Hoboken is a city of about one square mile sandwiched between the Holland and Lincoln Tunnels. Once the butt of urban renewal jokes ("Hey, if it’s Hoboken, don’t fix it!"), the city has enjoyed a renaissance in the last quarter century as i…
Since 9/11, terrorism has become a palpable new threat against the lives and property of American citizens. Not only has our peace of mind been compromised, but the attack on the WTC has affected lives in other, less obvious ways. Cons…
By their nature, co-ops and condos are about ownership, common interests and camaraderie. They are also predicated upon the sharing of costs–both of the day-to-day maintenance of the property, as well as periodic capital expenditures. As wi…
The prevailing economic climate has given rise to concerns for us all, especially co-op and condo boards currently in the process of budget preparation. The natural course of action would seem to be to review past budget-related decisions a…
As the future of the economy remains questionable, the matter of your building’s finances begs the question: Should your co-op or condo board reexamine how you invest your reserve fund? No doubt, this has already crossed your mind, but even…
Service Employees International Union (SEIU) Local 32BJ is a coalition of 70,000 doormen, superintendents, concierges, porters, cleaning personnel and maintenance workers in New York City and its surroundings. Founded in 1934, the union is …
New York is an expensive town–on that point there can be little debate. Regardless of your means, sometimes it can feel as though everybody from the waitress at your favorite coffee shop to the person who sacks your groceries is trying to g…
The side of your residential building is a windowless plane of painted brick that stands ten stories higher than the adjacent co-op, clearly visible from the well-trafficked Queensboro Bridge. The side of the building has deteriorated a bit…
When Irwin Cohen, president of Manhattan’s A. Michael Tyler Realty came on board in 1997 to manage a ten-unit co-op on the Upper East Side, the building was on the verge of bankruptcy. In addition to depleting their reserve fund to pay for …
Jersey City knows something about bouncing back. With property values rising, a steady influx of retail stores, trendy restaurants and the arrival of some of the corporate world’s heaviest heavyweights, Jersey City has become a magnet for f…