New  research  from the National Alliance to End Homelessness (NAEH) shows that chronic homelessness is outpacing other subgroups, driving overall increases in homelessness data. The data shows that since 2016, chronic homelessness has…

AARP is conducting a survey about vital housing options like accessory dwelling units (ADUs) in your community. An ADU is an independent, permanent residential unit, containing a living area, kitchen, and bathroom, built on the same lot…

Construction industry research publisher Construction Coverage just released the 2024 edition of its Home Improvement Spending Report , with some interesting data specific to the New York-Newark-Jersey City metro. Key Findings for the…

Boards and managers in the tristate area and beyond know what a tall order it is to run a co-op, condo, or HOA; from structural maintenance to interpersonal communication and conflict resolution, the skills and strengths that make for effec…

While the economy has largely recovered from the unprecedented uncertainty and instability brought on by the COVID-19 pandemic, the 2024 release of a report on mortgage delinquency rates by U.S. city and state conducted by Construction …

In a market economy, price and value are assumed to be mutually reflective.  Investors expect that their assets - in our case real estate, and specifically co-op and condominium apartment units - not only maintain their value, but experienc…

When buying an apartment, be it a condo or a co-op, among the soundest advice for any purchaser is caveat emptor - buyer beware. In most buildings (especially older ones), it’s inevitable that there will be occasional and sometimes leng…

Just as a ship cannot steer without its captain, a board cannot function effectively without its president. Serving as the administrative head, this volunteer position is vital for ensuring the smooth operation of a condo, co-op, or HOA boa…

Q. My co-op board just voted to require all shareholders to buy homeowners insurance. I’d like to find out if that’s a common thing, but I don’t know who to ask. Thanks!                                 —Can They Do That? A. “Requiring…

Q. One of our condo units that the owner was renting out to a tenant is now in foreclosure. But before the unit went into foreclosure, the owner (who has been missing in action) was behind on the common charges and the condo board was tak…