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When it comes to co-op or condo, home improvements are a personal thing, reflecting the style and taste of the owner, and impacting the functionality of the unit. A prime example of this are built-ins; those personalized furnishings that pr…
Hiring a new management company - to replace your current company, or for the first time ever - is a big deal for a board. Knowing what to look for in the person or people who will be handling crucial business and administration for your co…
In-house gyms and fitness centers are some of the most popular amenities a co-op, condo, or HOA can offer residents and prospective buyers -- but just plunking down a treadmill and some barbells in a common room doesn't exactly qualify. In …
Manhattan's Central Park Tower has reached a special milestone. Developer Extell said in a press release that its luxury condo project on West 57 th Street – in the area known as 'Billionaires' Row' – has topped out at 1,550 feet, m…
As the market for co-op and condo units continues to soften in Manhattan and throughout New York City, co-ops and condos are looking to make themselves more competitive. One area where existing co-ops and associations can raise their profil…
An underlying permanent mortgage (UPM) is a commercial loan, not a residential loan like your co-op mortgage. As such, it carries additional and different terms and conditions than a residential mortgage. When selecting a mortgage for your…
As much as a prudent, conscientious board may try to keep a lid on expenditures, sometimes shelling out is unavoidable. When it comes to legal costs though, 'shelling out' can often result in a bad case of sticker shock. In this clip, legal…
A Fifth Avenue co-op that went on the market a few years ago for $120 million has now finally sold – but only at a fraction of that price According to The Wall Street Journal , the 12,000-square-foot, seven-bedroom duplex that once be…
Legendary singer and actress Bette Midler is looking to decamp to a smaller apartment in Manhattan, which is why she and her husband are putting their large Upper East Side penthouse up for sale. The New York Times reported that Midler…
A Mitchell-Lama co-op in East Flatbush has been the scene of a legal drama concerning its board and allegations of poor living conditions, despite scoring an $11 million state loan for needed repairs. According to an article in The CITY …