Patch.com reports that a recent study by the Real Estate Board of New York (REBNY) concluded that 2020 was a slow year for construction in the city—hitting the lowest point since 2012, according to the report.  With shutdowns and economic …

When the State of New York passed the Housing Stability and Tenant Protection Act (HSTPA) in June 2019, legislators may not have envisioned that the law would have repercussions for co-op and condo owners - but in fact it did just that. T…

Leaks are a common problem in multifamily buildings, including co-ops and condominiums. It’s not unusual to see watermarks and dampness on plaster near or below interior widows, but since such infiltration usually stems from an issue on the…

One of the noted changes wrought by the COVID-19 pandemic in the New York metropolitan area is the accelerated movement of city dwellers to less crowded suburban - and sometimes even rural - areas to escape the elevated risk of infection in…

When purchasing a residence in a condominium, homeowners association or a co-op, you by default agree to reside in a community association. You live in relatively close proximity to your neighbors and equally share the right to utilize comm…

Of all the shared amenities common to co-ops and condos, what’s more representative of gracious New York apartment living than the grand lobby? Think of how often movie depictions of New York life feature these rarified spaces, complete wit…

Following the January 20 inauguration of President Joe Biden and Vice President Kamala Harris, Real Estate Board of New York (REBNY) President James Whelan released the following statement:   “New York and our entire nation continue to fa…

According to a January 11 legal alert from the New York-based law firm of Tarter Krinsky & Drogin LLP, it may be possible for employers - presumably including cooperative corporations, condo associations, and HOAs - to require their employe…

According to a January 7 policy update from New York City housing advocacy organization Care For the Homeless (CFH), the fast-approaching expiry of eviction moratoriums in New York and across the country will not only spell disaster for tho…

The arrival of the coronavirus pandemic in New York City last spring led many owners with the ability to do so to leave the city; some permanently, but many more just temporarily. These individuals decamped to second homes upstate, or in th…