In the aftermath of the World Trade Center attacks, much has been said about the massive recovery effort and the grievous loss of life. While work crews continue to toil around the clock to recover and clean up, a lesser crisis has been pla…

In the wake of the World Trade Center attack, many boards are re-assessing their building’s security needs and taking steps to insure that their residents and residents’ property are well looked-after. Clearly, a building’s most valuable co…

Here in New York, where real estate values have risen to unprecedented levels, limited equity co-ops created under the Mitchell-Lama program are presented with the choice of either embracing their own dizzying market value by removing the r…

When your board hires a professional, you’re looking for someone they can trust to do good work on behalf of your building. This goal is doubly important when it comes to hiring and interacting with a lawyer for your co-op or condo building…

Anyone who’s lived in a co-op or condo building for a number of years usually has at least a passing understanding of what happens when their building’s lobby needs repainting, or when the board meets to decide what style of new wainscoting…

Most co-op and condo dwellers are well aware of the responsibilities held and services provided by their building’s top-tier contractors–otherwise known as the managing agent, the accountant and the attorney. Working as a team, this group o…

1st Rochdale Cooperative Group Ltd. was created in 1997 when a group of New York City housing cooperatives realized that deregulation of the Federal and State electric utility industry might cause their energy costs to skyrocket. Forced int…

The well-known business guru Peter Drucker once said, "Long-range planning does not deal with future decisions, but with the future of present decisions." This is the basic philosophy professional financial planners use in guiding their …

If someone were to tell you that as a New York co-op or condominium owner you may be throwing away up to $1,000 a year on unnecessary taxes, you’d probably be pretty indignant, right? No matter who you are or what you do, a thousand bucks i…

For the last decade or so, Washington Heights has remained a well-kept secret. A narrow stretch of Upper Manhattan crowned by the picturesque Hudson Heights neighborhood, it is home to many transplanted down-towners, among others. The area,…