Tag: new this week

Few things can negatively impact the appearance of your building (and the morale of the people living in it) like dirty, grimy windows - and deteriorating frames, sashes, and seals can waste hundreds, even thousands of dollars in heating an…

While reports show a citywide trend of sellers scaling back asking prices for co-ops and condo units, AM New York reports that the under-$1 million tier is holding its own, and the $500,000ish market actually seems to be in pretty good …

Owners looking to make a killing on their apartments are getting a cold splash of reality, according to a recent report from Marketproof. While sales prices in the NYC market have indeed increased by some 43% since 2006, in many cases, sell…

If selling is an art, then real estate agents are in many ways like landscape painters -- in other words, they prefer a vista without human characters. It’s not that they don’t like people; it’s because it’s much easier for a prospectiv…

Of all the skills a good property manager must possess, conflict management is high up on the list. Not just knowing how , but when to step in (or not) is part and parcel of helping boards and residents maintain harmony and quality o…

Back in September, Governor Cuomo signed into law a bill passed by the New York State legislature meant to make public knowledge the actual owners of one-to-four family homes purchased under the guise of LLC’s, limited liability corporation…

The governing documents of a housing development—be it a cooperative, condominium, or homeowners association—spell out the rules, regulations, and policies that all unit owners or shareholders are obligated to follow as a condition of their…

Of all the duties of boards and managers, the safety of residents and their property is paramount. One crucial component of maintaining that safety is a fire-prevention plan that's thorough, functional, and up-to-date. In this clip, fire pr…

The National Law Review is alerting litigators to be prepared for a rash of lawsuits related to a possible looming housing recession, likening the outlook to what happened in 2008’s economic crash. As the condo developers of a deca…

The Federal Housing Administration (FHA), which insures mortgages made by private lenders and banks, will ease condo financing regulations to open up homeownership for more first-time buyers, effective October 15, reports Yahoo! Finance.…