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

New this week

EEOC Commission Guidance Suggests Mandating Vaccines May Be Permissible

BUT...Read the Fine Print - and Consult With Legal Counsel

According to a January 11 legal alert from the New York-based law firm of Tarter Krinsky & Drogin LLP, it may be possibl…

Expiring Eviction Moratoriums Spell Disaster for Thousands

Homelessness Advocacy Org Warns of Coming Crisis

‘Micro’ Management for Individual Condo and Co-op Unit Owners

Strange Times Call for Creative Approaches

New Paycheck Protection Program (PPP) Offers Relief to Co-ops

What We Know So Far

Staging for Sale in the Current Market

Keep it Clean, and Know Your Buyer

Management

Self-Management in Stressful Times

Some Communities Go it Alone—Others Outsource

While many condominium associations and co-op corporations hire professional property managers or management firms to ha…

Management

2021 January

Inspection Timetables

Maintaining Maintenance, Keeping Your Building Healthy

2021 January

Management in Crisis:

How the Pandemic Changed an Industry

2020 November

Virtual Governance

How Co-ops & Condos Hold Meetings Distantly

2020 August

Handling Harassment in Multifamily Housing

When Trash Talk Turns to Transgression

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'

Technology vs. COVID-19

Co-ops & Condos Use Tech Tools to Beat the Virus

It’s become axiomatic that over time, technology gets smaller, more efficient, and more capable of multiple increasingly…

2020 October

Supporting Essential Building Workers

How to Show Your Staff You Care

Conflict in Client Communities

What's the Manager's Role?

Managing Conflicts

How Managers Make Peace

Managing Multifamily Buildings

What Are the Biggest Challenges?

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

Climate Change & Building Maintenance:

The Chicken & the Egg

As we know, climate change has far-ranging effects on everything from polar ice caps to coastal shorelines to expanding …

2020 November

Cleaning Through COVID

Maintaining Sanitation—and Sanity—in Multifamily Housing

NYC to Explore Using Drones for Facade Inspections

City Council Orders DOB Study

Dealing With Construction Damage

Protecting Your Property and Residents

Seasonal Pests

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

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

Snow, Salt, & Scent Design

Preparing for Inclement Weather - and Moods

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?

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

1/15/2021 Green Stream Holdings Prepares for NE Solar Projects with New Production Space, Bringing HQ to 160 Imlay Street Location—StreetInsider.com

Green Stream Holdings Inc. (OTC PINK: GSFI) (“the Company”)(“Green Stream”) (http://www.GreenRainSolar.com), an emerging leader in the solar utility and finance space, announces today that it has officially relocated headquarters to its flagship project site 160 Imlay Street in Brooklyn, NY.
Read full story

1/14/2021 The landlord-tenant implications of New York’s new Covid Emergency Law—Real Estate Weekly

On December 28, 2020, the Governor signed into law the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020 (C19EPA), made effective immediately, and designed to do exactly what the title says: prevent evictions and foreclosures.
Read full story

1/12/2021 SBA Issues Regulations on New Round of PPP Loans—JD Supra

On January 6, 2021, the U.S. Small Business Administration and the Department of Treasury released interim final rules related to the expansion and extension of the original Paycheck Protection Program (PPP) and the authorization of a second round of PPP loans pursuant to the $900 billion COVID-19 relief package (the Consolidated Appropriations Act, 2021 (the “Act”)) enacted on December 27, 2020.
Read full story

1/12/2021 See How This Condo in a Former NYC School Got a Major Update—Yahoo! News

For many of us, it's easy to fall in love with an old building, quirks and all.
Read full story

1/11/2021 Let the LLC Unmasking Begin—Curbed

If you’re the oligarch buyer of a mega-apartment in New York, there’s a good chance — unless you’re a Trump or a Rybolovlev — that you don’t want to broadcast your purchase to the world.
Read full story

1/11/2021 Major Takeaways From NY's New Anti-Eviction Law—Law360

After New York's Legislature met for a rare year-end session to pass the COVID-19 Emergency Eviction and Foreclosure Prevention Act of 2020, we talked to experts to break down the new pandemic-era protections, stronger than anything renters have seen for months.
Read full story

1/8/2021 Nolan, Suozzi endorse Markell in crowded Northeast Queens council race—Queens Daily Eagle

Veteran Queens Assemblymember Cathy Nolan has endorsed Debra Markell in the race for Council District 23, becoming the latest lawmaker to back the community board district manager.
Read full story

1/8/2021 National Cooperative Bank Originates Over $151 Million for New York Area Cooperatives and Condominiums in November of 2020—Multifamily Biz

National Cooperative Bank (NCB), a leading lender to cooperative housing and condominiums throughout the Tri-State area, originated over $151 million in November to 15 New York area housing cooperatives and condominiums.
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1/8/2021 Cleaning house in co-ops and condominiums with legal counsel—New York Real Estate Journal

The COVID Pandemic has created some extra time for people to handle projects they might not otherwise have time for.
Read full story

1/8/2021 Actress Buys UES Duplex In One Of December's Priciest Deals—Patch.com

One of last month's top apartment sales in New York City occurred on the Upper East Side — and the buyer is a face familiar to many TV-watchers and theatergoers.
Read full story

1/6/2021 New modern condos set to replace crumbling storefront on Brooklyn corner—amNY

Back in August 2019, a distinctive, long-decaying building in Bed Stuy was suddenly demolished, with plans calling for a seven-story building with 40 residences.
Read full story

1/6/2021 8 Major NYC Projects Set To Deliver In 2021—Bisnow

After a year of upheaval for the New York City real estate market prompted by the coronavirus pandemic, some long-awaited projects are set to be delivered in 2021.
Read full story

1/6/2021 New York Real Estate Begins Its Recovery—The New York Times

As the last deals of 2020 have been tallied, the pandemic’s effect on the real-estate market has come into sharp relief.
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1/6/2021 Tom Brady and Gisele Bündchen sell their Tribeca apartment for $37M - $10M more than they paid for it in 2018 - less than a month after offloading their Massachusetts mansion and buying $17M home in Miami—Daily Mail

NFL star Tom Brady and supermodel wife Gisele Bundchen have sold off their homes in New York City and Massachusetts while consolidating properties as they gear up to move to 'Billionaire's Bunker' in Miami, now that Brady is playing with the Tampa Bay Buccaneers.
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1/4/2021 In the Covid-19 Era, Small Buildings Have Big Appeal—Mansion Global

Shreya, a homebuyer in Manhattan who prefers first-name-only identification for privacy, and her husband are about to become empty-nesters and are eager to get back to city life after years in the suburbs.
Read full story

1/4/2021 Housing co-ops and condominiums to receive funding in new COVID-19 relief bill—QNS.com

Queens housing co-ops and condominiums will be eligible to participate in the Paycheck Protection Program (PPP), after Congresswoman Grace Meng worked with her congressional colleagues and the President’s Co-op & Condo Council to provide relief.
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12/23/2020 Opinion: It’s Time to End Mandatory Inclusionary Housing. Here Are Some Alternatives—City Limits

It is time to end Mayor Bill de Blasio’s policy of trying to build “affordable” housing via his signature Mandatory Inclusionary Housing (MIH) program. The next administration and current mayoral candidates should develop alternatives.
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12/23/2020 The Need for Affordable Housing Continues to Pressure NYC—Multi-Housing News

Despite New York City’s efforts to solve affordability issues, the city’s deep housing crisis continues to persist.
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12/23/2020 Brooklyn developer starts spending $860M windfall—Real Estate Weekly

Fresh off an $860 million deal to sell his Brooklyn apartment portfolio, developer Joseph Brunner is already spending his earnings.
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12/23/2020 The Lower East Side: Where Historic Tenements Meet Glassy Towers—The New York Times

Richard Kimmel was drawn to the Lower East Side partly by “a lot of family history,” he said, including his great-grandmother, “who arrived at Ellis Island on the Fourth of July in 1890,” and made her way to the densely populated neighborhood that has long been a haven for immigrants of many origins, with Eastern European Jews predominating at the turn of the last century.
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Recent Articles

EEOC Commission Guidance Suggests Mandating Vaccines May Be Permissible

Expiring Eviction Moratoriums Spell Disaster for Thousands

‘Micro’ Management for Individual Condo and Co-op Unit Owners

New Paycheck Protection Program (PPP) Offers Relief to Co-ops

Q&A: Evaluating Board Meeting Minutes