Tag: new this week

In a final legislative onslaught at the end of his term, former Mayor Eric Adams vetoed 19 City Council bills. With Adams now out of office, the Council voted recently to override 17 of these vetoes—three of which affect co-ops and condos: …

For decades, New York State’s laws governing cooperatives and condominiums have largely remained the same: co‑op boards make decisions about sales and finances behind closed doors, condos run on their own governance, and residents’ rights b…

The question of who can or can’t serve on a co-op or condo board may seem obvious at first; you just have to live in the building and be willing to serve…right?  It might not be quite that simple. As with most questions regarding the funct…

In December of 2025, an amended RPAPL Section 881 went into effect with significant changes that clarify and streamline the process to procure access to adjoining properties to effectuate building repairs or improvements when a neighbor ref…

Winter is well underway, but it's never not a good time to assess your building's cold weather readiness, and to make any needed adustments or repairs to keep things running smoothly (and warmly!) between now and the spring thaw. If your bu…

Drone technology is changing the way we do things in a wide array of fields, from moviemaking to weather reporting. In the real estate business, drones have quickly  become indispensable—particularly when it comes to structural inspections,…

American families are facing a convergence of economic pressures that are redefining what it means to live comfortably. After years of elevated inflation, the cost of essentials, from housing and groceries to transportation and health care,…

We all know that technology is continuously evolving—sometimes faster than the physical and mechanical infrastructure around it. A glaring example of this is intercom systems. They’re standard fare in nearly every apartment building, from t…

On October 23, the Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, released the results of its Primary Mortgage Market Survey ® (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 6.19%. “Mo…

In a decision handed down earlier this fall, a ground-floor commercial tenant in a condo building on Manhattan’s Upper East Side lost its bid to compel the condo association to pay a monthly fee for the alleged damages and disruptions cause…