On October 22, several hundred hurricane evacuees descended on Brooklyn’s New York City College of Technology. The school had been temporarily converted into an evacuation center, where refugees were screened before being sent to shelter…
Time was when New Yorkers rarely thought twice about disasters except when they watched movies such as “Airport,” “Earthquake,” “War of the Worlds” and “King Kong.” Then came 9/11, and people suddenly had to take the threat of …
The far west side of Manhattan has been a flurry of activity and speculation in the last couple of years thanks to the debate over the development of the Hudson Rail Yards and a new stadium for the New York Jets. In a scenario that h…
Q. I am a shareholder and current member of the board of directors running for reelection. At the elections, we did not have a quorum, and the other members decided to keep the elections open for a month. So the ballots were given to mana…
Q. I am a shareholder and current member of the board of directors running for reelection. At the elections, we did not have a quorum, and the other members decided to keep the elections open for a month. So the ballots were given to mana…
According to an item featured this week on TopTenRealEstateDeals.com , the former home of legendary actress Greta Garbo is back on the market. Regarded as one of the great actresses of all time, Swedish-born Garbo got her start in si…
It appears that a federal program aimed at assisting low- and moderate income shareholders in Mitchell-Lama and other subsidized co-op properties through a New York State agency is coming back to complicate, rather than simplify, residents’…
As New York City’s real estate market navigates its emergence from COVID-19 torpor, the question at the forefront of many industry professionals, apartment owners, and owner-wannabees’ minds is how the sales process - normally a very person…
Even before the pandemic, amenities and service previously associated with the hospitality industry had infiltrated the residential property sector. Now, as much of the world has grown accustomed to working remotely, commercial and office e…
On a tree-lined block on Lower Manhattan’s west side recently dubbed Hudson Square, a trio of brick walk-ups at 47-49 King Street contains 13 co-op units that rarely come to market. Currently listed is “a particularly rare find,” according …
Westchester County lawmakers recently passed additional rules for its Co-op Disclosure Law, which itself dates back to 2018. The law originally gave co-op corporations and their representatives 60 days to determine whether a purchase applic…
Have you ever wondered about those charming street-level unit entrances you see in many prewar apartment buildings? The ones often surrounded by flowering shrubbery, or with a decorative portico? They’re called maisonettes - French for ‘lit…
A recent report from appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate shows a burgeoning interest in buying co-op apartments on the cheaper end of the Manhattan spectrum (‘cheap’ being a very relative term, of course).…
Q. I am a shareholder and current member of the board of directors running for reelection in my co-op. At the meeting prior to the election, myself and the attorney for the co-op were engaged in a verbal dispute. The attorney became very …
Q. I signed a contract at the end of November 2020. There was an increase in the maintenance in February 2021, so it’s likely they got notice of this in December. Unfortunately I wasn’t given notice of this $55 increase per month until th…
Q. I signed a contract at the end of November 2021. There was an increase in the maintenance in February 2022, so it’s likely they got notice of this in December. Unfortunately I wasn’t given notice of this $55 increase per month until th…
Glass façades are for many the epitome of contemporary urban architecture and design. Sleek, clean, and modern, they give the impression of an Emerald City of the future, rising above the bricks and mortar of yesterday’s Gotham. Yet with th…
Q. I have lived in a Mitchell-Lama co-op in Brooklyn for 43 years. The company is taking a vote on whether to privatize or not. I am personally in favor of privatizing. I am currently on disability, and am unemployed but looking for work.…
For many unit owners, there comes a moment when they realize their space needs have changed. For whatever reason, the “perfect” space they chose and invested in years ago no longer works. Maybe their family has grown, and the apartment is s…
Q. My brother passed away in August of last year. He was a cooperator at Rochdale Village, in Jamaica, New York. When we went to sit down with management, we were informed that the deposit my brother put down in 1992 is all that can be ex…