he Council of New York City Cooperatives & Condominiums (CNYC) has announced a number of new amendments and changes to city rules and regulations in a notice to members. Effective November 15, 2019 , there are new requirements fo…
The Federal Housing Administration (FHA), which insures mortgages made by private lenders and banks, will ease condo financing regulations to open up homeownership for more first-time buyers, effective October 15, reports Yahoo! Finance.…
Of all the duties of boards and managers, the safety of residents and their property is paramount. One crucial component of maintaining that safety is a fire-prevention plan that's thorough, functional, and up-to-date. In this clip, fire pr…
Say you and your spouse own a single-family home. You’ve got two grown kids and a couple of grandchildren. When the time comes, assuming your will and other end-of-life documents are in order, seeing to it that your property and assets are …
Some lucky New Yorkers can come home from work on a cold winter’s night and warm their feet by a roaring fire while drinking a hot toddy. A working fireplace is a coveted amenity for many, adding a dash of vintage charm to prewar apartments…
Any time you have hundreds or even thousands of people living in close quarters – in a multifamily co-op or condo building, say – certain challenges inevitably will arise. One of the bigger ones is how to maintain the flow of fresh, hygieni…
No matter how well constructed and carefully maintained, no mechanical system lasts forever – and that goes for elevator cabs and equipment just as much as it applies to roofs or boilers. At some point, your building’s vertical transportati…
Between helping the planet and helping your building's bottom line, it pays to be familiar with your energy profile. In this clip, two multifamily energy pros discuss the criteria and process they use to determine an individual community's …
Over the past two decades, New Yorkers have become increasingly used to seeing tall, reflective, glass residential towers rise over the cityscape, even in neighborhoods that have been bastions of the world-class architecture that gives the …
Sometimes, the choice whether to file a claim with your insurer is clear-cut; sometimes it's not. In this clip, two industry pros give tips on when to file, and when to consider other options.