Nobody gets into property management thinking it's going to be an easy, totally stress-free career -- on the contrary, many pros get into the field precisely because they enjoy a challenge, and prefer that every day come with a new and diff…
While the average co-op shareholder or condo unit owner doesn't need to have an exhaustive knowledge of their building's governing documents, part of being an active, engaged member of a multifamily community is having at least some familia…
Was your building’s elevator installed before 2009? If so, it will probably require the installation of a door monitoring lock in order to be in compliance with a new regulation passed by the City. New York City adopted the new rule to…
As members of Congress currently debate the issue of climate change down in Washington, New York City is already implementing its own Green New Deal--and the real estate industry will feel its impact On April 18, the City Council pas…
What’s more ‘New York’ than therapy? How many Woody Allen movies feature a scene where Allen’s character is lying on a comfortable couch in an impeccably decorated room overlooking the Hudson as he confesses to his psychotherapist? That sce…
Owners of newer New York City condominiums are facing higher property taxes, as once-beneficial tax abatements are starting to expire. According to a study by StreetEasy , the imminent end of the tax abatements means that not on…
When a resident is, or appears to be struggling with mental health issues, knowing what to do or how to help can be a tough call. In this clip, two industry pros talk about boards' obligations - and limitations - when it comes to navigating…
An initial push to tax expensive second homes in the Big Apple appears to have lost its momentum. Legislation for a pied- à -terre tax, which was o riginally introduced by New York State Senator Brad Hoylman in 2014, would hav…
Living in a co-op, condo or community association can simplify a lot: maintenance issues that keep single-family homeowners up at night aren’t a concern for condo dwellers, and there may even be a door person or concierge to sign for packag…
Most co-op, condo, and HOA boards are made up of honest people who truly want to act in the best interest of their community -- but sometimes bad actors do wind up on boards, and sometimes even whole boards can be corrupt. In this short cli…