Valley Stream is known for being a big village with a small town feel. With a population of nearly 38,000, Valley Stream is one of the largest villages in the state of New York. The incorporated village is located inside the southwest p…
Valley Stream is known for being a big village with a small town feel. With a population of nearly 38,000, Valley Stream is one of the largest villages in the state of New York. The incorporated village is located inside the southwest p…
Mayor Michael R. Bloomberg recently released the New York City Executive Budget for the 2013 fiscal year. While the mayor lauded the $68.7 billion plan as a “balanced budget with no tax increases,” the City Council believes the prelimina…
Next to fire, perhaps nothing is more damaging to residential buildings and their occupants' property then leaks. Whether it’s a torrential deluge from the upstairs neighbor’s overflowing bathtub or a slow, seeping leak around the window…
With interest rates at historic lows, never rising too far above 4% these days, boards are looking at refinancing their co-op's underlying mortgage to build up their reserves as a viable alternative to raising maintenance fees or levyin…
New York City is known for having some of the very best urban opportunities in the world—among the best colleges and schools, museums and libraries, as well as some of the finest parks, the most interesting architecture, the most intrig…
In the typical suburban condo development, one must go to another location to shop— maybe to the mini-mall, or the big box store down the road. But in New York City co-ops and condos, stores are often found on the ground floor—supermark…
For a crystal-clear picture of how a co-op board or condo association is doing, there are few better lenses than the community's budgets and financial reports. From an investment perspective, they show the association board, property m…
Money is a topic some people are skittish about discussing. When you’re a board member or the managing agent of a residential co-op or condo building however, there’s no benefit to skirting financial realities just because they may be di…
Many regular readers of The Cooperator doubtless remember the struggle that ensued in the spring of 2011 when co-op officers and elected officials in Eastern Queens declared a “tax revolt” against the city for huge increases in assessed…
Q “I know you probably get tons of questions—I have combed through your site and am looking for information regarding the rights of shareholders to see books. Our managing agent and board are refusing to allow viewing of anything but mi…