Subscribe - CooperatorNews New York, The Co-op & Condo Monthly

News

4/15/2021 Real Estate Weekly Leading Ladies 2021—Real Estate Weekly

After one of the most turbulent years in recent history, Real Estate Weekly is proud to introduce its 2021 Leading Ladies of Real Estate.
Read full story

4/15/2021 The Manhattan Condo Market Rebound—Multi-Housing News

Manhattan’s residential market has seen a continued recovery since an initial slump in the early days of the pandemic.
Read full story

4/15/2021 New details for ODA’s curvy condo tower on the Lower East Side—6sqft

In preparation for a spring sales launch, new details and a teaser website for the 12-floor residential building at 208 Delancey Street on the Lower East Side have been revealed.
Read full story

4/13/2021 Family sues over death of war hero crushed in Soho crane accident—New York Post

The family of an Army war hero and father of four who was fatally crushed in a Manhattan crane accident two years ago has filed a wrongful death suit over the incident, new court papers show.
Read full story

4/12/2021 NYC mayoral candidates weigh in on changing unfair property tax system that burdens poor and middle-class neighborhoods—New York Daily News

For years, New York City’s property tax system has come under fire because homeowners in poor and middle-class neighborhoods often pay more than people who own more valuable homes in tonier parts of town.
Read full story

4/12/2021 NYC Co-Op Boards Would Have to Explain Why They Deny Buyers, Under New Bill—The Wall Street Journal

State lawmakers are proposing new rules that would require New York City co-op boards to state why they rejected a potential apartment buyer, seeking to end a longstanding practice that critics say facilitates housing discrimination.
Read full story

4/12/2021 UPDATE: Proposed Taxes on Mezzanine and Preferred Equity Financing and "Pied-à-Terre" Taxes Not Included in Final New York Budget Bill—National Law Review

Late on Wednesday, April 7, the New York State legislature passed the State’s budget for the 2021-22 fiscal year.
Read full story

4/9/2021 Sponsors and Holders of Unsold Shares: Everything Old Is New Again—Law.com

Recent decisions have revived the discussion about rights of sponsors and holders of unsold shares in residential cooperative corporations.
Read full story

4/9/2021 Bronx’s Co-Op City could get $100M for building repairs if HUD approves: Schumer, Bowman—New York Daily News

Co-Op City in The Bronx could free up $100 million for capital improvements and repairs at the decades-old housing development by pursuing a lucrative loan refinancing deal — but the Biden administration first needs to sign off it, according to a couple of New York lawmakers.
Read full story

4/8/2021 Fifth Avenue Co-Op of Philanthropist Jayne Wrightsman Gets $11 Million Price Cut—Mansion Global

The $50-million price tag on the classic Fifth Avenue co-op owned by legendary New York City arts patrons Charles and Jayne Wrightsman has been reduced to $39 million.
Read full story

4/8/2021 Mayoral Candidates Want to Convert a Tundra of Empty Offices, Hotels Into Housing—Commercial Observer

When Gov. Andrew Cuomo ordered offices to effectively shutter as the pandemic bore down last spring, New York City’s work habits changed inexorably and millions of square feet in commercial inventory suddenly sat fallow.
Read full story

4/8/2021 Townhouse vs. condo debate rages as NYC real estate rebounds—New York Post

It’s no secret that New Yorkers love to debate: Uptown or downtown? East Side or West Side? Ess-a-Bagel or Bagel Hole?
Read full story

4/8/2021 200 Amsterdam’s condos are back on the market—The Real Deal

After a year of court battles, the condos at 200 Amsterdam Avenue are back on the market.
Read full story

4/7/2021 Related’s 15 Hudson Yards lands $108M condo inventory loan—The Real Deal

After a rough year for luxury condo sales in Manhattan, Related Companies and Oxford Properties Group sewed up a loan for unsold condos at 15 Hudson Yards earlier this week, records show.
Read full story

4/7/2021 NYC Property Tax Overhaul Fizzles Out Amid Pandemic, Politics—Bloomberg Tax

Almost every year since 1992, the governor of New York has granted a request by New York City’s mayor and City Council to shave property tax bills for a sliver of wealthy residents.
Read full story

3/30/2021 L+M Development Exploring Purchase of Knickerbocker Village—Bowery Boogie

Knickerbocker Village, one of the largest residential complexes in the city, is exploring a possible sale to L+M Development Partners, several tipsters tell us.
Read full story

3/30/2021 NYC Program Offers Up To $40,000 Toward Your Down Payment Or Closing Costs For 1-4 Family Home CoOp Or Condo—EastNewYork.com

Although East New York and Brownsville are not yet seeing home prices in the $2 million range like in Bed-Stuy, the prices are absolutely increasing.
Read full story

3/30/2021 New Requirement For New York Landlords: Reasonable Accommodation Notice For Persons With Disabilities—JD Supra

A change in state law that takes effect this month now requires New York residential landlords to distribute disability accommodation notices to all current tenants by April 1, 2021, and to all new tenants within 30 days of beginning their tenancy.
Read full story

3/25/2021 Property Manager Accused Of Stealing $480,000 From Community In Area—Putnam Daily Voice

A property manager has been accused of stealing nearly half a million dollars from a co-op community in the area.
Read full story

3/25/2021 Should You Rent Out an Empty Apartment as Work-from-Home Space?—Motley Fool

Working from home has been a major culture shift for many people during the pandemic.
Read full story

Show more news

Recent Articles

Q&A: Getting Hassled over Revising My Proprietary Lease

Q&A: Should a Shareholder Pay for a Long-Staying Guest?

Q&A: Proxy Abuse?

Liability, Cost, & Reopening Amenities

Smart Multifamily Landscaping

Newspaper Subscription