Tag: new this week

Another New York City building could be next in a line of properties that have recently extricated themselves of the Trump name following the election of Donald Trump to the U.S. presidency in 2016. Crain's New York Business reported…

One could be forgiven for growing tired of reading about how expensive New York City real estate is. The prices trend ever upward--everybody gets it. But the curiosity of even the most cynical spectator might be piqued if he or she knew the…

The trend today is toward a paperless world.  Electronic record keeping can reduce costs overall by eliminating the need for physical paper, while also helping to improve our environment and save space. But are electronic records the right …

While a board - or their constituent homeowners - may feel their community needs to employ all the latest gadgets and technology to secure their property and safety, the fact is, it's a rare community that truly needs biometric retinal scan…

The main takeaways that describe the Brooklyn and Queens residential market in the first quarter of 2018 were record-setting prices and slow sales, according to Douglas Elliman's most recent 1Q 2018 report. For Brooklyn condos, the ave…

At the moment, it appears that tenants at residential buildings throughout the city can temporarily breathe a sigh of relief. On Friday, it was announced that a tentative agreement was reached between the Realty Advisory Board of Labor…

It was a bizarre story that generated local media attention last fall, including from The Cooperator : Neal Milano, property manager of a 47-unit condo in Sunnyside, Queens, was arrested in September 2017 for allegedly accosting a 43-y…

A fire in an condo unit on the 50th floor of Trump Tower that killed one resident on April 7th has drawn attention to the issue of installing sprinkler systems in older, larger residential buildings. In 1999, the City passed a law re…

The power of a co-op board to approve or reject sales, as well as co-op applicants, is pretty much unlimited -- as long as the decision is made within the limits of applicable law. Boards require extensive information and documentation -- k…

Co-op and condo communities switch management companies for an array of reasons - but regardless of why a change is made, it's vitally important for the incoming firm or managing agent to have all the necessary documents, paperwork, and rec…