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

New this week

NYC Metro #2 in the Nation on Utility Costs

Climate, Cost of Living & COVID Drive Bills Up

Since the onset of COVID-19, millions of Amercians have been spending significantly more time at home. According to da…

NYC to Explore Using Drones for Facade Inspections

City Council Orders DOB Study

Where is the Apartment Market Headed?

Stepping Out of Limbo

Anatomy of a Condo Loan

One Building's Case Study

Dealing With Construction Damage

Protecting Your Property and Residents

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

Anatomy of a Condo Loan

One Building's Case Study

As we’ve reported in previous articles, special assessments are not the only tool condo associations and HOAs have to fi…

Finance

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

2020 July

Coping With Cash Flow Problems

Fallout from COVID-19 Hits Communities’ Bottom Line

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'

Conflict in Client Communities

What's the Manager's Role?

Of all the skills a good property manager must possess, conflict management is high up on the list. Not just knowing h…

Managing Conflicts

How Managers Make Peace

Managing Multifamily Buildings

What Are the Biggest Challenges?

Prioritizing Tasks

How Do Managers Manage?

2019 May

Changing Management

How to Know When it's Time

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

9/25/2020 John Lennon’s NYC penthouse from iconic photoshoot to list for $5.5M—New York Post

A Manhattan penthouse where John Lennon lived during his famed UFO sighting and an iconic photo shoot is about to hit the market for $5.5 million.
Read full story

9/25/2020 10 NYC apartments you can buy for under $600K—6sqft

For roughly $600,000, would you prefer a two-bedroom in a pre-war building located across from a park in south Brooklyn or a studio on a high floor of a Park Avenue co-op in Murray Hill?
Read full story

9/25/2020 Zoning Commission Approves Six-Month Extension of Orders Expiring Through December 31, 2020—Lexology

As part of the initial flurry of administrative and regulatory changes in response to the ongoing pandemic, the Zoning Commission (Commission) took emergency action to approve a text amendment to the Zoning Regulations extending the validity of approval orders that otherwise would expire between April 27, 2020, and December 31, 2020.
Read full story

9/25/2020 The End Of New York Rent Regulation? We’ll See.—Lexology

In response to today’s virus pandemic, unusually high numbers of apartments have been listed for sale as their owners have fled the city. In the rental market, owners of apartment buildings have significantly reduced their asking rents, yet have often not been able to rent apartments.
Read full story

9/25/2020 Board of Zoning Adjustment Reverses Zoning Administrator’s Interpretation on Multiple Dwelling Conversions in the RA-1 and RA-6 Zones—Lexology

On July 1, 2020, the Board of Zoning Adjustment (Board) reversed a decision by the Zoning Administrator (ZA) allowing the by-right conversion of an existing dwelling unit into an eight-unit apartment house in the RA-1 zone.
Read full story

9/24/2020 Trump Real Estate Rates Dropped Where He’s Disliked (NYC), Increased Where He Is Liked (Vegas)—Forbes

A new book by Forbes’ senior editor Dan Alexander, White House, Inc., shows that prices in Trump buildings appear to correspond with the president’s popularity in a given area.
Read full story

9/24/2020 Naftali Launches Sales on Upper East Side Condos—Connect CRE

Naftali Group has launched sales for the first new luxury condominium building along Madison Avenue on the Upper East Side in more than 20 years.
Read full story

9/24/2020 Not so fast, urban exodus: Coronavirus could make New York and San Francisco great places to live again—The Washington Post

Walk the streets of Manhattan these days and it’s hard to believe that, only months ago, this was one of a handful of “supercities” whose dense concentration of innovative businesses and highly skilled workers was meant to drive economic growth in the 21st century.
Read full story

9/24/2020 U.S. Home Sales Spike in August, Highest Levels Since December 2006—World Property Journal

According to new data by the National Association of Realtors, existing U.S. home sales continued to climb in August 2020, marking three consecutive months of positive sales gains.
Read full story

9/24/2020 Wiesenberg and Caruso of CBRE act for Stillman Management Realty in 12,900 s/f lease—New York Real Estate Journal

CBRE arranged a 12,900 s/f lease for Stillman Management Realty at 440 Mamaroneck Ave.
Read full story

9/22/2020 “What would we discipline them for?”: Brokers deny discrimination at heated hearing—The Real Deal

One by one, Long Island real estate agents appeared before U.S. senators on Thursday to respond to allegations of discrimination stemming from a 2019 Newsday exposé.
Read full story

9/22/2020 State’s highest court dismisses property tax reform appeal—The Real Deal

The state’s highest court this week dismissed an appeal that sought to reform New York’s property tax system.
Read full story

9/22/2020 Latest NYC Developments Are Boutique Projects With Plenty of Outdoor Areas—Mansion Global

As space and privacy become ever more important to New York City buyers, developers are responding with boutique projects with fewer units and plenty of outdoor areas.
Read full story

9/21/2020 Commercial Closures Are Causing a Ripple Effect Impacting the Residential Sector—Mansion Global

When the coronavirus pandemic seized the U.S., Allen Morris had a plan for Maitland City Centre, a 220-apartment community with a 35,000-square-foot commercial space that claims a whole city block in Maitland, near Orlando, Florida.
Read full story

9/21/2020 Guest Commentary: Postwar Interracial Co-ops and the Struggle against Redlining—The Davis Vanguard

Levittown on Long Island in New York State is regarded as America’s first modern planned suburb.
Read full story

9/21/2020 East Rockaway Co-op—Patch.com

Harbor House Co-op This spacious unit is sure to please with a great layout and plenty of space.
Read full story

9/18/2020 Penthouse Atop a Prewar Manhattan Co-op Chops One-Third Off Its Listing Price, to $10 Million—Mansion Global

A penthouse in a prewar co-op building in Manhattan’s Upper East Side has chopped one-third, or $5 million, off its listing price—from $15 million to $10 million—due to a slow market caused by the Covid-19 pandemic.
Read full story

9/18/2020 City Council Passes Bill to Study Use of Drones for Building Facade Inspections—Greenpoint Post

The City Council passed a bill Wednesday that will require the city to explore the use of drones for building facade inspections.
Read full story

9/18/2020 Rockefeller family’s Manhattan apartment listed at $11.5M—Crain's New York Business

A Fifth Avenue co-op that belonged to former U.S. vice president Nelson Rockefeller, and has remained in his family for nearly 60 years, is seeking a new owner.
Read full story

9/18/2020 NYC’s newest buildings have COVID-era appeals — and deals—New York Post

According to the Real Estate Board of New York’s recent Q2 report, residential sales prices are down 13% year-over-year.
Read full story

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Recent Articles

NYC Metro #2 in the Nation on Utility Costs

NYC to Explore Using Drones for Facade Inspections

Where is the Apartment Market Headed?

Anatomy of a Condo Loan

Dealing With Construction Damage