Commercial umbrella coverage is an essential protection from big liability claims against your building—but insurance markets have grown increasingly volatile in the last two years, and there are fewer programs offering adequate protection …

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…

Residents who do not pay their common charges and maintenance are a significant issue for co-op and condo communities—today more than ever. The pandemic and now inflation have created financial pressures on many residents. The lack of predi…

If your co-op or condo is considering a major capital project, it's never too early for your board to begin planning, familiarizing itself with current lending guidelines, and thinking about how the community's reserve funds will be repleni…

As both a writer about and resident of high-rise residential buildings, I followed the June 2021 collapse of the Champlain Towers South condominium with a hawk’s eye. I read about the people who perished and the loved ones left to carry on;…

Passed in 2019, The Climate Mobilization Act (CMA) is an ambitious legislative package that puts emissions limits on New York City’s large commercial and residential buildings. In addition to these limits, which are codified in Local La…

Deadlines for benchmarking reporting for all apartment buildings - co-ops, condos, and rentals alike - has been postponed from May 1, 2022, to May 31, 2022. The postponement gives building and property owners more time to accumulate and org…

The Real Deal reports that developer Barnet Liberman has been sued for failure to pay common charges in the building he co-developed and in which he owns (or just lives in, depending who you ask—see below) the penthouse. Along with a part…

On May 10, 32BJ SEIU and Laborers’ Local 79 rallied at City Hall in support of the One45 Harlem development project and spotlighted the project’s workforce housing proposal that will bring family-sustaining union jobs to Harlem. The rally c…

Hoarding Disorder - the compulsive need to collect and keep possessions, animals, or even trash - is estimated to affect as much as five percent of the population. In New York City where neighbors share walls, a hoarding resident often beco…