Q My parents are both in their seventies and have begun setting their financial affairs in order. They have put whatever assets they own, such as cars, stocks and bonds, into their family trust in order to simplify their estate and avoi…

Q Our 60-unit, self-managed co-op changed its bylaws about ten years ago to allow parents to sublet from their children and vice versa. The bylaws were changed with the condition that the flip tax would continue with any transfer of the…

Q I live in an older co-op that has eight large roof-terraces from 300 to 500 square feet. We have experienced leaks emanating from these terraces, over the years, to the apartments below. No one is able to use the terraces except the …

A little over four years ago, the Sarbanes-Oxley Act (SOX) was signed into law. The most significant provision was Section 404, which requires corporations to conduct an annual assessment and report on the effectiveness of their internal…

Like so many other neighborhoods and areas of the city, the Glen Oaks Village cooperative in Queens has seen its share of good times and not-so-good times. But from the bleak days of the 1970s and ‘80s, thanks to a conversion, a committe…

Sometime in the future, perhaps, teleporters like those seen on Star Trek will be a reality. Every co-op and condo building will have one—not for purposes of travel, but for storage. Until technology allows us to beam our bins and boxes …

In a vertical city like New York where it’s not uncommon for people to wake up in a mid-rise apartment building before heading to work in a midtown skyscraper, it’s easy to take elevators for granted. Easy, that is, until something goes …

Helping veterans and newcomers alike to become certified accredited realty managers (ARMs), the New York Association of Realty Managers (NYARM) has been perfecting the skills of those in the field with their School of Property Management…

Managing a co-op or condo community is far from an easy job. Six managing agents from some of the city’s top firms recently participated in the continuing series of roundtable discussions hosted by The Cooperator and the Federation of Ne…

The skyline of New York City is unique, if not for the soaring glass, steel, concrete and brick skyscrapers that create caverns in the sky, but for the redwood and cedar water tanks that sit on rooftops and hearken to days gone by. …