Most people don’t usually think of New York City for its ample greenery. Crowds, traffic, and tall buildings--there’s a reason why it’s usually referred to as a “concrete jungle”. While the Big Apple has its lovely parks, including the most…
Brooklyn’s residential co-op and condominium market ended last year positively, sustaining the market’s expansion, although with a slowdown in closed transactions, according to Corcoran’s recent 4Q 2017 report . “Closed sales...took a…
One of the key selling points about New York City living is convenience. To have everything you may ever need a few blocks or subway stops or a delivery away is such a privilege as to offset the Big Apple's exorbitant real estate prices, at…
The day-to-day operation of a residential condo or co-op can certainly be a handful for its board of trusted volunteers. But not to add insult to injury, communal living doesn't happen in a vacuum, and there are likely to be outside activit…
Condo fever continues to spread across New York real estate, replacing any available land with shiny towers. Now that the most obvious places for construction have been exhausted, developers are increasingly turning to smaller co-ops to buy…
Manhattan’s residential co-op and condominium market ended last year on a more stable note than it did in 2016 despite some signs of trouble, according to Corcoran’s fourth quarter 2017 report . “Three of the past four quarters regist…
Editor’s Note: The web article published on 7/14/16 “Give Me a J-51” by John Zurz on legislation sponsored by State Sen. Tony Avella and Assemblyman Edward Braunstein on the J-51 tax abatement program, has been corrected to clarify tha…
Co-op and condo living is subject to lots of rules—some of which come directly from state laws, some from the building or association’s own bylaws, and some from its house rules. Every state has statutes that govern the operation of residen…
The main takeaways that describe the Brooklyn and Queens residential market in the first quarter of 2018 were record-setting prices and slow sales, according to Douglas Elliman's most recent 1Q 2018 report. For Brooklyn condos, the ave…
Even amid a slowdown in the Manhattan real estate market, co-op sales in that borough performed well in the fourth quarter of 2018 compared to condos, according to a new report by Douglas Elliman released today. The brokerage…
After a strong January and February, real estate demand in New York City - particularly in Manhattan, Brooklyn, and parts of Queens - is seeing a surge as we enter the spring months. According to Mansion Global , new signed contracts f…
As they have for nearly two decades, crowds of managers, board members, co-op/condo residents, building owners, and multifamily service providers of all stripes converged on New York Hilton Midtown on April 11th for the spring edition of Th…
Residential sales prices for Brooklyn and Queens during the second quarter of 2017 set records over the same period a year ago, reflecting strong activity in those boroughs, according to Douglas Elliman in a new report released today. …
From the far West Side to the Lower East Side to Downtown, scaffolds are being raised and new residences are being built all over Manhattan. Just a few years ago, new construction of these types would have been scoffed at. Now the times the…
For over 20 years now, The CooperatorEvents New York Expo has been the most useful, informative annual trade event for co-op and condo board members, property managers, apartment building owners, and anyone involved in the governance an…
Back in September, Governor Cuomo signed into law a bill passed by the New York State legislature meant to make public knowledge the actual owners of one-to-four family homes purchased under the guise of LLC’s, limited liability corporation…
Tenants and landlords don’t always see eye to eye. Disputes arise because one party isn’t living up to their agreement, and not everything can be solved with a phone call or cordial email. That’s where the Housing Part of the Civil Court of…
A group of New York City Council members, led by Ydanis Rodriguez of the 10th District, recently re-submitted legislation that aims to give small business owners more agency when renegotiating the leases for their commercial spaces. Var…
Long Island City became the talk of the town late last year after it was marked as one of two likely locations for a new Amazon headquarters. After much uproar from residents worried that such a massive project would rapidly gentrify th…
In reports released last month, Douglas Elliman noted a decline in number of sales in all three markets, with some reduction in sales and listing prices as inventories continue to rise. Jonathan Miller of Miller Samuel Inc. and author of th…