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If you serve on your board, you already know the job can sometimes feel like a second career. One day you’re drafting the new budget, the next you’re dealing with Local Law inspections, or mediating a conflict between residents. For a volun…
The baseline definition of ‘luxury’ in New York City’s competitive real estate landscape is hazy at best, and constantly shifting. Every new development, no matter how basic, includes the term in its signage and marketing materials, and exi…
A majority of American pet owners report that they regard their pets as family members, right alongside the humans. And just like living in close proximity with other people requires courtesy and consideration for neighbors, so does living …
With seasonal storms becoming both more frequent and more intense in the Northeast, the reality of urban flooding and the damage it causes to people and property is something board-management teams can’t afford to ignore. For those overseei…
Positive cash flow is vital for every co-op and condo community for paying bills and covering operating expenses—which is why boards must take it seriously when a shareholder or unit owner falls into arrears on their maintenance or common c…
Last month, CooperatorNews looked at the report issued by Florida’s Office of Program Policy Analysis and Government Accountability (OPPAGA) over the summer analyzing the implementation of laws passed after the deadly Champlain Towers c…
With Labor Day in the rear view mirror and the Holiday season just around the corner, it’s time to start thinking about weatherizing our lobbies for the upcoming winter snow, slush, and ice. It’s tempting to put off the task of preparing fo…
Two major legislative proposals currently active in the New York State Legislature are causing some debate between housing advocates, buyers, and co-op/condo organizations thanks to their potential impact on buildings’ operational freedom a…
Enacted in January of this year, Local Law 58 marks a significant change in the way co-op transfer applications must be handled in New York City. Prior to the enactment, the approval process was largely dictated by each individual co-ops’ g…
The Atlantic hurricane season runs from June through November, with storm activity intensifying in late summer, peaking around mid-September. And while the National Oceanic and Atmospheric Administration (NOAA) has predicted a calmer-than-u…