In a world where the cost of services and goods are generally rising, even in the absence of any substantive inflation, co-op and condominium boards and management are always looking for ways to hold the line on increasing monthly costs. T…
Q: I'm a member of my building's board. At a recent board meeting, the owner of our management company told the board that I fired the plumbing company. The owner of the plumbing company then asked for my name and phone number, and the mana…
Even as businesses, schools, and even entire economies shut down at the start of the coronavirus pandemic last year, the task of running residential buildings and communities never ceased. In fact, it could even be argued that as people wer…
Two New York icons will be partnering at new luxury condominium Rose Hill. Developer Rockefeller Group announces via a press release that the 45-story tower—currently finishing construction at 30 East 29th Street—will include a residents’ l…
The Institute of Real Estate Management (IREM) announces via a press release this year’s leaders for its annual Diversity & Inclusion Succession Initiative (DISI) recognition program. The program “helps facilitate leadership and career deve…
CooperatorNews regrets to report the passing of Walter Mankoff, 91, who served for nearly half a century on the board of the Mutual Redevelopment Houses, otherwise known as Penn South, in the Chelsea neighborhood of Manhattan. Mankoff w…
In the wake of the pandemic and in anticipation of the recovery to come, do New York City co-ops and condominiums need to consider setting themselves apart to compete in the market? The answer is yes - but the bigger question is, how? What…
On April 14, a 56-unit limited-equity co-op called Sydney House debuted in a virtual ribbon-cutting ceremony attended by project stakeholders, lenders, city officials, and members of the co-op board, report s New York YIMBY . The 7-…
With filings for Local Law 97 and other related energy and environmental regulations looming, many co-op and condo boards may have questions about completing the filings properly and on schedule. While it’s best - crucial, in fact - that yo…
Once again, a push to pass legislation requiring co-op boards to disclose their reasons for rejecting would-be shareholders is afoot in the New York State Senate. The bill is sponsored by housing committee chairman Brian Kavanagh, a Democra…