Category: Building Operations

Two new laws recently went into effect in New York City that regulate the collection, storage, and disclosure of information that can identify an individual “biometrically”—that is, by way of their fingerprints, retinal or iris scan, facial…

For many, the topic of insurance can be a bit overwhelming. Even the terms we use as insurance purchasers differ substantially from the terms industry professionals use when discussing and settling claims - which can leave laymen feeling li…

In light of the catastrophic, deadly condo building collapse in Surfside, Florida last month, boards and residents in multifamily buildings across the country are taking a hard look at how their own properties measure up to the structural m…

On Thursday, October 28, 2021 , thousands of board members, managers, building owners, and co-op and condo residents will gather at the New York Hilton Midtown from 9:00 a.m. to 4:30 p.m. for the return of the in-person CooperatorEvent…

Water infiltration in multifamily buildings has always been an issue of grave concern; leaks can lead to everything from unsightly stains to mold growth to crumbling infrastructure, and can mean hundreds of thousands spent on repairs and re…

One year-plus into the largest public health crisis in a century, CooperatorNews spoke to real estate professionals across the geographic regions we cover to learn the effects that the COVID-19 pandemic has had on their specific areas. What…

Like so many other communities throughout the United States, New York City remains segregated in many respects—racially, economically, and socially—but even so, the city has achieved a level of housing integration despite the systemic force…

The vast majority of co-op and condominium boards are well intentioned and work diligently with their management and accountants to draft and monitor their annual budgets—and recalibrate them as necessary. Despite their best efforts to keep…

“It looks like a photo from a magazine!” is the exclamation many a manager, broker, potential buyer and board president have made upon stepping into an otherwise generic lobby and seeing a new, eye-popping floral arrangement brightening up …

In a world where the cost of services and goods are generally rising, even in the absence of any substantive inflation, co-op and condominium boards and management are always looking for ways to hold the line on increasing monthly costs.  T…