According to a recent press release from the National Housing Conference (NHC), the income needed to buy a median-priced home in the United States has doubled since 2019 from $54,200 to $111,000 - and for new homes, the income required has …
Nearly every building and managing agent has either faced a discrimination complaint over a reasonable accommodation request, or will face one eventually - whether over a pet in a no-pets building, the installation of a handicap access ramp…
When it comes to customizable financing options for co-ops, today’s lending landscape is more diverse than ever before. The array of options for structuring an underlying mortgage to meet your community’s unique needs and long-term objectiv…
Hospitality is more than a hashtag – it’s a philosophy of service that cultivates a culture of comfort and trust. In this informative panel discussion, management leaders from 53W53, 432 Park Avenue, The Plaza Condominiums and The Beekman R…
Many co-op and condo boards are exploring solar as a potential source of energy for their buildings. This enlightening conversation will explain how solar works, break down the costs involved—as well as incentive and subsidy programs and fi…
In the ongoing climate of escalated prices and supply delays, this seminar will offer an attorney’s perspective and advice for co-ops and condos regarding general preparedness, potential pitfalls, and financial, operational, construction an…
Even the most capable board can get tripped up around how to exercise its authority to regulate trust and LLC transfers, charging fees for leasing apartments, imposing fines and late fees, requiring residents to carry insurance - even every…
According to an October 27 press release from online housing market tracker ShowingTime, home showing traffic continued its decline in September, according to the latest data from the company’s online Showing Index®. Affordability remains …
As the planet continues to heat up, so does the business of countering climate change. A new product in this fight is the SmartWatt boiler system, designed to transform existing heating infrastructure into an energy platform. It can satisf…
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…