The deep freeze of winter will fall on New York again very soon and most New Yorkers are hoping that we don't get pounded as badly by snow and ice this year as we did some years ago. Because of weather’s unpredictability during winter, …
As the recession has lingered on since 2008, co-op and condo buildings throughout the city—from luxurious downtown buildings to middle-income and lower-income walkups—have found more of their residents in arrears with their monthly fees.…
Co-op and condo boards are made up of resident volunteers who want to serve their building communities and have a hand in its governance. While some board members actually make their living as attorneys and have a working knowledge of …
The real estate market in New York City isn’t what it was in the recent past—a fact that troubled many brokers, but which for buyers was a good thing. Across the market, prices are still well below their height of a few years ago, and s…
New York City’s Department of Buildings wields great influence over how structures in the city are built and maintained, presiding over everything from building inspections to permits, building codes and materials. While that area of go…
The last couple of years have been tempestuous for everyone involved in the real estate industry, and the New York market is certainly no exception. But the city’s residential real estate is extraordinary in that during the current rece…
Occupying the southernmost tip of Manhattan, New York City’s Financial District is the center of wealth and power for both the city and the nation, but until just a few years ago, the area was a ghost town after office hours. That began…
Holding regular meetings is one of the most essential tasks of a co-op or condo board, because that’s where the building’s policy is formed, where business decisions related to the community are made and usually where administration of …
For the majority of co-op or condo owners, their apartment is their largest asset. That apartment should be viewed as an investment and one that makes fiscal sense. But that approach is impossible if unit owners are missing important p…