Saving money is always a top concern of any co-op or condo board, but with tough economic times and high fuel prices, saving on energy costs can be a challenge. Thanks to deregulation of the New York energy market a little over a decade ag…
Little by little, the world seems to be getting greener, and the Bloomberg administration has made greening the city one of its priorities in helping to reduce New York City’s carbon footprint. As part of Mayor Michael R. Bloomberg’s Gr…
New York City is not generally known for its biodiversity. Surprising pockets of nature like the Jamaica Wildlife Refuge give a glimpse of the incredible ecology that once existed in the area, but the development of a massive metropoli…
It’s the age-old question for apartment dwellers living in cramped spaces: where do you store all of your possessions? If you live in a New York City co-op or condo, most buildings have a solution: sizeable storage units at the ready th…
Green truly is the new black in New York City. As more and more co-ops, condos and HOAs look to save money as expenses rise, more and more boards, shareholders and unit owners are exploring ways to incorporate “greening” into their buil…
It’s the same dilemma that single-family households across the U.S. are facing: What bills need to be paid immediately and what bills can wait? And should we stretch ourselves thin, taking more out of our bank accounts to pay for privat…
The age-old adage from Benjamin Franklin perhaps says it best: nothing is certain but death and taxes. And without some assistance on the legislative front, taxes are likely to increase significantly for New York City co-op an…
It’s no secret these days that co-op and condo operating costs are going through the roof, so to speak, and boards and managers are all looking for effective ways to generate cost savings. Building management looks at fuel and energy u…
Most cooperatives and condominiums in New York City traditionally own both the building and the land around it. There is, however, a real estate scenario where the cooperative (and in rare instances, the condominium) owns the building,…
So, did your building comply with the new benchmarking requirements that were a part of Mayor Michael R. Bloomberg’s Greener, Greater Buildings Plan? Local Law 84, new legislation passed in 2009, required all of the city’s private build…