Do you remember when you were a kid and the closest thing you had to a cell phone at the time was two cups with a string attached between them? You pulled the string taut, spoke into one cup, and hoped your friend holding the other would he…
While some co-op and condo communities have tried social media platforms like Facebook, Instagram, TikTok, or Twitter as ways to build community spirit and facilitate better communication between neighbors, management, and even the board, m…
Every co-op in New York City has its own personality and ‘vibe,’ depending on its age, neighborhood, resident demographics, and board engagement - but one thing that’s consistent across just about every co-op community are the typically str…
As spring arrives and the COVID pandemic (hopefully) continues to wane in NYC, life feels like it’s beginning to return to some semblance of normal - including in the real estate industry. One sure sign is the return of the open house, long…
CooperatorEvents New York Expo returns to the New York Hilton Midtown on Wednesday, May 11, 2022, from 9:00 a.m. to 4:30 p.m. - register for FREE at www.coopexpo.com ! We have an exciting lineup of exhibitors eager to interact in person,…
Local Law 126, which mandates the periodic inspection of parking facilities for structural soundness and safety, was passed in 2021 and went into effect in January of this year. The law requires that parking structures be inspected every si…
Even two years into the COVID-19 pandemic, Americans are finding that buying a home remains challenging. A growing work-from-home economy, fueled by households with newfound financial liquidity, has boosted the nation’s demand for homes. Me…
The hard work of on-site employees - supers, resident managers, doormen, concierges, and handymen - is the fuel that New York’s apartment buildings run on. To a great extent, these employees are represented by Service Employees Internationa…
Q. Our annual shareholder meeting is to be held each April (per our bylaws). However, when COVID started in March 2020, our 2020 annual meeting was canceled and we have not had one since. The last meeting was held in April 2019. When I’v…
Q. In this time of COVID and depressed Manhattan co-op sales, sellers have been willing to accept bids way lower than a board would allow. If a seller and buyer agree to enter into a contract of sale for an acceptable (to the board) selli…