Over 45 years ago, when New York City was entering a dangerous financial decline that nearly culminated in municipal bankruptcy in 1975, the 421-a tax exemption program was created to incentivize developers to enter into new residential dev…

Conflict comes hand-in-hand with living in close quarters. Such is the nature of condominium and cooperative living. Some dust-ups between neighbors are settled with a polite conversation, or a mild nudge from the condo or co-op board. Othe…

New York City's residential real estate market had a moderate fourth quarter in 2016 to finish a record-breaking year, as the average home sales price (pertaining to co-ops, condominiums, and one-to-three-family dwellings), went up 10 perce…

A comprehensive reserve study is a board's most valuable tool when it comes to planning for major maintenance and replacement projects in their buildings and communities. In this clip, engineering and consulting pros discuss the importance …

Back in 2008 New York City granted a long sought-after and potentially-lucrative cable services franchise to Verizon Wireless for FiOS (fiber optic service). Thus, availability of FiOS to all New York City households was to be completed by …

Last December, DNAinfo published a story about the board of Dayton Beach Park, an affordable housing co-op in Rockaway Beach, that reportedly signed off on the purchase of thousands of dollars' worth of kitchen appliances for two of its…

Q. If a couple is married, but only one of their names appears on the lease, are they both still considered shareholders? Do they both have voting rights?  On a related note, according to the bylaws of my building: “nominations for direc…

Q. My co-op has not had an election of new board members in over 20 years. The president sends a notice of the annual meeting--’come for coffee and donuts’-- but never mentions there is an election due. Now she is holding the annual meeti…

Q. Is ordinance or law insurance required in New York State for co-ops? I am being turned down for refinancing my mortgage because our building does not have this insurance. Is it mandated for co-ops? They have all other required insuranc…

New York is and has always been a city that celebrates reinvention and change, and that storied reputation has attracted generations of tastemakers. Interior design is one of the city’s largest talent pools and taking advantage of this valu…