In an age when many young people have never signed a paper check in their lives, property managers are starting to follow the lead of commercial banks by handling transactions digitally. Just as one example, Concord Management of NY in Hunt…
New York's tabloids have gotten hold of a lawsuit filed by Madonna against her Manhattan co-op board for refusing to allow her children to stay in her unit when she is not occupying the unit herself. For those not familiar with the unique w…
Earlier this month, as reported by Barbara Ross in the Daily News , a condominium board at 400 Central Park West on Manhattan's Upper West Side saw fit to file suit against residents Josefina and Charles Berman, alleging that the woman a…
Take a trip with me across the beautiful Hudson River, to West Orange, New Jersey, where homeowners in a condominium community are currently being billed an average of $30,000 per household to replace faulty siding. As reported by CBS New…
Co-op and condo board members, apartment building owners and managers register now for the The Cooperator’s Expo on Wednedsday, April 13, 2016 ( coopexpo.com ) a one-day free trade show being held at New York Hilton Midtown from 9…
With the bitter chill of winter finally giving way to the thaw, it’s come time again for green things to start shooting up from the ground and make the world a nicer place to live in. It isn’t just the ground where things grow though, over …
As with a first date or job interview, sitting before a cooperative board to plead your case for buying into its community is a daunting prospect. Though the pressure may be high, board interviews tend to be pretty straightforward. But what…
Q. I am presently selling my studio in a cooperative. I have listed the studio on the market since last September 2014. I have used several different real estate brokers to no avail. One salesperson was on board from September 2014 to Sep…
On a consistent basis, a group of elected shareholders or unit owners, for co-ops and condos respectively, meet to conduct the building’s business. This group is known as a Board of Directors (co-ops) or a Board of Managers (condos). The …
Co-ops have several ways which they could explore monetizing untapped potential. These opportunities range from air rights sales, to creating retail components, to selling the entire property outright. When shareholders come together with a…