Category: Maintenance

1996 Sep Submetering Saves Money By Stacey Cooper

You live alone. You work long hours. When you aren't home, you turn off all the lights and the air conditioning. You do everything you can to conserve energy. Your neighbors, on the other hand, have five kids and are home all the …

Maintenance

1996 Apr Revolutionary Laundry Rooms By Stacey Cooper

Forget the dark, dingy room with uncomfortable chairs and crummy machines. Never mind running down to the laundry room with an armload of clothes to find that all the machines are in use. Those days are over. Imagine a laundry room that i…

Maintenance

CAI Public Policy Report: Condo Safety By Cooper Smith

Following the tragic partial collapse of Champlain Tower South in Surfside, Florida in June 2021, the Community Associations Institute (CAI) convened a trio of task forces to explore laws and best practices for the community association…

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News

10/14/2024 Exclusive: Hugh Jackman Makes Second Attempt to Sell ‘Spectacular’ Triplex Condo for $39 Million—One Year After Shock Divorce - Realtor.com

Hugh Jackman is making a second attempt to sell his $38.9 million “masterpiece” New York City apartment, two years after his first attempt to offload the triplex property failed.
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10/11/2024 Insurance honcho unloads High Line condo for about what he paid - Crain's

A global insurance executive has left the High Line. The three-bedroom at the Zaha Hadid building traded for $7.8 million.
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10/8/2024 Loft for Sale in a New York Building That Featured in ‘The Devil Wears Prada’ - Mansion Global

This grand loft-style condo is in a SoHo building, on Crosby Street in New York, that had a starring role in the 2006 film “The Devil Wears Prada,” serving as the sexy downtown bachelor pad of the fictional designer James Holt.
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10/4/2024 Rudy Giuliani Cuts Nearly $1 Million off His New York Condo - Mansion Global

In a rush to offload his Manhattan home, Rudy Giuliani has dropped the asking price by nearly $1 million. The former New York mayor is at risk of losing the Upper East Side condo, among other assets, to settle a defamation lawsuit filed by two Georgia election workers.
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10/3/2024 Why Owning (and Buying) a Florida Condo Has ‘Turned Into a Nightmare’ - New York Times

Ten years ago, Howard and Sheila Konetz bought themselves a Florida dream: an 1,820-square-foot condo in a leafy gated community north of Miami, complete with access to a country club, tennis courts and swimming pools. The $478,500 purchase would usher them into blissful semiretirement, they thought. With enough cash in the bank, the couple didn’t need a mortgage and downsized from their house in Miami Beach.
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10/2/2024 Food Network chef selling NYC home in iconic building with ‘million-dollar view’ - NY Post

Food Network champ, TV personality and cookbook author Chef Priyanka Naik is listing her Kips Bay home for $1.35 million. The one-bedroom, one-bathroom corner unit is located at VU New York, a new construction luxury building featuring views of the Empire State and the Chrysler Buildings.
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9/27/2024 Warwick Hotels honcho snaps up a condo by Central Park - Crain's

Richard Chiu, who founded the hotel group in 1980 in Midtown, paid $17 million.
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9/26/2024 Reality TV star broker Fredrik Eklund snags $3.35M NYC condo: ‘This will be one of downtown’s ‘it’ buildings’ - NY Post

Reality television star and real-estate broker Fredrik Eklund has purchased a $3.35 million condo at 64 University Place, according to city Department of Finance records filed this week. The under-the-radar, new-construction building comes with 28 units and sold out, off market, sight unseen “pretty immediately,” said Eklund, a top broker with Douglas Elliman.
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9/25/2024 Midtown’s first FHA-eligible luxury condo hits market - Real Deal

The Perrie, Midtown Manhattan's first new-development condo eligible for FHA mortgages, welcomes buyers who can't put 20 percent down.
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9/23/2024 They tried to evict her emotional support parrots. She won $165,000. - Citizen's Voice

For almost 20 years, a group of parrots and their owner lived at the Rutherford, a co-op apartment building in the ritzy Gramercy Park neighborhood of Manhattan. For almost as many years, the neighbors complained.
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9/19/2024 NYC’s waterfront is transforming into luxury leisure space, one park and condo tower at a time - Fast Company

The construction fences recently went down around Domino Square, the final public space to be completed in the $2.5 billion transformation of the Domino Sugar Refinery into an 11-acre mixed-use neighborhood. Designed by Field Operations, Domino Square is a striking, oval-shaped plaza in the Brooklyn neighborhood of South Williamsburg that is surrounded by redbud trees, pin oaks, and two types of pines, plus white and lavender flowers that will eventually cascade down Cor-Ten steel planters.
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9/17/2024 Former hedge fund chief pays $25M for penthouse at new High Line condo - Crain's

Finance exec Robert Shafir, who helped turn around the troubled hedge fund formerly known as Och-Ziff while paving the way for its eventual $720 million sale, has snapped up a penthouse at the Chelsea condo 1 High Line.
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9/16/2024 Mandarin Oriental developers snag loan for unsold condos - Crain's

The Mandarin Oriental residences at 685 Fifth Ave. Developers of the Mandarin Oriental residences on Fifth Avenue secured an inventory loan to help with the cost of unsold luxury condos at the building.
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9/12/2024 Consul general to New York to answer questions over $9M luxury condo purchase - CTV News

After weeks of pressure, Canada’s consul general Tom Clark will testify on Thursday before a House of Commons committee about the purchase of his new official residence in New York that generated a lot of political attention over the summer. It will be the first time Canadians will hear from Clark after reports emerged in July that the federal government had bought a new $9 million piece of luxury real estate for him to live in. The condo is located within the world's thinnest skyscraper on "Billionaire's Row" in Manhattan.
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9/11/2024 NYC pied-à-terre guide: Top condos for buying a second home - 6sqft

Translating from French meaning “foot on the ground,” pied-à-terre is an apartment in New York City used as a secondary residence. It is only occupied part-time and is not the owner’s primary home. These part-time apartments can range from modest studios to luxurious condos, often used by people who regularly visit the city for business or leisure. We take a look at the most popular buildings in NYC for second homes, from newer condos like One High Line in Chelsea and the Ritz-Carlton Residences, New York, NoMad to more established buildings like the Plaza on Central Park South.
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9/10/2024 Mom shot in face, killed in front of son trying to defend husband from robbers in NYC condo building - NY Post

A 57-year-old woman was fatally shot in the face in front of her son while trying to defend her husband from a pair of robbers who followed him into their lower Manhattan condo building Monday night.
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9/9/2024 The Greenwich by Rafael Viñoly, NYC - E-Architect

We take a look inside The Greenwich by Rafael Viñoly, which is one of the acclaimed architect’s final projects in NYC. The 88-story tower features 272 residences and over 27,000 square feet of sky-high amenities.
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9/6/2024 Ex-election workers want Rudy Giuliani's apartment, Yankees rings in push to collect $148M judgment - ABC News

Two former Georgia election workers who won a $148 million defamation judgment against Rudy Giuliani asked a court Friday to award them the cash-strapped former New York City mayor’s apartment and other property as they ramp up efforts to collect on the staggering debt.
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9/5/2024 Northwind Lends $63M For 13-Story NYC Condo Project - Law360

Northwind Group supported the development of a 13-story, 54-unit Manhattan, New York, residential condominium project with a $63 million senior secured construction loan, the real estate private equity firm announced Wednesday. The condominium project is located in the borough's Gramercy Park neighborhood at 305 First Ave., and it's currently estimated to be finished in 2026, according to Northwind.
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9/4/2024 Tenant with three emotional-support parrots scores $165K in NYC co-op battle after she was kicked out over birds - NY Post

A bird-brained Gramercy Park co-op board that evicted a resident over her three emotional-service parrots has to shell out the whopping amount to her — and buy her pad at an above-market rate, according to federal prosecutors.
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