Plans for a development company to buy the air rights from a Lower East Side co-op so it can build two large condo towers were recently dealt a serious blow. Crain's New York Business reported that the Seward Park Cooperative rejecte…
Tag: new this week
A group of New York City Council members, led by Ydanis Rodriguez of the 10th District, recently re-submitted legislation that aims to give small business owners more agency when renegotiating the leases for their commercial spaces. Var…
Summer is definitely here, but if you neglected to make use of your building or HOA's fitness amenities over the winter, there's still time! In this short clip, industry pros talk about what's new and exciting in the world of in-house gym e…
Starting August 28, 2018, all residential buildings with three or more units in New York City will be required to adopt a written smoking policy . This applies to rentals, co-ops, and condos. The new ordinance, called Local Law 147 …
In many cases in which a residential condo or co-op property includes street-level commercial space, the retail tenant leasing that space is a good fit with the apartments above. Whether it's a supermarket, an apparel business, a sporting g…
Even seasoned co-op, condo, and HOA board members can find themselves at a loss when it comes to the complex business of energy procurement. In this short video, an industry pro give a few tips on where boards (and managers) can go to learn…
A new report by the New York State Comptroller's Office about the city's elevator inspections is sobering for those who rely on elevators on a daily basis. As reported by The Real Deal , an audit released on June 6 by New York S…
If you didn't know anything about its history, the building at 193 Henry Street on Manhattan's Lower East Side may seem like your average new luxury condo on the block. However, there is something quite unique about how it was built that ju…
Late last year, a conflict developed between a board and some residents at the Windsor Oak co-op in Queens over shelters protecting a colony of feral cats that lived behind the property. As the New York Post reported, a contingent o…
Co-op and condo buildings are complex social communities. At the heart of many of these communities is the superintendent. The super is the command center of the physical plant. He or she keeps it running like a well-oiled machine, and k…