Tag: new this week

Building Operations Fitting in Fitness
Fitting in Fitness

The most popular amenity by far in apartment communities—whether co-op, condo, or rental—is a gym. Even in small buildings, where space for extras is at a premium, boards look for ways to add a fitness room somewhere, anywhere, they can wed…

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On The Board A New Generation Joins the Co-op Board
A New Generation Joins the Co-op Board

In a recent Real Estate piece, the New York Times explored why and how newer shareholders can successfully integrate themselves into the governance of their co-ops. Five under-45 shareholders who recently joined their co-ops’ b…

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Board Operations Managing Conflict
2020 February Managing Conflict

One of the unique aspects of life in a co-op or condo is that a building or HOA is in many ways a microcosm of the larger world outside. It can suffer from the same factionalism and partisan bickering as any political entity, only on a much…

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Board Operations Bidding Basics
2020 February Bidding Basics

Co-op, condo, and HOA boards across the country are made up of volunteers who are committed to the governance of their community. Among their most important duties is selecting vendors to provide goods or services—everything from lawn care …

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Board Operations NYC Luxury Market Takes a Dip
2020 February NYC Luxury Market Takes a Dip

After nearly a decade of expansion, New York’s luxury co-op and condominium market has taken an undeniable downturn—and it’s not a gentle slope either.  According to several prominent industry players, prices at the high end of the market h…

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Buying & Selling Sell vs. Sublet
Sell vs. Sublet

As the New York co-op and condo markets continue to cool, the question for many a would-be seller is whether to absorb the contraction is prices, or to rent out their unit and wait for the market to make a comeback. The answer may be conti…

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Buying & Selling Ten Years of NYC Home Sales
Ten Years of NYC Home Sales

amNewYork gives the borough-by-borough breakdown of residential sales over the last decade as the 2010s come to a close. Overall, the city saw real estate prices increase between the first quarter of 2010 and the fourth quarter of 2019,…

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