The new federal tax law and rising mortgage rates were among the factors that contributed to the decline of Manhattan co-op and condo sales year-over-year during the first quarter of 2018, according to the latest report released on Tues…
The daily operations of your condo or co-op could be disrupted or not, depending on what happens after April 20. As reported by Crain's Business New York , negotiations between the city's apartment building owners and labor union …
New York City's 2017 residential sales set a record high of $50 billion “driven by Brooklyn's all-time high annual consideration of $11 billion this year,” according to the latest fourth quarter 2017 report by the Real Estate Board of New…
Co-op and condo owners often make assumptions about who can serve on the board of their corporation or association -- and one of those assumptions is that any owner of shares in a co-op, or a unit owner in a condominium is eligible to run f…
There are few things more traumatic than dealing with a fire in one's home. From loss of possessions either replaceable or one-of-a-kind, to the exponentially more horrific potential of lost human life, the baseline is bad -- and things can…
Getting buy-in from residents on expensive equipment installation or upgrades can be tough - especially if one's existing equipment seems to be getting the job done. But 'functional' isn't the same as 'optimal' - and making some changes to …
In late January (as has been reported elsewhere ), six residents of the St. Tropez condominium located on Manhattan's Upper East Side, filed a lawsuit against two board members of the association stemming from a rooftop facade co…
To many people outside New York City, the very word ‘condo’ conjures up an image of an ultra-modern apartment located in a high-rise building with dramatic views. But that’s for the movies. First of all, condos, like any other type of apart…
If you're on the board of a small, tight-knit building were everyone knows their neighbors, it may be tempting to make decisions on the fly, or conduct building business in a more informal, handshake-based way than a board in a larger, more…
Smoking, dogs, and bedbugs: either one or all of those issues can affect you as a co-op or condo owner. Many residents have experienced a cloud of cigarette smoke in the hallway, the loud bark of a noisy dog in the middle of the night, or e…