June 2015, Vol 35, No 6
Visit our archives to see other articles that were published in 2015.
- 6.28.2015 Land lease co-op owners fear rising rents Fast-rising Manhattan land costs are the subject of concern for the city’s entire development community. But another group biting their nails is co-op owners in land-lease buildings. [The Real Deal]
- 6.20.2015 Upper West Side co-op board demands doggy DNA tests Residents of an Upper West Side apartment tower are barking mad over their co-op board’s new policy requiring them to provide proof of their pooches’ pedigrees. [New York Post]
- CAI Seminar Canceled 6.15.15 CAI Big Apple chapter postpones June 17th seminar on Insurance: 10 point primer for board members. New date to be announced.
- 6.8.2015 Renovating in New York: Let ’Er Rip? Not So Fast Robert and Debra Liano thought their renovation plans were straightforward, but it didn’t take them long to discover that very little about New York City construction is simple, easy or inexpensive. [New York Times]
- More News...
The 2015-16 New York State Legislative season is here, and on the table are many housing-related bills, many of which directly impact co-op and condo board members, managers and residents. Housing is also on the agenda in the New York City Council, although the main action is in Albany because most housing-related laws are state laws.Read More
For co-ops, condos, and HOAs, insurance premiums are some of those quiet necessities that tend to fly under the budgetary radar until it is time to examine the bottom line, provoking a search for savings.Read More
Rare in all but a few cities around the country, residential co-ops are by far the most prevalent type of owner-occupied apartment in New York City, outnumbering condos by 3-1 by some estimates.Read More
In South Africa, it’s called a “sectional title.” In Quebec, it’s a copropriété divise or “divided co-property.” In Italy, they call it “condominio,” derived from Latin. Regardless of location, a condominium—commonly referred to as “condo”—is generally defined as a form of housing and other “real property” identified as a parcel of real estate that is individually owned among a collective.Read More