Could your building use a facelift? Have you contemplated better-fitting windows, new carpet or an updated elevator, but the board's answer was always "There's not enough cash." From renovation and moving fees to renting out roof or basemen…
Professional residential management is a service industry, and some service providers perform better than others. To evaluate how your property's management measures up, it's necessary to assess both how the company functions as a whole …
Looking for a luxury condo with breathtaking views of the Hudson River? Want to buy a home loaded with amenities that's within walking distance of Lincoln Center and other Upper West Side hot spots? You're in luck. In October, the 15th floo…
Last summer, a financially beleaguered 47-unit cooperative at 30 West 90th Street in Manhattan made news when it converted to condominium status. That was not the first time a co-op converted to condo. A Teaneck, New Jersey co-op underwent …
After 20 years in an English Tudor in Westchester's Pelham, Bobbi and Warner Burke decided it was time to "wake up in the heart of Manhattan. We wanted chaos, color and vibrancy where we lived," says Bobbi. Without any leads for brokers,…
Your co-op or condo is your home but it's also a business with vendors, contractors and a board of directors that sets guidelines affecting everyone. As in any business, there exists the potential for theft and fraud. While there are no …
The best-run co-ops and condos regularly update their house rules document, providing essential information to residents, the board and the professionals who work with the building, on everything from payment of arrears to installation of w…
Cost of living increases can be felt everywhere, from the theatre to the supermarket to the gas station. So it may come as a surprise to many co-op and condo residents that one place you don't have to expect an increase is in your monthly m…
You've planned carefully so that you'll be ready to close on the apartment you're selling just as you take possession of the apartment you're buying. Even though the new place isn't yours yet, you've already begun renovating and decorating …
Since it's a common belief that the best way to get something done is to give it to a busy person, it's often the busiest shareholders and unit owners that are elected to serve on the board. How do they find the time to add yet another resp…