In terms of building security, boards today are in a tricky position. They are obliged to protect the residents, their property and offer the same quality of life just as they did prior to the great economic belly flop of the 21st Cent…
Exhibitors for The Cooperator's 23rd Annual Co-op & Condo Expo recently gathered for Exhibitor University, a day-long workshop to teach the benefits of exhibiting in trade shows and making their appearances a success. The stan…
Q “When I purchased my apartment in Brooklyn, noise was a concern of mine. I was told by the sales team and the builders that noise was not a problem. But now with people moving in, I hear closet and kitchen doors closing, people wal…
Q Last year, I bought a brand new condo from a builder in Brooklyn. The disaster started from the first day I moved in. After I remodeled and thought that I could enjoy it, I found that there isn’t any insulation between the walls, f…
Q I own a co-op unit in Jackson Heights, and recently I asked to get a copy of my building’s insurance policy. The board’s management told me that they only give this information out when an owner is buying, selling or refinancing—no…
Q Our co-op has a question about our various insurance policies. Our insurance agent has recommended to the board that we keep our D&O coverage separate from our general liability coverage. I understand that some commercial general l…
Q I am three months behind in my homeowner’s association payments. Can the condominium foreclose on my unit? My mortgage payments are up to date, and I called my lender who said, ‘no, they cannot foreclose.’ What do you say? I wrote a…
According to some sources, the word “tips” is actually an acronym—it’s short for “To Insure Prompt Service,” and the list of people who are commonly tipped—at least in the United States—includes everyone from hair and nail salon workers t…
In the late 1980s, seeking high-growth, low-risk investment opportunities, and with an affinity for brick and mortar, European pension funds began to invest heavily in the American real estate market. So much money poured into the Unite…
No doubt about it, the Big Apple is a pedestrian town: according to the New York City Department of Transportation (DOT), over eight million people tread the city’s approximately 12,750 square miles of sidewalks each day. New …