All streaks eventually come to an end, and New York City's luxury residential sales are no exception. According to Olshan Realty's latest luxury market survey for the week of March 4-10, about 15 properties worth $4 million or more signed …
Tag: Contract
A Carroll Gardens condo that was recently signed into contract could set a record in the neighborhood. According to Stribling's Brooklyn luxury report , a contract was signed for a penthouse at the condo building called 145 Carroll …
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 …
Any New York building of significant size needs a professional building manager in order to function from day-to-day, and even smaller buildings often need some help from a management company. Before any management company is hired, howeve…
Warranties for products are simple to understand, most people might think. You go to the store, buy a computer or a DVD player or a TV, or even a larger appliance like a refrigerator, and you get a piece of paper describing a one-year …
Given the state of the economy and the real estate market, a novel issue is whether when a bank conducts a foreclosure sale on the shares relating to a cooperative apartment (without a judgment of the court), the successful bidder is su…
Drawing up a contract for management services looks at first glance like a simple task. Such contracts usually follow a particular format and outline similar services for both co-ops and condos, regardless of size. But what about contr…
It’s amazing how good building owners and managers are at increasing and garnering revenue from residential tenants while at the same time leaving themselves to the will and whim of laundry room operators who impose contracts lasting fo…
Everyone knows that building construction and renovation work can be difficult and dangerous and that lawsuits are not unusual. While most lawsuits involve the contractor on the project, there can certainly be lawsuits against the d…
Having a well-lit, well-maintained laundry room in one's building is a definite plus. Residents don't have to traipse out to the overcrowded Laundromat in the dead of winter or in the pouring rain to spend hours waiting for machines when…