The New York Cooperator, The Co-op & Condo Monthly

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NYC Residents Pay $5,633 in Annual Property Taxes

City Ranks Sixth Highest in the Nation

According to the latest data from the U.S. Census Bureau, the median annual property tax paid by homeowners was $2,578 i…

Park Ave. Co-op Board Wins Sale Dispute

Long Feud With Board Colored Plaintiff’s Case, Says Judge

A Question of Privacy

NY Law is Unclear When it Comes to Co-op/Condo Residents' Info, Attorneys Say

DOB's Energy Efficiency Grading Program Launches

Buildings Over 25,000 SF Must Post Grade By Oct. 31

COVID’s Effect on the Condo/Co-op Market Continues to Baffle

Can AI Help?

Management

Handling Harassment in Multifamily Housing

When Trash Talk Turns to Transgression

Whether you live in a super-luxe Park Avenue co-op in New York City, a beachfront condo in Florida, a sprawling HOA in N…

Management

2020 June

Coping with Corona

Two Managers on How the Pandemic Is Impacting Their Work

Reopening Your Community

IREM Offers a Roadmap

2020 May

Helping Out in the Age of Coronavirus

Lending a Hand Without Overreaching

2020 May

Coping with Corona

Two Managers on How the Pandemic is Impacting Their Work

Finance

NYC Residents Pay $5,633 in Annual Property Taxes

City Ranks Sixth Highest in the Nation

According to the latest data from the U.S. Census Bureau, the median annual property tax paid by homeowners was $2,578 i…

Finance

Anatomy of a Condo Loan

One Building's Case Study

Using Reserves to Cover a Cash Shortage

Two More Views on a Possible Financial Lifeline

2020 July

The Price is…Right?

Adjusting Valuations for Pandemic’s Impact

2020 July

Budgeting in a Changed Landscape

Making Predictions for the Unpredictable

On The Board

Airbnb vs. COVID-19

Governors, Boards & Residents Support Short-Term Rental Ban

Editor’s Note: During this crisis, The Cooperator family of publications will be passing along information, tips, and FA…

2020 May

Social Distancing in Co-op & Condo Buildings

Living Apart, Together

2020 May

We’re All in This Together

One Co-op’s Response to the COVID-19 Crisis

The Cooperator Events presents: COVID, Communications, & the Law - Practical Advice for Boards & Managers

A Virtual Town Hall Sponsored by Gallet Dreyer & Berkey, LLP

CAI Releases Statement on Foreclosure Moratorium

Calls for 'Flexibility, Understanding, and Business Continuity'

Supporting Essential Building Workers

How to Show Your Staff You Care

While residents of condos, co-ops, and HOAs do their part to prevent the spread of COVID-19 by staying in their homes as…

Conflict in Client Communities

What's the Manager's Role?

Managing Conflicts

How Managers Make Peace

Managing Multifamily Buildings

What Are the Biggest Challenges?

Prioritizing Tasks

How Do Managers Manage?

Communicate...and Then OVERcommunicate

Tips for Getting Residents Involved, Engaged, & Informed

A few years ago, I was on the phone with a homeowner. He was irate with how his community’s money was being spent. He wa…

Helping Older Neighbors During the COVID-19 Pandemic

4 Things You Can Do

March 20, 2020

Vulnerable Residents

Safety for All

Conflict in Client Communities

What's the Manager's Role?

Managing Conflicts

How Managers Make Peace

Maintenance

NYC to Explore Using Drones for Facade Inspections

City Council Orders DOB Study

The Greenpoint Post reports that the New York City Council passed a bill on September 16 requiring the Department of…

Dealing With Construction Damage

Protecting Your Property and Residents

Seasonal Pests

COVID Complicates - But Doesn't Eliminate - the Need for Pest Control

Signs of Structural Damage

What Boards, Managers, & Building Staff Should Look For

DOB Announces FISP Amnesty Program

Buildings That Didn't File Cycle 8 Reports Get More Time

NYC to Explore Using Drones for Facade Inspections

City Council Orders DOB Study

The Greenpoint Post reports that the New York City Council passed a bill on September 16 requiring the Department of…

2020 April

When Interior Renovations Become Exterior Issues

Coping With Construction

Window Deterioration

Recognizing the Main Culprits

Local Law 97

How Will it Affect Your Building?

Spring Maintenance

Warmer Days Ahead

Spring Maintenance

Warmer Days Ahead

Though 'winter' in these days of shifting, warming climate tends to involve more chilly rain and slush than the snowdrif…

What about the environmental impact of LED Lighting? How much energy does it save?

Lobby Decor

To Furnish, or Not to Furnish?

What Are the Most Effective Steps Boards Can Take to Fight Pests?

Hint: Keep it Clean!

Pest Issues in Multifamily Buildings

What Are the Toughest Ones to Address?

Organizations

32BJ SEIU President Issues Statement on Pandemic & Police Brutality

"Our Members Find Themselves in Double Jeopardy"

IREM Establishes COVID-19 Relief Fund

27 Chapters on Board So Far

REBNY Launches Coronavirus Resource Hub

Connecting Members and Non-Members Alike

REBNY Launches First-of-its-Kind Fellowship Program

Group Aims to Cultivate Diversity in the Real Estate Industry

BTEA Announces COVID-19 Resource Center

Online Center to Provide Up-to-Date Information for Contractors

Design

What's Happening in Design

Adapting Common Spaces to the New Normal

Seeking Safe Outdoor Spaces

Roof Decks Become Even More Valuable During COVID

Fitting in Fitness

How to Get the Most out of an In-Building Gym

Glass vs. Masonry

Which Façade Reigns Supreme?

Lobby Decor

To Furnish, or Not to Furnish?

Insurance

Insurance Coverage vs. COVID-19

Co-ops & HOAs May Be Left Holding the Bag

The NY Policy Holders Protection Act

What's it to You?

A Hard Market

Understanding the Current Insurance Cycle

The Claim Conundrum

When to File vs. When to Pay

Warranties and Service Agreements

What You Should Know About Coverage

News

10/22/2020 Susan Sarandon Sells Longtime New York Apartment—Architectural Digest

Susan Sarandon is ready to move on from her longtime New York apartment after nearly 30 years of ownership.
Read full story

10/22/2020 Downtown Condos Lead Manhattan’s Luxury Real Estate Deals, Again—Mansion Global

For the second week in a row, 14 high-end contracts were signed last week in Manhattan, according to Olshan Realty. That’s five fewer than the same week last year.
Read full story

10/19/2020 Permits Filed For 684 Dean Street In Prospect Heights, Brooklyn—New York YIMBY

Permits have been filed for a six-story residential building at 684 Dean Street in Prospect Heights, Brooklyn.
Read full story

10/19/2020 Another Landlord Challenge to Evictions Pause Fails, Van Halen Avenue, and Other News—Curbed

Since the beginning of the pandemic, a series of perplexing, often vague orders from Governor Andrew Cuomo has kept New Yorkers from being evicted and repeatedly pushed back the date as to when eviction cases can move forward in housing court.
Read full story

10/19/2020 Starwood suing HFZ for $157M over co-op conversion loan default—The Real Deal

Starwood Property Trust is suing Ziel Feldman’s HFZ Capital Group, charging the developer defaulted on loan payments at an Upper West Side co-op conversion and failed to abide by a forbearance agreement.
Read full story

10/16/2020 New York Lost $755 Million in Tax Revenue from Real Estate Deals—Bloomberg

Real estate sales in New York City are plummeting, and so is the tax revenue that’s generated with every transaction.
Read full story

10/16/2020 The Revival of the New York Pied-à-Terre Tax—Law.com

The economic shutdown triggered by the COVID-19 pandemic has resulted in an astonishing $14 billion budget deficit in New York, with projections of up to $30 billion by 2022, according to New York Governor Andrew Cuomo.
Read full story

10/16/2020 Permits Filed For 63-02 Fresh Pond Road In Ridgewood, Queens—NY YIMBY

Permits have been filed for a three-story mixed-use building at 63-02 Fresh Pond Road in Ridgewood, Queens.
Read full story

10/16/2020 National Cooperative Bank Originates Over $139 Million for New York Area Cooperatives and Condominiums in Third Quarter—Multifamily Biz

National Cooperative Bank (NCB), a leading lender to cooperative housing and condominiums throughout the Tri-State area, originated over $139 million to 72 New York area housing cooperatives and condominiums during the third quarter of 2020.
Read full story

10/14/2020 Windows Going In at Massive Development on Former Witnesses Parking Lot in Dumbo—Brownstoner

An enormous and long-in-the-works block-long development in Dumbo keeps chugging along.
Read full story

10/14/2020 Court Bounces Books-and-Records Petition in Feud Over Park Avenue Co-op Board’s Rejection of Prospective Purchasers—JDSupra

The white glove, prewar cooperative apartment building at 510 Park Avenue and 61st Street in Manhattan is, for those who reside there, an address that shouts out, “I’ve made it to the top!”
Read full story

10/14/2020 Wonder Works’ UES condo being shopped at foreclosure sale—The Real Deal

An Upper East Side condo developed by Wonder Works Construction is facing UCC foreclosure, the latest in a spate of recent actions taken against struggling condo developers.
Read full story

10/14/2020 Permits Filed For 2535 Frederick Douglass Boulevard In Harlem, Manhattan—New York YIMBY

Permits have been filed for an eight-story mixed-use building at 2535 Frederick Douglass Boulevard in Harlem, Manhattan.
Read full story

10/12/2020 HUD's New Final Rule on Disparate Impact Provides Clarity and Greater Defenses for Housing Providers—Lexology

The U.S. Department of Housing and Urban Development (HUD) recently released its final rule addressing the legal requirements for disparate impact cases brought under the Fair Housing Act (Final Rule).
Read full story

10/12/2020 Roosevelt Island real estate is booming thanks to COVID-19—New York Post

“Forget everything you think you know about Roosevelt Island,” said Kaja Meade, who moved her family from Manhattan to the spit of land in the East River in 2012.
Read full story

10/9/2020 Jimmy Cayne, key banker in 2008 financial crisis, loses suit against NYC co-op—New York Post

A key player in the 2008 financial crisis has lost a lawsuit against his ritzy co-op for allegedly causing him “severe financial hardship” by blocking the sale of his apartment, a new court ruling shows.
Read full story

10/9/2020 Almost post-pandemic renovation by New Yorkers - by C. Jaye Berger—New York Real Estate Journal

As the Pandemic seems to be slowing down, New Yorkers are showing that nothing can stop them or slow them down when it comes to renovations.
Read full story

10/9/2020 ‘Burg Waterfront Condos Sue City Over Crumbling Green Space, Raucous Late-Night Parties—Brownstoner

The condo boards of three luxury developments along the Williamsburg waterfront are suing the city for upwards of $2 million, claiming Parks Department officials have failed to maintain the publicly managed green spaces and piers fronting their buildings for years, while also allowing raucous revelers to party late into the night.
Read full story

10/9/2020 All Things Real Estate: How to hire a mortgage broker—The Island Now

In my 38 years doing real estate as an investor and Broker, I have had the pleasure of working with a few professional mortgage brokers.
Read full story

10/9/2020 The COVID effect: The surprising impact of the pandemic on Miami-Dade real estate—Miami Herald

Months of stay-at-home orders, growing numbers of infections and deaths, working remotely while the kids are attending school in the next room, stop-and-start business closures, and no end in sight to the COVID-19 pandemic have all had an unexpected — and seismic — impact on Miami-Dade’s real estate market. It’s just not what you probably think it is.
Read full story

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Q&A: Damages Over Parking

New York Gyms & Fitness Centers Cleared to Reopen

Multifamily Energy Savings Solutions

Supporting Essential Building Workers