Q. I have a question as a shareholder. Our Mitchell-Lama development in NYC is taking a needed bank loan to cover major repairs. There was no shareholders meeting or voting on this capital improvement. The board has not yet decided on how…
As the COVID-19 pandemic descended upon the country at the end of last winter, notably taking hold initially and most prominently in New York City’s outer boroughs, which include some of the most diverse ZIP codes in the United States, it q…
Between the tragedy of the Surfside condominium collapse in Florida and the subsequent placement of the association in receivership, as well as the flurry of recent press around popstar Britney Spears’s yearslong struggle against her own fi…
The reality of climate change is upon us. Weather patterns have changed, and seasons have been altered. We experience more intense heat, more frequent, destructive storms, wide-ranging wildfires, and more destructive cold. Tornadoes—the spa…
In the beginning … there was light. And all this time later, we are finally harnessing light’s energy to power our cities, our buildings, and our everyday devices—mostly because all of the energy sources we’ve used until now emit incalculab…
Beautiful new residential buildings are erected every year. As developers make the finishing touches, the walls are closed to conceal elements like piping, wiring, fire suppression systems, and insulation. Unfortunately, awareness of these …
One of the main considerations in selecting an apartment for purchase is whether the unit is in move-in condition or requires renovation. This is not a new question, though perhaps surprisingly, attitudes have shifted in recent years - espe…
Among the many efforts underway to stem the oncoming tide of climate-related catastrophe is the increasing use of electric vehicles (EVs). While gas-powered cars are still the overwhelming majority of vehicles on the roads, EV technology is…
Even before the pandemic, amenities and service previously associated with the hospitality industry had infiltrated the residential property sector. Now, as much of the world has grown accustomed to working remotely, commercial and office e…
NBC News recently reported on a 2019 class-action lawsuit filed by shareholder-tenants of several New York City co-ops that the city took over under the aegis of a controversial program called Third Party Transfer (TPT). The program wa…