While prices for both resales and newly-built condos and co-ops in Manhattan have seen a decline of as much as 30% as a result of the disruptions caused by the COVID-19 pandemic, prices for units in Brooklyn and Queens seem to be holding th…

On September 25, as part of New York City’s Recovery Agenda, Mayor de Blasio announced that the City’s popular Open Restaurants program, which was launched in June and has since enrolled more than 10,300 establishments, will be extended…

The Cooperator Events Presents a Virtual Town Hall: Remote Control - Managing Meetings, Elections & Shareholder Anxiety During COVID. Sponsored by Smith Buss Jacobs LLP. Tuesday October 6, 2020 at 2:00PM EST WATCH ON DEMAND Countless co-…

Since the onset of COVID-19, millions of Amercians have been spending significantly more time at home. According to data from the Census Bureau, the typical American family spends about $2,850 per year - or about 22 percent of total housi…

The Greenpoint Post reports that the New York City Council passed a bill on September 16 requiring the Department of Buildings (DOB) to study the safety and feasibility of using aerial drones for building facade inspections.   Under th…

A famous scene in a 1980s Woody Allen film features two real estate agents trudging toward each other from opposite directions in the desert. Both appear battered, their clothes frayed, their hair and beards unkempt. When they meet, one ask…

As we’ve reported in previous articles, special assessments are not the only tool condo associations and HOAs have to finance common area improvements and major repairs when needed; there are also loans available in the marketplace to help …

Now that the official ‘pause’ on construction has been lifted, more and more construction projects stopped by the onset of the pandemic will be starting - or finishing up. Possibly complicating this shift is the fact that there is a new rou…

As condo associations and co-ops across the nation (and the world) contend with establishing reopening procedures and monitoring protocols for their existing amenities after COVID-related shutdowns, buildings that are still in development  …

The Real Deal reports that Sush Torgalkar is leaving his role as CEO of Extell Development not even two years after coming on board from Westbrook Partners. It is the latest in a series of high-level departures from the prolific New Y…