According to a new report on multifamily housing in the United States, 41.4% of new housing units authorized across the country as a whole in 2022 were multifamily, marking the highest level since 1985. The report, commissioned by cons…

Amid roiling national and international political upheaval, the prohibitive cost of housing for all but the wealthiest homebuyers in nearly every US market remains a cause for great concern. In an October 15 statement, National Housing Conf…

Whether you’re a manager or a board member, running a co-op, condo, or HOA has never been an easy job. There’s always a capital project to fund, a contractor to hire, a dispute to resolve, a leak to repair...the list can feel endless.    …

Faced with continued record low inventory, both home sales and pending contracts in markets north of New York City experienced declines in the third quarter, according to the Houlihan Lawrence Westchester-Putnam-Dutchess Q3 Market Report …

The New York City Department of Buildings (DOB) has enacted a new rule relating to façade maintenance and safety - this one directed at parapet walls. The parapet is a low protective wall along the edge of a roof, bridge, or balcony. The ne…

Almost as if by coincidence, given last week’s historic rains and flooding, New York State has recently passed two laws that provide some answers for homeowners and renters affected by the intense weather event. The first, Section 231-B of …

Q. Is it illegal for a cooperative board to decide not to hold an annual shareholder meeting? If a cooperative board does not meet, what rights is a shareholder entitled to?    —Shareholder Waiting for the Meeting A. Margery N. Weinst…

It takes a small army of professionals—everyone from on-site handymen to licensed professional tradespeople and engineers—to maintain multifamily buildings, both large and small. The question is, who does what, and when? Everyone likes to s…

Living in close quarters can—and often does—lead to conflict. In co-op, condo, and HOA communities, conflict can occur between residents, or between a resident and the board. And to complicate matters, a seemingly isolated conflict between …

Multifamily communities are governed by laws that range from local ordinances to federal housing statutes. Not only is there a long list of codes, deadlines, inspections, filings, and regulations to follow, but these important items and dat…