Is a co-op or condo owner, protecting your building's financial stability is of paramount importance in maintaining the value of your investment and your quality of life. As stories of mismanagement and fraud continue to come to light, bo…

The electronic age has reached the New York real estate market, bringing new ways of buying and selling apartments. Instead of spending weekends and evenings visiting real estate brokers and traipsing through neighborhoods looking for the…

It comes roaring down from the Catskill Mountains, from the pristine hills of Delaware County and from the open spaces of Westchester. As it barrels its way through enormous tunnels over 100 miles long, into a maze of pipelines a century …

tarting in the mid '70s and continuing through the latter part of the '80s, New York City was engulfed in the co- oping craze. As prices spiralled upward, owners of residential property were cashing in by converting buildings from rentals…

One of life's most basic necessities is to have a roof over one's head. In an apartment building,while the roof may be a dozen stories above your home, it is still one of the most fundamental parts of the building. If the roof is not proper…

Looking for some interesting reading while you're doing the wash? You might want to take a look at your property's laundry service contract; specifically, the controversial clause known as the right of first refusal. If your contract con…

Construction began in mid August, in the midst of the sweltering heat of New York City. A miracle was taking place at the United Nations Plaza; a miracle that was completed in 12 short weeks. Walls were being knocked down, electrical wire…

The co-op and condo community has been shocked by recent disclosures concerning inappropriate and/or illegal activities by real estate managing agents, their employees and the various industries selling supplies and materials to co-ops and …

Trust. It's a word often heard when board members and shareholders of Big Six, a 982-unit co-op complex in Woodside, Queens, talk about their former managing agent, Richard Stone, and what they think went wrong. Essentially, they say, we…

Local Law 10 of 1980 was enacted shortly after a piece of terra cotta masonry fell from the facade of an Upper West Side building and killed a passing college student. The New York City Council, in an effort to minimize the chances of …