Although the position offers little compensation apart from the satisfaction of a job well done, building board members are still in charge of running a business—a business with revenues, expenses, and assets. Regardless of the size of the …
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Although the position offers little compensation apart from the satisfaction of a job well done, building board members are still in charge of running a business—a business with revenues, expenses, and assets. Regardless of the size of the …
When it comes to issues of design and aesthetics, New York is the epicenter of all things style. That is certainly the case when it comes to architecture and perhaps most importantly, interior design. For co-op and condo buildings, style…
As prices for co-op and condo apartments in Manhattan continue to climb, and wealthy buyers continue to clamor for the next word in luxury real estate, one subset of house-hunters has set their sights on something different. They want on…
In the past, choices for wall decorations were simple—paint, wallpaper or paneling (like the infamous paneled dens of the 1970s.) Once you made a selection, you simply narrowed the options down from several available colors or patterns a…
In architecture, floor plans or designs have always been crucial in mapping out how a structure is put together. Even in ancient Egypt, primitive drawings have been found to suggest that builders have been relying on floor plans for mill…
To many people, the elevator isn’t just a device to get you up or down. Wood paneling, exotic woods, carpets, mirrors, chandeliers, brass operating panels—that’s what you’ll see when you go into many elevators in high-end buildings. …
“Beauty is in the eye of the beholder.” “There’s no accounting for taste.” “One man’s trash is another man’s treasure.” While these age-old adages generally hold true, when it comes to working with design committees in co-op and condo sp…
I have lived in a co-op for the past three years. I am planning on having my boyfriend move in with me in a few months. Are there any rules or regulations that will prevent that from happening within my co-op? —Subleasing Sh…
Our board has unilaterally determined that a “majority” of residents want an exercise room. And the board, in spite of this, continues to spend our money to pursue the project despite our requests to “cease and desist” and hold a general m…
Q Does a co-op board have any involvement in an individual building shareholder securing a reverse mortgage? —Curious Shareholder A “Yes—a board of directors of a cooperative apartment corporation is involved wh…