents as well) have concerns about the expense and process of installing …
Picture this: at some point, your parents would like to move out of the co-op or condo apartment in the city that they’ve owned for decades and now want to live out their remaining years at their Columbia County single-family home in upstat…
A conflict appears to be brewing between a local preservation group and New York City’s Department of Buildings over an Upper East Side condo tower project that the latter approved. According to a piece last December in Crain's New Yor…
Market wide, sales prices for co-ops and condos in Manhattan have been rising steadily year-over-year for the fifth consecutive year. That is according to the latest study, 2017 Manhattan Decade Sales Report , released by Douglas El…
You may have to pay to have your garbage collected if a proposed New York City plan goes through. CBS New York reported on Tuesday that the city is exploring a way to get residents to recycle more while also reducing the $1.7 billi…
Q. Whom would I need to contact on behalf of my senior and disabled mother, who owns a co-op in Westchester, regarding private parking and handicapped parking? She received notification from the managing company that she has four business…
Q. I reside in a residential co-op in which the board elected to pass on the capital assessment to its shareholders based on the their respective shares. My question is does the board of directors need to use the outstanding shares or aut…
Q. Can a homeowner who is in a lawsuit with his condo legally be an executive board member of that condo? Wouldn’t that annul his fiduciary duty? The story: One of our homeowners was elected to the board of managers last November; his fe…
Working for any sort of multifamily community–whether it’s a condo, co-op, HOA or rental–requires a certain amount of skill and training. After all, staffers carry out many duties, and often have access to residents’ property and personal i…
One of the most unforgettable events of 2012 was the arrival of Hurricane Sandy, which, according to the National Hurricane Center, resulted in approximately 147 deaths in the U.S., the Caribbean, and Canada, and at least $50 billion in pro…