To actually remove floors or space from a newly-constructed building because of a violation of zoning rules is quite rare as it is drastic. And i t is a situation that a nearly-completed Upper East Side condo tower could be facing. Manh…
A penthouse in United Nations Plaza was among 23 Manhattan luxury residential properties listed at $4 million or more that signed into contract last week. It marked six straight weeks of 20 or more sales, according to Oshan's latest r…
In a residential real estate market that is getting more crowded with high-end luxury properties, developers are devising ways to attract potential apartment buyers. As one example, f irms like Extell have offered more intuitive bonuse…
It’s a very unpleasant but often common situation in community living: the moment when the association has to evict or eject an owner or tenant. It could be for a variety of reasons, but mostly due to the delinquency of the person to pay hi…
While crime rates have been falling consistently for decades -- even in large metropolitan areas -- security and safety will always be a top concern of both managers and boards. In this video clip, a security tech pro discusses some of the …
Three officials responsible for the application process for purchasing Mitchell Lama co-ops in Coney Island were indicted for allegedly accepting bribes from applicants who wanted to buy into affordable housing The 78-count indictment …
Long Island City became the talk of the town late last year after it was marked as one of two likely locations for a new Amazon headquarters. After much uproar from residents worried that such a massive project would rapidly gentrify th…
Nobody gets into property management thinking it's going to be an easy, totally stress-free career -- on the contrary, many pros get into the field precisely because they enjoy a challenge, and prefer that every day come with a new and diff…
Taxes from the sales of multimillion-dollar homes are going up, thanks to the folks up in Albany. As part of New York State’s 2020 budget, a change has been enacted to New York State’s ‘mansion tax.” Originally enacted in 1989 by the…
The allure of owning a condo at Trump Tower has apparently worn off since the election of Donald Trump as president in 2016. In a recent Bloomberg article, Trump Tower was deemed “one of the least desirable luxury properties in M…