Residents who do not pay their common charges and maintenance are a significant issue for co-op and condo communities—today more than ever. The pandemic and now inflation have created financial pressures on many residents. The lack of predi…
If your co-op or condo is considering a major capital project, it's never too early for your board to begin planning, familiarizing itself with current lending guidelines, and thinking about how the community's reserve funds will be repleni…
Passed in 2019, The Climate Mobilization Act (CMA) is an ambitious legislative package that puts emissions limits on New York City’s large commercial and residential buildings. In addition to these limits, which are codified in Local La…
The Real Deal reports that developer Barnet Liberman has been sued for failure to pay common charges in the building he co-developed and in which he owns (or just lives in, depending who you ask—see below) the penthouse. Along with a part…
On May 10, 32BJ SEIU and Laborers’ Local 79 rallied at City Hall in support of the One45 Harlem development project and spotlighted the project’s workforce housing proposal that will bring family-sustaining union jobs to Harlem. The rally c…
Every co-op in New York City has its own personality and ‘vibe,’ depending on its age, neighborhood, resident demographics, and board engagement - but one thing that’s consistent across just about every co-op community are the typically str…
The continuing war in Ukraine and the accompanying sanctions imposed by the US, EU, and their allies reach into our own backyard. Many Russian oligarchs own luxury apartments and other real estate in New York and elsewhere in the United Sta…
The Cooperator Events Presents a Virtual Town Hall: Making Solar Work for Your Building - Cost Savings, Economic Incentives, Local Law Compliance, & Cleaner, Greener Energy. Sponsored by Best Energy Power Tuesday March 15, 2022 at 11:…
Certain cooperatives (co-ops) and condominiums (condos) that wish to be eligible for the co-op and condo property tax abatement are in a mad dash to submit the newly required prevailing wage affidavit . Which Communities Must Submit th…
If you live in, work in, or provide services for a co-op, condo, or HOA, you know that however harmonious a building or association is in general, there is always that one person—or perhaps more than one—who throws a wrench in the works. It…