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Finance Real Estate Tax Abatement Update
1997 Nov Real Estate Tax Abatement Update

In June 1996 the New York State legislature addressed the long-acknowledged inequity in real estate taxation between co-ops and condos and single-family homes when it passed a bill authorizing tax abatements for eligible New York City own…

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Buying & Selling Your Real Estate Broker
1997 Nov Your Real Estate Broker

You've been working with a real estate broker and finallyafter seeing a dizzying array of apart- mentsyou've narrowed down your search to two beautiful co-ops in two very different but equally fabulous neighborhoods. You and your husband …

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Maintenance Capital Improvement Projects
1997 Nov Capital Improvement Projects

It doesn't matter what type of building you live in or where it is located, eventually it will need some capital improvements. Unfortunately, there's more to it than deciding that the work has to be done and finding a contractor to do the…

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Shareholder Relations Your Rights and Obligations
1997 Oct Your Rights and Obligations

Your roof terrace leaked and the neighbor below you sued for damages. Do you have any recourse? The heating system in your apartment failed to work and the managing agent sent you the bill for its repair. Do you have to pay? You bought a …

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Law & Legislation Board Denials on the Rise
1997 Oct Board Denials on the Rise

As the resale value and demand for cooperative apartments increase and the supply of available units decreases, purchasers are facing denials for admission to co-op buildings in record number. There was a time when many co-op boards concl…

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Design Authenticity Fetches Big Bucks
1997 Oct Authenticity Fetches Big Bucks

Real estate brokers are familiar with the scenario: An excited buyer enters a spacious apartment in a building located at a desirable address. Despite the fact that she's been warned by the broker that the interior has been modernized, the …

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Design Combining Apartments
1997 Oct Combining Apartments

Have you and your family outgrown your apartment? If so, it is time to find a space large enough for everyone to be spread out in. A three-bedroom apartment would be ideal; but, unfortunately, few are available and prices are escalating rap…

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Finance Buyers Checklist
1997 Oct Buyers Checklist

For most people, buying a home is the biggest investment they will ever make. But in order to make sure it doesn't become the biggest mistake they ever make, home buyers should do their homework before making a purchase. Following is an e…

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Buying & Selling Commercial Tenants
1997 Oct Commercial Tenants

If you're shopping for a new co-op or condo, it's a good idea to get a sense of who your neighbors would be before you make a decision to buy. The wrong neighbors could lower the value of your real estate investment and, if you're sublett…

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Maintenance Security Do's & Don'ts
1997 Oct Security Do's & Don'ts

Following is a list of security do's and don'ts for both doorman and non-doorman buildings. Of course the first line of defense, according to many security companies, is to use your common sense. Resident Guidelines 1. Never let str…

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