There has been a recent push by federal, state and local legislators to get reverse mortgages or Home Equity Conversion Mortgages (HECM) approved for New York cooperatives. The federal Department of Housing and Urban Development (…
You may think there's nothing new in the world of insurance, but these pros at The Cooperator Expo New York beg to differ. Take a moment and get the scoop on some innovative insurance options that could be useful to your community.
Pokémon Go has taken America by storm. But if you're perhaps one of the few people who haven't heard yet about the popular video game app that has been in the news recently, here's a refresher: Pokémon Go lets smartphone users explore…
Everyone who plays a role in designing and building or maintaining and operating cooperatives and condominiums, from architects and construction contractors to developers and owners, property managers and board members, is well familiar wit…
These days, pretty much everyone has a smart phone, which means they have a computer in their hands all day, every day. That makes it difficult to take true vacation days, to 'unplug' on the weekend, and to “leave work at work.” Our work li…
Mayor Bill de Blasio, Council Speaker Melissa Mark-Viverito and members of the City Council reached an historic agreement for an on-time and balanced New York City budget for Fiscal Year 2017, marking completion of the earliest budget deal …
While it's pretty much impossible for a co-op or condo board or employee to commit fraud on the scale of a Bernie Madoff or any one of the herd of shysters who have tromped through the news in recent years, building boards and managers cert…
The majority of co-op and condo residents pay their monthly maintenance fees on time and in full with no problem. The recent recession, however, changed the picture drastically for residents who found themselves laid off, under-employed, or…
The first of the month rolls around and it’s time to pay the bills that keep your building operational. Repairs might need to be made, staff salaries paid, maintenance done to keep all the common elements running, and supplies reordered. Th…
A hotel is often viewed as simply a weigh station; a temporary rest stop for the active wanderer. Thus there has always been something fascinating about those who take up permanent residence therein, whether they be Tennessee Williams, Bob …