According to the latest analysis from consulting firm Construction Coverage, 2025 is shaping up to be a year of renewed momentum in real estate: despite elevated mortgage rates and home prices, demand is rebounding—and some markets are emer…
Staying on top of NYC’s building compliance deadlines is more important than ever. This year is a critical one for compliance, with major Local Law 97 and 88 deadlines driving significant changes in energy efficiency and sustainability. The…
New findings from the Economic Research Service at the U.S. Department of Agriculture (USDA) identifies U.S. counties expected to face high housing stress in 2025. High housing stress is defined as areas where at least 29% of homes face…
Interpersonal conflicts are inevitable in any Co-op, Condo, or HOA—whether between residents, residents and the board, or residents and management. While it may be tempting to stay out of these disputes, avoiding them can lead to escalating…
In today's hectic, over-scheduled world, it is often a big challenge to get residents to take an interest in the governance and administration of the co-op & condos they call home. However, involved and engaged owners and shareholders are k…
Unless you’re a lending expert, the process of securing funding for major projects or refinancing an underlying mortgage for a multifamily community can be daunting. There’s a lot to know, and the stakes are high. This information-rich pres…
More and more multifamily buildings and HOAs are incorporating solar power into their operations to save money, reduce emissions, and be more resilient, but many still have questions about how to pay for and install solar technology in thei…
When it comes to legislation aimed at improving energy efficiency and reducing carbon and other emissions from multifamily residential buildings, NYC is at the forefront. That’s a good thing—but navigating the city’s complex array of Local …
The 2019 Housing Stability Act caused major delays in collecting co-op arrears, and the COVID pandemic quintupled the problem. With the courts still backlogged and every shareholder entitled to an attorney to represent their interests in th…
On December 23rd, the Fifth Circuit Court of Appeals issued a decision staying the nationwide injunction issued by the U.S. District Court for the Eastern District of Texas earlier this month. This court order reinstates the deadline for f…
One of the most widely felt effects of New York City’s multiple efforts to fight climate change is the shift away from oil- and gas-fired heating plants to electric. These efforts have been, and continue to be, largely successful. One of th…
For some New Yorkers planning their daily errands and activities can be as logistically difficult as mountain climbing. These New Yorkers are, of course, those with disabilities, the elderly or anyone whose mobility has been compromise…
May 1 marks the deadline for an array of compliance reports NYC co-op and condos must submit to the city; Local Laws 97, 84, and 88 reports are all due on May Day. But according to tech-driven property management firm Daisy , the Departm…
In 2025, the first compliance requirements for Local Law 97 will become a fact of life for literally thousands of New York City co-ops and condos, and those who call them home. Local Law 97 is far-reaching legislation aimed at making New Yo…
As 2024 draws to a close, boards and managers should be aware of new legislation which profoundly impacts admissions practices in community associations in New York City. The legislation, popularly known as the Fair Chance for Housing Act,…
In the labyrinth of our legal system, changes to a law can reverberate outward to impact areas not originally intended. Such is the possibility with recent changes—and changes to those changes—to the Corporate Transparency Act (CTA). Hal Co…
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…
For over 20 years now, co-op and condo board members, managers, and the professionals they depend on to keep their buildings running safely and smoothly have made the annual pilgrimage to the CooperatorEvents Expo—and this past March 4 was …
For over 20 years now, co-op and condo board members, managers, and the professionals they depend on to keep their buildings running safely and smoothly have made the annual pilgrimage to the CooperatorEvents Expo—and this past March 4 was …
The 2025 edition of Construction Coverage’s Cities With the Highest Home Price-to-Income Ratios report examines the cities and states where housing affordability has taken the biggest hit. Key Takeaways Home Prices Far Outpace Income…