Tag: new this week

Buying & Selling Pied-à-Terre Tax Effort Revived
Pied-à-Terre Tax Effort Revived

Bloomberg Quint reports that another blow may be heading toward the  high-end real estate market,  in the form of a revived effort by state lawmakers to impose a tax on second-home purchases of $5 million or more. This tax follow…

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Building Operations Assessing Energy Needs
Assessing Energy Needs

Between helping the planet and helping your building's bottom line, it pays to be familiar with your energy profile. In this clip, two multifamily energy pros discuss the criteria and process they use to determine an individual community's …

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Community Living Lobby Decor
Lobby Decor

While not usually considered an amenity per se, an elegantly appointed lobby can be both a draw for prospective purchasers and a welcoming space for residents in co-op and condominium communities. While some communities furnish their lobbie…

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Insurance The Claim Conundrum
The Claim Conundrum

Sometimes, the choice whether to file a claim with your insurer is clear-cut; sometimes it's not. In this clip, two industry pros give tips on when to file, and when to consider other options. 

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On The Board Co-op Boards Say No to Neumann
Co-op Boards Say No to Neumann

Page Six reports that even before his company’s recent failed initial public offering (IPO), Adam Neumann, now former CEO of WeWork, had difficulty securing a co-op on Manhattan’s tony Fifth Avenue. Citing a real estate insider, Page Si…

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Building Operations Securing Your Building
Securing Your Building

Security in multifamily buildings isn't a one-sided job; both boards and residents must cooperate to make sure property and people are safe. In this clip, a security pro gives us a few tips on how administrators, staff, and those who call b…

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Finance Paying off Underlying Mortgages
Paying off Underlying Mortgages

In the hybrid part-owner/part-tenant world of co-op living, there exists an interesting and unique financial instrument: the underlying permanent mortgage . Part of the overall financing structure for any co-op, the underlying mortgage …

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