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COVID-19 Touchless Technology vs. COVID-19
Touchless Technology vs. COVID-19

During the COVID-19 pandemic, many condos, co-ops and rental buildings in NYC restricted the entry of nannies, dog walkers, housekeepers, outside contractors, etc. to their properties, limiting access to residents and essential building sta…

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Maintenance DOB Announces FISP Amnesty Program
DOB Announces FISP Amnesty Program

The New York City Department of Buildings (DOB) has announced an Amnesty Program for owners of buildings who failed to file a Facade Inspection Safety Program (FISP) report in the 8th Cycle, which ended on February 21, 2020. While most …

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Q&A Q&A: Tenant Obligations During a Foreclosure
2020 July Q&A: Tenant Obligations During a Foreclosure

Q. One of our condo units that the owner was renting out to a tenant is now in foreclosure. But before the unit went into foreclosure, the owner (who has been missing in action) was behind on the common charges and the condo board was tak…

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Q&A Q&A: Cover Your Face or Face a Fine
2020 July Q&A: Cover Your Face or Face a Fine

Q. A few days ago my 80-year-old uncle, who resides at a co-op in Queens, called me to tell me that his co-op board has informed the shareholders that a $1,000 fine will be issued to anyone not wearing a mask or facial covering during the…

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Finance The Price is…Right?
2020 July The Price is…Right?

Even before the COVID-19 crisis hit, the question of where real estate values were going was the elephant lurking in the corner of the room. Some submarkets (like Florida, for example) were strong—and getting stronger. Others (like New York…

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