Q. I have outdoor space that is accessed by a door from my unit and with steps leading down to an outdoor patio and garden. There are two floors above where the unit owners or occupants have window air conditioners that drip onto my steps…
Q. I live in a senior cooperative with 102 units. Occasionally we have quality of life issues. For instance, someone has been opening a window (even in the cold, cold winter!) and blasting music out, sweeping balcony debris onto the commo…
Americans are a particularly litigious lot, believing as many of us do that we are endowed with the inalienable right to life, liberty…and the pursuit of recompense for any slight or wrong done to us, real or perceived. This tendency is unf…
Even though 2022 started off with a backlog of court proceedings and legislative sessions after months of COVID closures and related scheduling issues, a number of cases and bills of interest to the multifamily housing community have gone t…
For the first time in decades, serious inflation has reared its ugly head. Costs for nearly everything—including the goods and services needed to operate and maintain multifamily properties—are up an average of 10 percent. Some sectors, par…
According to an item featured this week on TopTenRealEstateDeals.com , the former home of legendary actress Greta Garbo is back on the market. Regarded as one of the great actresses of all time, Swedish-born Garbo got her start in si…
In an ideal world, every New York City building owner, manager, condominium association, and co-op board issued a Safe with a Repair and Maintenance Program (SWARMP) notice for exterior defects during their previous Facade Inspection and Sa…
Last week we looked at the trend toward rebranding existing residential properties, the reasons why a co-op or condo community might decide to rebrand, and the potential effect of such a decision on property marketability and value. This we…
The World Property Journal reports that the costs to comply with regulations imposed by all levels of government account for an average of 40.6% of multifamily development costs nationally. The National Association of Home Builders (…
Amid the pressure of an overheated real estate market and possible looming recession, some co-op and condo properties are looking to stand out in today’s landscape. One strategy some are embracing is rebranding; casting a new light on who t…