In 2016, The Cooperator ran a piece on the business of condominium units existing within a larger hotel property. The article was inspired by news that the iconic Waldorf Astoria had been purchased by the Chinese company Anbang Insura…
The new federal tax law and rising mortgage rates were among the factors that contributed to the decline of Manhattan co-op and condo sales year-over-year during the first quarter of 2018, according to the latest report released on Tues…
The daily operations of your condo or co-op could be disrupted or not, depending on what happens after April 20. As reported by Crain's Business New York , negotiations between the city's apartment building owners and labor union …
Q. I have lived in a 72-unit co-op in Brooklyn since 2004. When I was interviewed by the board, I was told the co-op has live-in super who is not allowed to have an additional outside job. This was an important appeal to me, as I felt day…
Q. Say a shareholder spoke to the president and vice president of the board and disclosed his or her health condition. And later on, the president and vice president lost re-election to the board and found out that the shareholder did not…
Q. All lower floors in our co-op are being poisoned by gasoline exhaust fumes, sickening all tenants in the lower floors, endangering the youngsters and seniors in the building, and exacerbating preexisting conditions. In addition, the la…
The last three apartments in your luxury hi-rise condo were sold to a troika of Russian oligarchs, who all paid well above the asking price. But now those oligarchs are on the sanctions list, and have withheld their monthly maintenance fees…
Beyond the obvious concerns of injury and liability from accidents caused by disrepair, sidewalk maintenance is also important when it comes to establishing a good first impression of your building overall. With some basic knowledge of what…
The signs, they are everywhere. They give elegance and style to the names of our buildings and communities. They earn extra income for our buildings with advertisements, and they point out the location of our commercial tenants on the groun…
A residential property could have triple-reinforced titanium steel walls, and it still wouldn’t be worth a darn without a sturdy roof. It’s through the roof and rooftop features that many problematic elements can enter a building, from wind…