Leaks, Fires, & Construction Damages. Are You and Your Co-op or Condo Ready for the Next Crisis? Smith, Buss & Jacobs LLP

By Cooperator Studio 19 May 2022 Seminars

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Q&A: Mandatory Coverage?

Flood Risk Rises for Condos & Co-ops

How to be Physically & Financially Ready

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Insurance in the Multifamily Setting

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Loss, Insurance, & Claims

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Q&A: Parking Problems

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Protecting Your Condo or Co-op from the Next Major Storm

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News

6/5/2023 Rosenberg & Estis Promotes Five Attorneys—Real Estate Weekly

Rosenberg & Estis, P.C. has promoted five attorneys. Alex M. Estis and Devin P. Kosar were promoted to Members, while Casey E. Delaney, Moshe B. Nachum and Zachary M. Rockoff were promoted to Of Counsel.
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6/5/2023 Meet the new real estate agent-in-training, ChatGPT—Brick Underground

For fans of ChatGPT, you may be able to delegate one more task to artificial intelligence: Scouring real estate listings for you.
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6/5/2023 Is there any chance Good Cause eviction will pass in this legislative session?—Brick Underground

There's just a few days left for New York lawmakers to pass the Good Cause eviction bill, making it increasingly unlikely these major tenant protections will become law this year.
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6/5/2023 Saving For A Rainy Day: How Structural Integrity Reserve Studies Can Protect Condominium Owners—Bisnow

In 2021, the east building of the Champlain Towers in Surfside, Florida, collapsed due to excessive deterioration that was left in disrepair for many years, claiming the lives of nearly 100 people.
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5/31/2023 How does a debt-to-income ratio affect your mortgage rate?—Brick Underground

Your debt-to-income ratio—the total of all your monthly expenses divided by your gross monthly income—is one of several factors that impact your mortgage rate, our experts say.
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5/30/2023 Eric Trump dumped millions of dollars in fees on tenants after condo deal: lawsuit—Raw Story

Eric Trump has been accused of landing residents of New York City's Trump World Tower with millions of dollars in fees following a deal to convert an unoccupied bar into “amenity space," The Villager reported.
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5/30/2023 Only in New York: A Millionaire and a Billionaire Are Fighting Over a Rooftop Extension—Robb Report

It’s not exactly David and Goliath.
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5/30/2023 Jessica Katz to step down as chief housing officer—The Real Deal

The city’s first chief housing officer has announced that she is stepping down after 16 months on the job.
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5/30/2023 Fire victims take steps to try to retrieve belongings at Mona Lisa co-op board meeting—12 News Westchester

Some residents displaced by a fire at a Yonkers housing complex nearly three months ago took steps to potentially allow people to retrieve their personal belongings.
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5/30/2023 City’s first geothermal apartment building tops out in Coney Island—Brooklyn Paper

New York City’s first-ever multifamily geothermal building is one step closer to welcoming tenants to Coney Island.
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5/30/2023 Developers Reveal New Interior Renderings Of The Keller At 150 Barrow Street In West Village, Manhattan—New York YIMBY

Aurora Capital Associates and William Gottlieb Real Estate have shared new interior renderings for The Keller, a seven-story residential building at 150 Barrow Street in Manhattan’s West Village.
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5/30/2023 What sellers need to know about all-cash vs. mortgage-contingent offers in NYC—Brick Underground

Many sellers assume all-cash offers are "safer" than offers that are contingent on mortgage approval, which allow buyers to walk away from the contract and keep their deposit if they fail to get financing.
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5/24/2023 Judge blocks building's construction at Spring Valley condo complex pending lawsuit review—lohud

A lawsuit has stalled attempts to build a commercial building in the shadow of a 61-unit condominium complex on Main Street and Maple Avenue at the edge of the village's downtown.
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5/24/2023 6 cheap or no-cost energy efficiency fixes for your NYC co-op or condo building—Brick Underground

Most co-op and condo buildings have to meet New York City’s new energy emission requirements and make the switch from fossil fuel heating and cooling systems to electric alternatives.
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5/24/2023 Can I get out of a co-op contract without losing my deposit if an assessment is bigger than expected?—Brick Underground

Two weeks after I signed a contract for a co-op in an Upper West Side building, shareholders there were informed about a $900,000 assessment.
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5/23/2023 Making Sense of the 2023 New York City Multifamily Market—Commercial Observer

Michael Tortorici, a Founding Partner at Ariel Property Advisors, originates and executes the sale of commercial real estate transactions throughout New York City’s five boroughs, with a specific focus on Manhattan.
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5/19/2023 Existing-Home Sales Faded 3.4% in April—National Association of Realtors

Existing-home sales decreased in April, according to the National Association of REALTORS®.
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5/15/2023 Manhattan Luxury Home Sales Log Best Week in 12 Months—Mansion Global

Luxury home sales in Manhattan had their strongest week of the year to date in the seven days ending Sunday.
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5/15/2023 4 die after lithium-ion battery sparks weekend fire at Washington Heights apartment—ABC 7 News

Two more people have died after a fire last weekend caused by a lithium-ion battery, bringing the total number of victims to four.
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5/15/2023 Can studying cooperative housing in Sweden teach the U.S. how to overcome the moderate-income family housing crisis?—Shareable

The housing-supply crisis in the United States has most impacted low- to moderate-income households.
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Leaks, Fires, & Construction Damages. Are You and Your Co-op or Condo Ready for the Next Crisis? Smith, Buss & Jacobs LLP

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