Co-ops have to be vigilant and address defaults due to nonpayment, objectionable conduct, illegal sublets, bank foreclosures and below market resales, and shareholders declaring bankruptcy. Some proprietary leases and bylaws appear to give …

New York, my old home state, presently litigates all co-op and condo disputes. Litigation, however, continually proves to be an expensive and time-consuming endeavor. Perhaps it’s time for New York to consider compulsory mediation-arbitrati…

As we enter the 21st Century, issues of equality continue to be a problem in the United States. As such, government has created a complex set of laws to protect people from discrimination, but the problem has still not gone away. The respon…

Daniel J. Wollman, chief executive officer and managing director of Gumley-Haft Real Estate, is not the executive one would expect to see as head of one of Manhattan’s premier residential real estate management firms. Casually dressed and s…

There’s almost nothing that sounds more luxurious to potential co-op and condo buyers than an on-site swimming pool. Apartment prices are often higher in buildings with pools because they are viewed as a fun and relaxing amenity. However, m…

It’s Spring, as the saying goes, and a young man’s fancy turns to love. Your co-op board, while they may be romantics at heart, smell Spring and their minds go to landscape maintenance. The landscaping of a property is the first thing visit…

Last month, the New York Association of Realty Managers (NYARM) hosted a seminar on a somewhat new phenomenon known as "NORCs." Short for "Naturally Occuring Retirement Communities," the acronym has come to mean much to many seniors through…

Lighting is much more than a device that enables us to see. Proper lighting defines space and creates atmosphere, essentially setting the mood and tone of an area. When designing a space, where does lighting come into play? According to Reb…

There are two major aspects to any renovation project in a co-op–one is getting approval from the co-op board, the other is getting approval from the Building Department. Getting only one approval is not enough. In other words, just because…

The lobby of the SoHo building where Stephen DeCordova, an actor, owns a co-op is almost too small to be noticed. A tiny vestibule leads to a narrow hallway where you’ll find the stairs and elevator. Four years ago, this entryway was dark a…