A luxurious penthouse condo at One57 that was owned by Nigerian oil tycoon Kola Aluko (who, according to The Daily Beast , reportedly dated supermodel Naomi Campbell, once held a birthday party for actor Leonardo DiCaprio, and rented a y…
The management-board relationship is the bedrock on which every successful condo/co-op/HOA community rests. Learn how to optimize that partnership in your own community by finding out what management pros wish all their boards knew. Communi…
The management-board relationship is the bedrock on which every successful condo/co-op/HOA community rests. Learn how to optimize that partnership in your own community by finding out what management pros wish all their boards knew. Communi…
Self-management definitely has its perks - autonomy and cost-savings being two big ones - but eschewing professional management also has its downsides. In this video, legal professionals discuss how boards that opt to self-manage can steer …
New York City Mayor Bill de Blasio's recent comments about private property rights have raised some eyebrows, both in the media and especially the real estate industry. In an interview with New York Magazine , de Blasio--who is ru…
Given that a condominium or co-op board is charged with representing the interests of a diverse group of homeowners or shareholders, it follows that boards themselves should embody the diversity of their resident population. In New York Cit…
One of the facts of life that apartment dwellers live with -- particularly those in older buildings -- is the window-unit air conditioner. Certainly the upside of having one is that it gets you through the airless, sweaty nights during the …
Q. I live in a co-op in Bayside, Queens. We have not had a board meeting in almost two and-a-half years. I call and get no answer. Also, there is the issue that the president of the board is also the owner-manager of a property management…
Q. I am a duly-elected board member of my New York co-op. I have requested financial information from our co-op's treasurer. Although I have gotten various email responses from the treasurer that 'talk around' the subject and he says he…
Q. My husband is the president of our condo community, and some board positions' terms are ending and are up for vote, but he has another year before his term is up. My question is, can the new members vote to remove the sitting president…