The realities of a depressed real estate market have finally settled upon New York City. We’ve seen a significant drop in sale prices over just the past few months. This has been coupled with a rapid increase in inventory levels as unit…
Mechanic’s liens are one of the topics I am most often consulted about. This is especially true at the present time with the state of the economy. It is not that the economy brings new kinds of issues, there are just a lot more of the …
You’ve been notified of a cardiac (or other) medical emergency in your co-op or condo building. Someone has called 911, someone else is administering cardio-pulmonary resuscitation (CPR) and someone else is bringing the automatic extern…
Ever since “Romeo and Juliet” made them famous, balconies have been popular additions to our homes and living spaces. For co-op and condo communities, balconies can add an extra perk, a few more feet of living space that allow us to enj…
The mortgage crisis has been felt throughout the country, and markets and individuals alike have moved from denial and bargaining to acceptance of the recession and its attendant challenges. And while New York City’s co-op and condo mar…
Oh how we love our pets! From common household pets—dogs, cats, birds and fish to even rodents and reptiles, Americans looks to their pets as a source of companionship and entertainment. Studies show that pet owners have lower …
It’s such a simple idea—covering your roof with plants—that it’s no surprise people have been doing it for millennia. From the hanging gardens of ancient Babylon to the terraced farmsteads of the Andes, working greenery into everyday ar…
For a building to run in accordance with the law and to deliver its owners and tenants the rights they deserve, good management is crucial. Most co-ops and condos hire a management company to provide the guidance they require; manageme…
Everyone is feeling the crunch of the ongoing recession and as building communities look for ways to raise revenue without adding to their residents’ current financial worries with large assessments, flip taxes are becoming a hot topic.…
Bad economic news is pretty much inescapable these days. You can’t turn on the TV without hearing about another round of layoffs or plummeting consumer confidence. The stock market is a roller coaster, retirement funds are shedding valu…