Sidewalk sheds are a frequent sight—and frequently a point of contention—across all five boroughs. Put up to facilitate facade inspections and repairs, they often remain in place for months (or even years), accumulating trash and other debr…
In New York City, Local Law 11, aka the Facade Inspection & Safety Program (FISP) requires that all buildings over six stories tall undergo a facade inspection every five years. Cycle 10 commenced on February 21, 2025, and will run through …
With construction costs rising and a dense framework of municipal mandates to navigate, the fiduciary duty of co-op and condo boards has evolved over the last few decades from general oversight to a complex exercise in long-term financial p…
The deadly 2021 condominium collapse in Surfside, Florida was a wake-up call for boards, regulators, and residents alike—the tragedy caused the deaths of 98 people and exposed deficiencies in structural integrity, regulatory oversight, and …
Today’s real estate market is a challenging one for buyers. While home prices have relaxed since their peak in the COVID-19 pandemic, the typical cost of a home in the U.S. has risen by more than 23% from early 2020 through the end of 2025.…
In a joint press conference on April 22, the Federal Housing Finance Agency (FHFA) and the U.S. Department of Housing and Urban Development (HUD) announced that their respective underwriting software will begin allowing VantageScore 4.0…
Over the past decade, corporate consolidation has become a fact of life across multiple industries—so much so that when the trend heats up in a new sector, we barely notice it anymore. Airlines merge; banks get bigger and bigger by swallowi…
According to a new study on behalf of Construction Coverage, a publication providing data and insight on housing costs, construction, and market dynamics, America’s housing market has entered a period of recalibration after the frenzy of re…
On Friday, April 17, three days before the April 20 expiry of its current contract, the bargaining committee for 32BJ SEIU, the union representing 34,000 residential building service workers in New York City reached a tentative agreement wi…
Everything has its season, goes the old saying—and that’s especially true when it comes to design jobs and common area upgrades in shared-interest communities. Planning and executing these projects takes time, and often the weather, tempera…