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

New this week

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…

Extending Your Elevator's Life

What Can Boards Do?

Climate Act Compliance

Buildings Must Lower Emissions to Avoid Heavy Fines

A New Generation Joins the Co-op Board

The NYT Profiled Five New Board Members. Here Is One More.

Proposed Changes to How New York City Taxes Homeowners

Positive or Negative for an Already Nervous Market?

Management

Second Lawsuit Challenges Controversial Rent Rules

Realty Group Claims Law Hobbles Landlords

Passed last summer, New York’s Housing Stability and Tenant Protection Act (HSTPA) is facing a second lawsuit, reports …

Management

Major Building Construction Projects

Do You Have to Warn Your Neighbors?

Small Building Challenges

Tech to the Rescue?

Conflict in Client Communities

What's the Manager's Role?

2019 November

Inheriting Co-op Shares

Legal and Procedural Considerations

Finance

FHA Eases Financing Regs

Good News for First-Time Homebuyers

The Federal Housing Administration (FHA), which insures mortgages made by private lenders and banks, will ease condo …

Finance

2019 October

Protecting Your Reserve Funds

Prudent Investing Is Key

2019 October

The New York City Department of Finance

A Look at the City’s Money Managers

Paying off Underlying Mortgages

The Pros & Cons

Paying off Underlying Mortgages

The Pros & Cons

On The Board

NYC Luxury Market Takes a Dip

Multiple Factors Drive Prices Downward

After nearly a decade of expansion, New York’s luxury co-op and condominium market has taken an undeniable downturn—and …

2020 February

Bidding Basics

RFPs, Outsourcing, and Avoiding Conflicts

2020 February

Managing Conflict

When Boards and Residents Take Sides

The NY Policy Holders Protection Act

What's it to You?

Updating Your Documents

Is it Time for a Facelift?

Managing Conflicts

How Managers Make Peace

Living in a multifamily dwelling requires tolerance for other people, particularly when those people are noisy, smelly, …

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

Manager Autonomy

How Much Do You Have?

Residents and Mental Health

What Should a Board Do if Someone is Struggling?

When a resident is, or appears to be struggling with mental health issues, knowing what to do or how to help can be a to…

Board Malfeasance

What to Do if You Suspect Foul Play

Managing Smaller Buildings

How Size Matters

What Traits Characterize the Best Functioning Boards?

(Hint: It's Communication!)

Love Thy Neighbor, But Not Their Issues - Addressing Quality of Life Conflicts Between Residents

Presented by Kagan Lubic Leper Finkelstein & Gold LLP - 2017 Cooperator Expo New York

Maintenance

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

DOB Expedites New Façade Inspection Rules

Physical Inspections to Replace Visual-Only Methods

How Often Should Windows Be Cleaned & Inspected?

The Answer..is Clear

NYC's New Multifamily Fire Safety Requirements

Is Your Building Prepared?

Assessing Your Building's Fire Safety Needs

How the Pros Do It

Glass vs. Masonry

Which Façade Reigns Supreme?

Over the past two decades, New Yorkers have become increasingly used to seeing tall, reflective, glass residential tower…

Pre-Winter Maintenance

Roof, Boiler, and a Few Points in Between

2019 March

Facade Repair and Restoration

How to Know When It’s Time

2019 March

Exterior Cleaning

Cleanliness and Curb Appeal

2019 March

Maintaining Exterior Spaces

Safety, Longevity, and Aesthetics

Lobby Decor

To Furnish, or Not to Furnish?

While not usually considered an amenity per se, an elegantly appointed lobby can be both a draw for prospective purchase…

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?

Decision 2016: Oil or Gas

The Latest on How to Handle Heating

2015 March

A Clear View

What’s New in Window Trends and Technology?

Organizations

A Tale of Two Co-ops

HDFCs in the Post-Gentrification Age

SEIU-32BJ Gives Amazon HQ an OK

Nation's Biggest Property Service Workers Union Approve of LIC Location

The Cooperator Expo New York Returns to Javits Thursday October 11th

Second Annual Fall Trade Show Will Draw Thousands

Void Where Prohibited

Local Group Challenges Use of 'Mechanical Void' to Heighten Condo Tower

CAI Big Apple Chapter Comes to Fruition

A Co-op, Condo, HOA Resource for New York City

Design

Fitting in Fitness

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

Built-In Apartment Features

A Matter of Personal Taste and Style

Repurposing Unused Space

Making Amenities Out of Nothing

The Latest in Green Design

Wellness, Sustainability and the Future of Residential Development

Alteration Agreements

The Prerequisite to Any Project

Insurance

Warranties and Service Agreements

What You Should Know About Coverage

Combatting Kickbacks

Spotting and Stopping Fraud in Your Community

Directors and Officers Insurance

Must-Have, Or Luxury?

Boards' Biggest Insurance Blunders

...and How to Avoid Them

The Chain of Communication

Establishing Connections – and Boundaries – Between Board and Residents

Events

Tue, Mar 3, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Mar 3, 9:00pm – 12:00am add to calendar 03-03-2020 21:00 04-03-2020 00:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page.

Tue, Mar 10, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Mar 10, 8:00pm – 11:00pm add to calendar 10-03-2020 20:00 10-03-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Mar 17, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Mar 17, 8:00pm – 11:00pm add to calendar 17-03-2020 20:00 17-03-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Mar 24, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Mar 24, 8:00pm – 11:00pm add to calendar 24-03-2020 20:00 24-03-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Mar 31, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Mar 31, 8:00pm – 11:00pm add to calendar 31-03-2020 20:00 31-03-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Apr 7, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Apr 7, 8:00pm – 11:00pm add to calendar 07-04-2020 20:00 07-04-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Apr 14, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Apr 14, 8:00pm – 11:00pm add to calendar 14-04-2020 20:00 14-04-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Apr 21, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Apr 21, 8:00pm – 11:00pm add to calendar 21-04-2020 20:00 21-04-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Apr 28, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Apr 28, 8:00pm – 11:00pm add to calendar 28-04-2020 20:00 28-04-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, May 5, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, May 5, 8:00pm – 11:00pm add to calendar 05-05-2020 20:00 05-05-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, May 12, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, May 12, 8:00pm – 11:00pm add to calendar 12-05-2020 20:00 12-05-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, May 19, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, May 19, 8:00pm – 11:00pm add to calendar 19-05-2020 20:00 19-05-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, May 26, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, May 26, 8:00pm – 11:00pm add to calendar 26-05-2020 20:00 26-05-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Jun 2, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jun 2, 8:00pm – 11:00pm add to calendar 02-06-2020 20:00 02-06-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Jun 9, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jun 9, 8:00pm – 11:00pm add to calendar 09-06-2020 20:00 09-06-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Jun 16, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jun 16, 8:00pm – 11:00pm add to calendar 16-06-2020 20:00 16-06-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Jun 23, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jun 23, 8:00pm – 11:00pm add to calendar 23-06-2020 20:00 23-06-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Jun 30, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jun 30, 8:00pm – 11:00pm add to calendar 30-06-2020 20:00 30-06-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Jul 7, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 7, 8:00pm – 11:00pm add to calendar 07-07-2020 20:00 07-07-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Tue, Jul 14, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 14, 8:00pm – 11:00pm add to calendar 14-07-2020 20:00 14-07-2020 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY

NYC DOB: Homeowners Night

Show more events

News

2/26/2020 Matt Damon’s Brooklyn Heights condo is in an old Jehovah’s Witnesses building. What became of all these properties?—Brooklyn Daily Eagle

A property the Jehovah’s Witnesses sold when they moved their world headquarters out of Brooklyn Heights to upstate New York is now a condo building where Matt Damon reportedly bought the penthouse.
Read full story

2/26/2020 Roman and Williams’s long-awaited High Line condo finally welcomes buyers—Curbed

Buyers at JDS Development Group and Largo’s swanky Art Deco-inspired condo The Fitzroy can let out a collective sigh of relief: Four and a half years after launching sales, closings have finally begun at the High Line-adjacent building.
Read full story

2/26/2020 Permits Filed For 2080 Boston Road In West Farms, The Bronx—New York YIMBY

Permits have been filed for a 16-story residential building at 2080 Boston Road in West Farms, The Bronx. Located at the intersection of East 180th Street and Boston Road, the corner lot is two blocks north of the West Farms Square-East Tremont Avenue subway station, serviced by the 2 and 5 trains. Non-profit developer Phipps Houses and the Boston Tremont Housing Development Fund Corporation are listed as the owners behind the applications.
Read full story

2/26/2020 N.Y. judge rules against luxury 'Two Bridges’ development that de Blasio had embraced—NY Daily News

The L in LES doesn’t stand for luxury. A state judge barred a developer from building four high-rise towers that had been set to offer hundreds of pricey apartments.
Read full story

2/26/2020 Chase Will Open Bank Branch at Silverback’s LIC Condos—Connect New York

Chase Bank will open a new retail location at the base of HERO LIC, the new luxury residential condominium by Silverback Development in Long Island City. The 3,697-square-foot commercial space has been leased for a 10-year term.
Read full story

2/26/2020 Setting Up Your New Space—The New York Times

Congratulations! You made it through the stressful process of finding and signing for your new home. Hopefully you’ve already Marie Kondo’d your things and packed thoughtfully (and hey, even if you didn’t, I’m proud of you for doing your best). Now it’s time to focus on the other half of moving: Prepping your new space before you get there.
Read full story

2/26/2020 ‘Buyer’s Market’ on the UWS; Latest Streeteasy Data Shows Home Sales Prices Dipping—West Side Rag

While Upper West Side home prices are still astronomical based on most metrics, they’ve been dropping in the past year, according to the latest data from Streeteasy.
Read full story

2/25/2020 Waldorf’s Luxury Condos to Debut in Manhattan Market Glut—Bloomberg

New York’s shuttered Waldorf Astoria will re-emerge this week as a condo building, testing whether nostalgia for a cherished landmark can spark high-dollar deals in a market glutted with luxury homes.
Read full story

2/24/2020 Is it a support animal… or a wolf? New rules take the stress out of screening—Real Estate Weekly

The stress and strain of city living is driving more New Yorkers to share their home with outlandish pets they claim bring them “emotional support.” They are cozying up with everything from tarantulas and snakes to wolves and wild cats and setting their climate-controlled units to equatorial temperatures to make their crazy critters feel at home.
Read full story

2/24/2020 Have you seen the Jehovah’s Witnesses hotel that will house formerly homeless New Yorkers?—Brooklyn Daily Eagle

Three thumbs up from Eric Adams. Brooklyn’s Borough President has approved plans for three affordable housing developments for which zoning changes are being sought. Two of the projects focus on seniors and formerly homeless people.
Read full story

2/24/2020 Complaint Portal Launches for Housing Discrimination Based on Source of Income—Long Island Press

A new online complaint portal is now available for New York State residents to report if they suspect that they have been subject to discrimination based on their source of income when trying to buy or rent housing.
Read full story

2/24/2020 House bill would extend VA loans to co-ops—Housing Wire

A new bill in the House of Representatives would make cooperatively owned units, or co-ops, eligible for mortgages backed by the Department of Veterans Affairs.
Read full story

2/24/2020 Anne Hathaway lists stunning Upper West Side penthouse for $3.5M—Curbed

Academy Award-winning actress Anne Hathaway has just listed her lovely Upper West Side penthouse, which she bought with her husband Adam Shulman back in 2016, the Wall Street Journal first reported. Asking $3.495 million, the two-bedroom, two-bathroom co-op is located in the Upper West Side/Central Park West historic district.
Read full story

2/24/2020 Turn Vacant NYC Lots Into Affordable Homes, Officials Say—Patch.com

A now-vacant lot in Bed-Stuy could sprout 12 new, affordable housing units with deeds in the hands of whoever lives there. And similar abandoned city-owned spots across Brooklyn and the city can do the same.
Read full story

2/24/2020 Ceruzzi Properties Secures $350 Million Loan at ‘The Centrale’ NYC Luxury Tower—Yahoo! Finance

Ceruzzi Properties has secured the next phase of financing at The Centrale, the luxury residential condominium tower at 138 East 50th Street in the Midtown East neighborhood of Manhattan.
Read full story

2/24/2020 How the Upper West Side escaped Manhattan’s falling property prices—Financial Times

Buying in a Manhattan co-op is one of New York’s more nerve-racking property experiences. Unlike modern condo units, where buyers own the apartment itself, residents in a co-op own a share of the building and the right to occupy their apartment. One result is that prospective buyers must be vetted by a resident-composed board.
Read full story

2/24/2020 Judge Upholds $6.7 Million Ruling For 5Pointz Graffiti Artists—CBS 2 New York

A New York appeals court has upheld a ruling to pay a group of graffiti artists $6.7 million. Developer Jerry Wolkoff asked the artists in 2002 to convert the dilapidated warehouses in Long Island City, Queens. The project became known as “5Pointz” and became a tourist attraction
Read full story

2/21/2020 ‘Secret’ entrances help new NYC condos stand out — by blending in—New York Post

Thanks to New York City’s jigsaw puzzle of unusually shaped property parcels, architects and developers of new condos are getting creative when it comes to designing entrances.
Read full story

2/21/2020 Riding the Crest of the CRE Wave Without Falling Off—Commercial Property Executive

The economy is robust, interest rates are at historic lows, and demand for commercial real estate continues to be strong at the macro level. Still, investors and developers should be aware of subtle shifts in micro-level markets and be prepared to adjust their activity.
Read full story

2/21/2020 Suffolk County To Attempt To Ban Smoking In Private Homes—WLNY CBS News

Is one suburban county going too far trying to legislate what residents can and cannot do in the privacy of their own homes?
Read full story

Show more news

Recent Articles

Spring Maintenance

Extending Your Elevator's Life

Climate Act Compliance

A New Generation Joins the Co-op Board

Proposed Changes to How New York City Taxes Homeowners