Category: On The Board

 Many times, cooperatives and condominiums have commercial retail spaces  connected to or below their building. These are immensely valuable as a result of the income generated by these stores  and restaurants. Ergo, the importance of a ne…

 One of the biggest issues in the real estate industry over the past year has  been the speculation that government-sponsored mortgage programs Fannie Mae and  Freddie Mac will be ending. For the past 70 years, Fannie Mae and Freddie Mac  …

 In today’s legislative world, housing is a big item. Rent-payers, condo owners, co-op  shareholders, and developers all have their particular interests—and they don’t necessarily mesh. In the meantime, the ongoing recession threatens all …

 Every co-op, condo and HOA community is different—each has its own distinctive character, attitude, and expectations. The same is  obviously true for the individual people who manage these communities and help  them run their day-to-day b…

 With smart-phones dominating the cellular market, people now have Internet  access anywhere and everywhere they go. While shopping and “googling” are leading reasons to use the Internet, the rise of social media has changed  the way in wh…

 A friend of a property manager of a New York co-op recently remarked that “Superman has finally met his match” when a task came in that seemed to have the effect of kryptonite and slowed him  down—for a moment at least.    With man…

 Budgeting is never easy, not for a family of four and certainly not for a co-op  or condo community of hundreds or thousands of residents. That fact is made all  the more difficult by the lingering effects of the recession, which continue…

 The holidays are behind us, and the long haul toward spring is underway. Along  with the usual springtime showers and flowers, of course, comes The Cooperator’s annual Co-op & Condo Expo. The Expo is quietly taking shape as this spring’s …

 The last few years have been stressful and uncertain for many in the real estate  game—developers have had to adjust projections and expectations for certain projects.  Likewise, sellers and brokers have had to acclimate to a market that,…

As a construction attorney I can say that it is rare that a change is made in the law which revolutionizes the design industry. Up until now, the laws in the State of New York only allowed architectural and engineering firms to be owned…