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…

If you own, manage or maintain any New York State private or public property that has had a moisture intrusion event, mold growth, resident/occupant complaint, or a due diligence request you need to know if this law applies to you.  On Janu…

Many times I have looked at a repair bill or troubleshooting project and said to myself, “there had to have been a more effective and less expensive way to have found this out or to have accomplished the same results.” Look for Ways to Sav…

This neighborhood has been known as various names throughout its storied history from Clinton and Hell’s Kitchen to Midtown West. It was once a rough-and-tumble area and soon it will be transformed into a mecca of residential and commercial…

Drones. Everyone has heard of them. No one is sure what to make of them. Are they destined to be the scourge of the skies? Or are they simply a brilliant convenience that will allow regular folks to complete everyday tasks from the comfort …

Though the real estate crisis didn't rattle New York City to nearly the degree that it did other markets around the country, construction still stalled on many new developments during the recent recession. It’s not only location or the newe…

The U.S. Treasury Department announced in January that it will begin to track illicit cash purchases of luxury condos in New York and Miami. In New York, the new regulations will apply to cash transactions of $3 million or more. The federal…