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Management Us Against...Us?
2015 March Us Against...Us?

While the exception rather than the rule, boards can run afoul leading an association into troubled waters. In some cases, certain rules are enforced over others or community funds are simply mishandled. And in other instances, trusted adv…

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Maintenance Spring Cleaning: A Plan
2015 March Spring Cleaning: A Plan

During the winter season, life isn’t exactly a walk in the park for your typical New York City building. Freezing rain and wind beat at the façade relentlessly; snow accumulates on the roof and turns to ice, then thaws and seeps into co-op…

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Exterior Heavy Metal
2015 March Heavy Metal

The Dakota co-op building is one of the most iconic New York City apartment buildings, home to many cultural luminaries, including the late, legendary singer-songwriter John Lennon. But what makes the Dakota—along with many other historic …

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Exterior Caring for Paved Surfaces
2015 March Caring for Paved Surfaces

How solid is the ground on which you walk and drive upon in your community? The answer might surprise you, as could the amount of money that might be seeping from your community’s reserve fund from unnecessary repairs to driveways, parking…

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Interior A Clear View
2015 March A Clear View

Windows can dramatically change any space, from transforming a tiny kitchen into a front row seat to a glorious skyline to morphing a standard upstairs bedroom into a perfect perch for an ocean view. Windows bring vast life and light to an…

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Exterior Understanding Local Law 11
2015 March Understanding Local Law 11

Most board members and managers in New York City’s co-op and condo buildings know the drill when it comes to Local Law 11 inspections, meaning inspections of the exterior walls of buildings in the city that are more than six stories. The l…

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Exterior From the Outside In
2015 March From the Outside In

Brick, stone, steel and glass…the exteriors of New York’s co-op and condo buildings are as recognizable as the skylines they form. Keeping them current and shapely is the responsibility of the boards and managers who oversee each residenti…

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Q&A Q&A: The A-B-C-s of Sponsorship
2015 February Q&A: The A-B-C-s of Sponsorship

We have a co-op building with 47 apartments. The original sponsor (say Owner A) established the co-op long ago. In 2012, he sold his ten apartments to Person B, then B sold them to C in 2013. As per the offering plan, Owner A is a sponsor. …

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Q&A Q&A: I'll Tell Ya Where to Park Your Garage
2015 February Q&A: I'll Tell Ya Where to Park Your Garage

Q At the time, I purchased my 3-room apartment in January, 2014, my proprietary lease indicated that I have 157 shares, and that I have no garage. No other information was provided at the time concerning what was covered by the 157 shares…

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Real Estate Trends Storage Spaces in New York City
2015 February Storage Spaces in New York City

Without a doubt, storage space is a supreme luxury in New York City. With small living spaces selling at high prices abound, unit owners commonly require additional capacity for bikes, out-of-season clothing, suitcases, business files and …

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