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…
(Photo courtesy of nARCHITECTS) Carmel Place, New York City’s first all-micro-unit building, will open in March at 335 East 27th Street. The development started as a pilot program in 2013 under the Bloomberg administration, essentially a c…
In post-Bloomberg New York City, the war on smoking in the name of public health trudges on, and this time it’s coming from the federal government. In November, the U.S. Department of Housing and Urban Development announced it will be exten…
The U.S. Treasury Department announced in January that it will begin to track illicit cash purchases of luxury condos in New York and Miami. In New York, the new regulations will apply to cash transactions of $3 million or more. The federal…
On January 22, Airbnb listed New York City as the third-most travelled to city for business trips on its new “Airbnb for Business” platform. The announcement comes a month after the company released data showing that 55 percent of Airbnb us…
When it comes to building management and operations, is your property manager working harder, or smarter? Technology systems designed specifically for property management and building operations are becoming more popular, allowing your prop…
“I wish someone had told me the nuances of trying to cultivate a community while also trying to manage a business,” said Pat Burke, president of the Fieldstondale co-op in the Riverdale section of the Bronx, and a 12-year member of its boar…
Back in 2011, New York City’s Department of Finance released its annual property assessments for residential buildings in all five boroughs, and co-op and condo residents in Northeastern Queens were not happy with the results. The valuation…
Drones: destined to be the scourge of the skies? Or a brilliant convenience that allows people to complete everyday tasks from the comfort of their computers? Only time will tell, but some co-op denizens are already rooting for the latter. …
Following the tragic partial collapse of Champlain Tower South in Surfside, Florida in June 2021, the Community Associations Institute (CAI) convened a trio of task forces to explore laws and best practices for the community association…