Q&A Portrait of mature men wearing uniform standing indoors and installing new windows in the apartment. Horizontal shot
2021 October Q&A: Windows Need Replacement

Q. I live in a co-op in the Riverdale section of the Bronx. The windows in the entire co-op are in bad need of replacement. We live right off the river and it can be extremely windy and cold. I inquired with management if window replaceme…

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Q&A Home problem, building problem wall cracked need to repair hurry up
2021 October Q&A: Garage Needs Repairs

Q. The floor of our co-op garage is sinking, and needs to be repaired. Not only are sewage pipes below, but so are gas lines. No contractor wants to come here to fix the floor as they are afraid of an explosion. What legal entity do I con…

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Energy Conservation Rooftop patio garden in Germany
2021 October Green Options to Maximize Your Roof

On August 9, 2021, the United Nations Intergovernmental Panel on Climate Change (IPCC) released a scathing report detailing the indisputable impacts that human activity have made on the planet—many of them reaching the point of irreversibil…

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Board Operations Paper people surrounded by hands in gesture of protection. Concept of insurance, social protection and support.
2021 October Protecting Board Members from Claims

In the wake of a tragedy of the size and scope of the recent building collapse in Surfside, Florida, many board members in condos, co-ops, and HOAs have concerns about what liability they may assume in their administrative role. This concer…

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Real Estate Trends The skyline of a city becomes a graph showing increasing home prices. Digital illustration.
2021 October NYC Housing Market Review

The last few years have been something of a rollercoaster ride for New York’s co-op and condo markets. After reaching an historic high in 2016, a number of factors—among them the cap on federal income tax SALT deductions, overbuilding/overs…

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On The Board Flooded vintage interior. 3d concept
2021 October Flood Risk Rises for Condos & Co-ops

The recent flash flooding resulting from Hurricane Ida and other torrential summer storms around the nation has come as something of a wake-up call for homeowners and local governments alike. The real-world effects of climate change are upo…

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On The Board Building Better in Surfside’s Wake
2021 October Building Better in Surfside’s Wake

The tragic partial collapse and subsequent demolition of the Champlain Towers South Condominium in Surfside, Florida, this past June revealed some gaping holes in the structures, governance, and oversight of the country’s multifamily buildi…

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Management The Bidding Process
2021 October The Bidding Process

One truism of home ownership is that there is always something that needs to be fixed or upgraded. That’s true in condo and co-op communities as well, both large and small. There’s always a roof to replace or a boiler to upgrade, or a lobby…

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