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…
Tag: Steven Spinola
For most New Yorkers, the search for housing is perhaps the least favorite part of the New York experience. If the size is right, the price is wrong; if the price is right, the neighborhood’s wrong. And then there’s that hideous wallpap…
After receiving over 4,200 comments on a proposal that would have eliminated flip taxes and transfer fees in co-ops, condos and HOA communities, the Federal Housing Finance Authority (FHFA) has reconsidered its position and will allow …
A proposal to ban federal lenders from purchasing loans in co-ops that use flip tax fees or condos with deed-based transfer fees has housing community leaders worried the ruling would lead to diminished operating budgets and severely d…
As the housing market boomed in the early parts of the last decade, apartments in New York City seemed to be snapped up mere days (sometimes mere hours) after being put on the market. As the trend continued, thousands of people set out t…
When one looks at the real estate market in New York City—which, excluding such homeowners’ havens as Bay Ridge, Bayside and Staten Island, usually means the apartment market—one sees a picture similar to last year. All over the country, on…
For the past year or so, PlaNYC 2030, Mayor Michael R. Bloomberg’s sustainability initiative (“sustainability” being a new buzz word for “environmentally friendly” or “contributing to a better quality of life”) has taken center stage at …
For most New Yorkers, the search for housing is the least favorite part of the New York experience. If the size is right, the price is wrong; if the price is right, the neighborhood's wrong. And then there's that hideous bathtub in the k…
In the past, if you were considering buying a co-op or condo apartment, you would have relied mostly upon the classified ads in the local newspapers and journals to find your broker and your new home - or perhaps you would have passed seve…