According to the latest data from the U.S. Census Bureau, the median annual property tax paid by homeowners was $2,578 in 2019, or 1.03 percent of home value - not a huge percentage on average, but many households pay far more than this bas…
According to an email sent out by the New York City Department of Buildings (DOB) the city’s annual energy efficiency letter grade sign program, which was instituted by 2018’s Local Law 33, officially went into effect on October 1. Goin…
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…
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…
While the initial shock of the COVID-19 pandemic may have stopped much of our normal economic activity in its tracks, the gradual revival of business and commerce is inspiring some new thinking and new solutions for individual unit owners, …
While pockets of disagreement still linger in some quarters, climate change—and the science explaining it—is very real. And while fluctuations in seasonal weather are normal, the general trend toward a hotter planet is clear, evidenced by m…
COVID-19 has caused more far-ranging, persistent anxiety than any other event in recent history. It has affected our jobs, our living situations, and the way we interact with others, and it’s not done with us yet. Scientists and public heal…
Whether you reside in, manage, or serve on the board of a co-op, condo, or HOA, examining your building’s energy efficiency from top to bottom, inside and out, will have enormous implications for individual and communal costs, energy conser…
As is often the case, New York City is at the forefront in promoting legislation aimed at capping building emissions and promoting green living as part of an environmentally conscious future. As part of this effort, a number of laws and ord…