As we head into the final quarter of 2023, what factors are contributing and controlling the co-op and condo market? To a great extent, the same factors that have controlled it for the past few years: stubbornly high interest rates, the lin…
The New York State Department of Taxation and Finance recently took the position that a revocable license granted for a parking and storage spaces in a condominium building constituted a conveyance of real property under Article 31 of the s…
The doubling of interest rates in the past 18 months has certainly had a chilling effect on sales of all types of private homes, whether they be condos high in the sky, co-ops in quaint, pre-war walk-ups, or detached single family homes in …
Yet another new law has recently passed that affects co-ops, condo and HOA boards, as well as residents who lease their units. The law addresses the potential for flooding of leased residential premises due to historic rainfall and natural …
Like dental work and filing income taxes, estate planning is not something most people typically enjoy - and is often put off till it’s too late. This reporter’s own father - who sold life insurance for a living - did not purchase cemetery …
Your building’s lobby and hallways are the first things residents, guests, and potential buyers see - and as the old saying goes, first impressions matter. In a multifamily residential setting, be it co-op, condo, HOA, or rental, cleanlines…
According to a new study by Construction Coverage, a website that provides construction insurance guides, looking at the U.S. locations with the most millennial homebuyers, Millennials—generally regarded as individuals born between 1981…
A new report , Best Practices: Community Association Maintenance , is now available as a free download on the Foundation for Community Associations Research (FCAR) website. Authored by a consortium of legal, engineering, finance, and mana…
You’ve probably seen people of all descriptions playing pickleball - a super-adaptable hybrid that uses oversized ping-pong paddles to lob a hollow, perforated plastic ball back and forth over a tennis net. The game is accessible to players…
The quest to achieve a zero carbon footprint by 2050 - the holy grail set by New York City to battle global climate change - is far reaching. So far reaching in fact, it involves nearly every component of building function and construction…