Historically, co-op buildings have had the market cornered on board-mandated restrictions, strict bylaws, and procedural red tape, while condos have been more black-and-white: co-op shareholders own shares, and condo owners own real estate.…
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Historically, co-op buildings have had the market cornered on board-mandated restrictions, strict bylaws, and procedural red tape, while condos have been more black-and-white: co-op shareholders own shares, and condo owners own real estate.…
As part of a New York City Housing Development Corporation (HDC) project, Maple Plaza in East Harlem was constructed in the late 1990s in hopes that the building would help anchor redevelopment efforts in the neighborhood. The eight-story, …
Several years ago, the only television shows on buying and selling real estate were late-night or Sunday morning agonizing, yet tantalizing, infomercials touting get-rich-quick products. These shows taught viewers that by simply buying t…
For decades, the most desirable residential buildings were those with visible security systems, liveried door staffs, concierges, elevator operators, keyless locks, state-of-the-art intercom systems and video cameras. Over the course of the…
With annual meeting season upon us lots of shareholders contemplate leaving the sidelines behind to join the ruling class. Before you decide to cross over, be forewarned that the grass isn't always greener on the other side. To help you mak…
On May 5, 2005, Mayor Michael R. Bloomberg proposed a $49.7 billion budget plan for Fiscal Year 2006 that closes a once $4 billion budget gap and continues to invest in education, housing, human services, public safety and economic developm…
February 21, 2005 signaled the commencement of the sixth cycle of New York City's façade inspection laws: Local Laws 10 (1980) and 11 (1998), now referred to collectively as Local Law 11. It has been a full quarter-century since New …
In a city as densely populated as New York City, government agencies such as the Department of Sanitation of New York (DSNY) have their work cut out for them when it comes to strategically managing the 365-day-a-year task of picking up the …
The past year has seen a lot of changes in the codes governing New York City's buildings, both inside and out. Rules covering lead paint, carbon monoxide detection, and construction permits have been introduced or revised, and it's up to bo…