The goal of any property developer is to sell units, but until that objective is reached they have to assume all the day-to-day responsibilities to ensure smooth operations and continued sales. This requires wearing many hats—manager, boar…
The word community, like many words in the English language, has more than one interpretation. A community can be identified as a geographical location—a physical infrastructure of streets, parks and buildings, defined by tangible brick an…
The Expo, now in its 27th year of providing information and networking to board members, property managers and real estate professionals will return to the New York Hilton on April 8, 2014 from 9 a.m. to 4:30 p.m. Not only is this on…
I am the president of a board of managers where a member of the board is also a realtor. He manages units in the condo and owns two of the units. Just wondering—is this a conflict of interest? —Brokering in Brooklyn “Clearly, there…
I teach real estate licensing and continuing education courses at New York University and Long Island University. My question is with regard to Form 86, co-op sublets. It is my understanding that New York State law allows a tenant named on …
Q For the past few years, the condominium board and management has consistently denied me my bylaw rights to audit and inspect the books of the condominium. What action can I take? —Righteous in Riverdale A “Most condominium byl…
A one-time popular summer resort that attracted the best stars that the cinematic Golden Age of Hollywood had to offer, Far Rockaway has come a long way since its incorporation into New York City in the late 1890s. What is now known …
Few things are worse than stepping out into the January cold and immediately slipping on icy concrete. It’s a tough decision to leave the warm environs of your co-op or condo apartment to go out into the frigid cold. Learning proper deicin…
Most co-op and condo board members are not fully aware of all of the financial risks and liabilities associated with their service. Some may not realize that the management company, the co-op corporation board or homeowner's association is…
As we enter a new year and get ready for the snow and ice to fall, we, of course, look forward to warmer weather. One of the rites of passage to spring is The Cooperator’s annual Co-op & Condo Expo, which is now 27 years and running. …