Despite what people mutter about real estate being in a down cycle in other parts of the region, in New York City, people are spending tens of millions on jaw-dropping properties throughout the city, with record-breaking sales being lo…
According to many observers, the worst of the recession is over. We’re now several years out from the collapses and near-collapses of Lehman Brothers, Washington Mutual, Countrywide, Bear Stearns, AIG and other big-name financial firms.…
All you need to know you to efficiently manage and maintain co-op and condo properties in the Greater New York area, you will find at The Cooperator’s annual Co-op & Condo Expo, which is now in its 26th year as the premier event for educ…
Q I recently encountered an unfortunate situation with a co-op apartment sublet, and hope that someone may have some advice. I recently signed a two-year lease to sublet an apartment in a co-op building in Manhattan, with the expectatio…
Q “Recently our association dues went from $166 to $275, and the main reason we were given was that the last board was 'corrupt' and money wasn't being allocated correctly. Another reason we were given was that others in the complex we…
For most New Yorkers, the search for housing is perhaps the least favorite part of the New York experience. If the size is right, the price is wrong; if the price is right, the neighborhood’s wrong. And then there’s that hideous wallpap…
New York's co-ops and condos are both governed by a multitude of laws and rules. For co-ops, the primary governing documents are the bylaws and the proprietary lease. For condos, they are the condominium declaration and, once again, the…
Accountants are a norm for most people around tax time. And then, post-tax season, we rarely think about them. But for co-op and condo owners, this shouldn’t be the case. It’s crucial that large buildings hire an accountant to help with…
Everyone has experienced disorganization at one time or another. Say you have to go somewhere, and you forgot your driver’s license, only to find it in the pocket of another jacket. Or you can’t locate your cell phone because you turned …
Every time someone enters or leaves a building, they travel through at least one of the common areas. Multiply that times the number of units in a building and you can get a rough idea of how much faster these areas may wear out than an…