Undertaking a capital improvement or other major maintenance/repair project can be stressful for boards. Even before the first hammer falls, there may be permits to secure, contract terms to negotiate—particularly insurance and indemnity pr…
As the lending landscape remains challenging for individuals, associations, and co-ops alike, securing funding for major projects or refinancing an underlying mortgage can be even trickier than usual. This presentation will map out the curr…
What is the role of a board president in a shared-interest community? Is he or she more like a CEO, an administrative custodian, or a figurehead? Depending on the community and the needs and expectations of its members, the answer could be …
Watch On Demand! Compliance is a key part of a board's duty in order to maintain building safety, improve energy efficiency, and avoid costly fines and legal penalties. While some larger management firms now have in-house compliance depart…
On Tuesday, November 19 from 10 a.m. to 4:30 p.m., the CooperatorEvents New York Expo returns to the Javits Convention Center in Manhattan, bringing with it all the educational, professional, and practical resources for New York’s multi…
The rising cost of living in New York City impacts nearly everybody. But it’s especially infuriating to realize that one way the city government makes up for lost revenue is by cracking down on residents and property owners. NYC collects ov…
As we enter the final quarter of 2024, the first Local Law 97 (LL97) submission period is quickly approaching for New York’s co-ops and condos, with the first annual emissions reports due in May of 2025. Under LL97, owners of buildings over…
Property owners and managers are no strangers to wearing many hats, but developing a plan for energy reduction and electrification could be unfamiliar territory to even seasoned residential pros. When time and resources are scarce, making…
Having a commercial space on the ground floor of your co-op building can be both a blessing and a curse. On the blessing side, the income generated by such a space can provide much-needed income for a residential cooperative, reducing sha…
According to a recent item published by the National Housing Conference (NHC), Representative Mike Lawler (R-N.Y.) has “announced a new sweeping legislative housing plan that looks to incentivize construction to produce more affordable…