On January 9, shortly before the end of his second and final term, President Barack Obama sent a directive to the Department of Housing and Urban Development (HUD), ordering a reduction in FHA mortgage insurance premiums by a quarter of…
Valentine's Day is rapidly approaching and love is in the air. Another thing that is also in the air is rampant consumerism, the barely-hidden reason for the holiday. And this means gifts upon gifts being delivered en masse to condominium a…
For those who work in and follow New York City real estate, architecture and design, last weekend's “City of Tomorrow” event at Manhattan's 92Y must have felt like one-stop shopping for information. Consisting of a variety of discussions, t…
Nobody enjoys litigation; it's expensive, time-consuming, and acrimonious. There are ways to avoid the courtroom however, and in this clip, legal pros explain their role in alternative dispute resolution (ADR) proceedings in the context of …
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…