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Q&A Head shot portrait stressed millennial mixed race woman reading paper with bad news. Frowning female employee irritated by dismissal notice. Unhappy young lady disagree with false information.
2022 November Q&A: Appropriate Assessments?

Q. In addition to our monthly $942 common charges, the board of our condominium complex has been collecting an additional $257 assessment each month since August 2018 in anticipation of future repair work, and to replenish our underfunded…

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2022 November Q&A: Buyer’s Remorse

Q. I signed a contract at the end of November 2021. There was an increase in the maintenance in February 2022, so it’s likely they got notice of this in December. Unfortunately I wasn’t given notice of this $55 increase per month until th…

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Real Estate Trends Variety of sweet macaroons. Fir branches on a gray background. Merry Christmas card. New year mood.
2022 November Multifamily Holiday Celebrations

It’s that time of the year again—the Halloween candy is long gone, Thanksgiving turkeys are being ordered, and Christmas, Hanukkah, Kwanzaa, and New Year’s Eve are all approaching, complete with sparkly lights and ornaments, as well as a pa…

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Building Operations Better Board Involvement
2022 November Better Board Involvement

Even among otherwise conscientious, community-minded condo, HOA, and co-op residents, the idea of running for and serving on their board often ranks somewhere between taxes and dental work on their list of things to look forward to. It conj…

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2022 November Greener Cleaning

In recent years, concern over accelerating climate change has put increasing emphasis on ‘going green.’ This broad trend encompasses everything from what we eat to what we wear, to how we build our homes, and how we clean them. With the glo…

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Building Operations Real estate agent looks at the houses through a magnifying glass - Searching new home concept with colorful houses
2022 November Building Systems Inspections

Real estate lore has its share of stories about merciless, if not downright unscrupulous, city inspectors popping in on unaware building owners, conducting unscheduled examinations of all types, and sometimes even demanding payoffs in excha…

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Management A man raising a red flag high in the air with the word strike on it.
Workers Strike at Ultra-Luxe Tribeca Condo

On October 18, workers at 108 Leonard Street, a 166-unit luxury condo in the Tribeca section of Manhattan, went on strike to protest a number of alleged unfair labor practices at the condominium developed by Elad Group. According to an anno…

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Energy Conservation Cloud and co2 symbol with down arrow for greenhouse gas pollution reduction symbol on dark stone wall background
Local Law 97 Rules Unveiled

The New York City Department of Buildings (DOB) recently published proposed rules for implementing Local Law 97 (LL97), landmark legislation initially passed in 2019 aimed at limiting the city’s carbon emissions. These limits are the center…

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