Local Law 97 applies to buildings over 25,000 square-feet - including co-op and condo communities. In this short clip, learn how LL97 may impact your building, and find out what your board needs to do in order to be in compliance with it. …
Though 'winter' in these days of shifting, warming climate tends to involve more chilly rain and slush than the snowdrifts and icecicles of decades past, multifamily buildings are still on the hook for some seasonal maintenace when the cale…
If you live in a high-rise building (or even a tall walk-up), you know how crucial it is to have safe, reliable, functional elevators. Replacing even one elevator can be very expensive, and the hassle and inconvenience to residents can be e…
While many NYC building owners and managers have committed to reduce energy waste in their properties, promote efficiency, and strive for a greener city and planet, the sweeping nine-bill Climate Mobilization Act passed in May of 2019 and t…
Following on Benjamin Franklin's assertion that “nothing can be said to be certain, except death and taxes,” in New York City, homeowners are feeling a level of un certainty, at least as to the tax part. The city government has proposed …
The most popular amenity by far in apartment communities—whether co-op, condo, or rental—is a gym. Even in small buildings, where space for extras is at a premium, boards look for ways to add a fitness room somewhere, anywhere, they can wed…
Of all the duties - and challenges - a co-op or condo board has to keep track of, insurance likely doesn't rank among the most thrilling; but of course that's no excuse to remain in the dark about changes to coverage-related legislation. In…
Passed last summer, New York’s Housing Stability and Tenant Protection Act (HSTPA) is facing a second lawsuit, reports Real Estate Weekly . The New York State Home and Community Renewal Agency (HCR)/Division of Housing and Community Rene…
Most buildings will have to undergo some kind of exterior or facade-related work at some point in their useful lives - it's inevitable. But sometimes those projects can be noisy, dusty, and disruptive to not just the building being worked o…