Despite the acute recent rise in interest rates, the tristate condominium and co-op market continues to show strength; a decline doesn’t seem to be imminent - at least not in the foreseeable future. For many seeking home ownership in a more…
According to a new study by Construction Coverage examining where and to what degree homebuyers are most impacted by rising mortgage interest rates, those rates are now more than double what they were in early 2021. As a result, spirali…
Building owners - as well as co-op and condo boards - are facing the challenging task of complying with NYC’s array of greenhouse gas emissions (GHG) laws, which are intended to measure, track, and report the energy efficiency of buildings …
At this time of year, it’s customary (and just good manners) to show your appreciation for the work your building or association staff does for you and your neighbors by giving year-end holiday tips—but how much to give, and how to give it …
Even before the pandemic, the part of the tech sector specifically serving apartment dwellers was evolving fast. Virtual doormen, package and delivery tracking, online portals for work orders, document access, and other resident business we…
October marked the beginning of heating season in New York City. For those of you who have cast iron radiators to heat your apartments, here’s a helpful tip: Radiator valves will turn your radiators on and off. Simple right? But did you k…
The holiday season is well underway, with trees, wreaths, twinkle lights, and all the other festive trimmings coming out of storage and going up in lobbies, hallways, and other common areas. Many co-op and condo residents are also breaking …
While visions of sugar plums may be dancing through your head this time of year, if you’re sitting on the board of your condominium or co-op it may be time to think about projects a bit further down the road; specifically, projects that are…
In a recent report , building and development consulting firm Construction Coverage looked at the best and worst months to buy a home in different locations throughout the U.S. They found that nationwide, home prices peak in the summer m…
For the first time in many years, interest rate volatility is a factor in the housing market. The long period of low inflation and low-rate stability that characterized equity growth and a seemingly permanently turbo-charged housing market …