January 2015, Vol 35, No 1
Visit our archives to see other articles that were published in 2014.
- 1.27.2015 Bharara probing tax deals given to luxury condo building US Attorney Preet Bharara is investigating the massive tax breaks granted to Midtown’s luxury One57 condo building, where a mystery buyer just paid a record $100 million-plus for the duplex penthouse. [NY Post]
- 1.21.2015 Property tax increases leave condo, co-op owners fuming Under the new rolls, tax bills going out in July will boost the average single-family home tab by $228 to $4,840. [NY Post]
- 1.14.2015 A new wave of ‘affordable’ Manhattan condos could hit the mark with first-time buyers A condo conversion by HFZ Capital at 301 W. 53rd St. has prices ranging from $1M to $3M. [NYDN]
- 12.17.2014 EBMG Outlines Winter Heating Regulations for Residential Buildings Excel Bradshaw Management Group has released a video breaking down heating regulations for residential buildings in New York City so that co-op and condo boards can make sure residents are kept warm all winter. [Habitat]
- More News...
There is an old adage that claims, "The more things change, the more they stay the same," and that is not a happy thought for a board of directors or an association looking to change property management firms. The turmoil of replacing a management company is guaranteed to be costly, not only for the board, but for the entire community. So make sure the necessary changes are achieved through this change in management. Read More
Individual commitment to a group effort; that's what makes a team work, a company work, a society work, a civilization work. Read More
The most successful property managers seem to have one thing in common: a sense they are working in a constantly changing industry. With building technology, administration, and communication methods constantly evolving, a savvy manager will always be learning about what’s happening with current trends and state laws to maintain top game. Read More
As the co-op/condo market continues to heal after the setback it experienced during the most recent financial crisis of the mid-aughts, many management firms and independent property managers are looking for ways to distinguish themselves from their colleagues and stand out in an increasingly tough market. The competition to manage some of the world’s priciest buildings is intense. Read More