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

New this week

Report: $85M Penthouse That Comes With a Trip to Space Is Now Unlisted

And It's Not Because Someone Bought It

It sounded too good to be true when it was first publicized: buy an $85 million Manhattan penthouse condo, and you'll ge…

Pest Control Innovations

How Have Methods, Products, and Materials Evolved?

An Antidote to NYC’s Affordable Housing Crisis?

Mandatory Inclusion Policy Has Its Share of Criticism

Report: Amazon’s Bezos Buys NYC Condos for $80M

Tech Tycoon Reportedly Purchases Three Manhattan Apartments on Fifth Avenue

Official Calls for Investigation Into Condo Tower's Alleged Zoning Violation

It Could Mean the Removal of Five Floors

Management

Common Multifamily Safety & Security Mistakes

Is Your Building Making Them?

While crime rates have been falling consistently for decades -- even in large metropolitan areas -- security and safety …

Management

Companies Are Trying to Meet Elevator Safety Deadline by 2020

New Regulation Calls for Door Lock Monitoring in Elevators

Hiring a New Laundry Provider?

Key Questions to Ask

Residents and Mental Health

What Should a Board Do if Someone is Struggling?

2019 April

Keys, Key Fobs, and Door Codes

Controlling Access to Your Building

Finance

The New ‘Mansion Tax’: What Does It Mean for NYC Homeowners?

The Other Alternative Would've Been a Pied-a-Terre Tax

Taxes from the sales of multimillion-dollar homes are going up, thanks to the folks up in Albany. As part of New York S…

Finance

Long Island City Perseveres Despite Amazon Fall-Out

Residential Sales Still Rising After Retailing Giant Bails Out

Co-op, or Condo?

Comparing Financing, Debt-to-Income Ratio, & Flexibility: What Buyers Need to Know

Report: NYC's Congestion Pricing Plan Could Boost Home Values

There Is Precedence, According to a Researcher

Residential Development Comes to the Financial District

Office-to-Condo Conversions Move Full Steam Ahead

On The Board

Your Community's Bylaws

What Should the Average Resident Know?

While the average co-op shareholder or condo unit owner doesn't need to have an exhaustive knowledge of their building's…

2019 April

Access to Documents

Understanding Residents’ Access to Information

Board Malfeasance

What to Do if You Suspect Foul Play

The Biggest Legal Mistake Boards Make...

and How to Avoid It!

Real-World Security Concerns

What Should Your Building Be Concerned About?

Time to Call It Quits?

When Management Breaks Up With a Client Community

In a New York TImes “Ask Real Estate” letter from last December, a co-op shareholder lamented the sorry state of h…

Managing Smaller Buildings

How Size Matters

How Has the Manager's Role Changed Over Time?

New Decades, New Job Descriptions

What's the Most Challenging Aspect of Property Management?

Two Pros Weigh In

Switching Management Companies

What Documents Are Needed?

What Traits Characterize the Best Functioning Boards?

(Hint: It's Communication!)

Every board is as different as the communities they serve; what works for a luxury high-rise on Park Avenue might not be…

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

2014 February

Keeping Track of Paperwork

Properly Managing the Board’s Records

2014 February

Board Owner Do’s and Don’ts

What Makes a Board Successful

2014 February

Making the Switch

Transitioning From Sponsor to Owner Control

Maintenance

Elevators: When It’s Time to Consider an Upgrade

2 New Regulations Will Take Effect in the Coming Years

Upgrading an elevator is one of the most potentially disruptive - and expensive - projects a co-op or condo can undertak…

Going Up

What's New and Notable in Elevator Tech?

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

Building Demolition

Managing Chaos, Minimizing Disruption

Cities are crowded. That’s a simple fact. In the best of circumstances, there’s noise, dirt, dust, and the usual urban p…

Facade Inspections

What Do You Look For?

What Are the Biggest Landscaping Challenges in NYC?

(...aside from lack of actual land?)

Roof Decks: Things You Should Know Before Installing One

Having One Could Enhance Your Building

2018 March

Exterior Signage

Monetizing Your Outside Space

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

Hint: Keep it Clean!

Pests - whether they be of the rodent or insect variety - are gross. They're also potential disease vectors, particularl…

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?

2014 November

The Human Factor

What You Need to Know About Staff Management

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

The Latest in Green Design

Wellness, Sustainability and the Future of Residential Development

Alteration Agreements

The Prerequisite to Any Project

Design by Committee

Using Design Committees for Common Area Projects

How to Upgrade Your Kitchen Without Breaking the Bank

Simple Fixes Can Make a Big Difference

Extell Launches Sales at Central Park Tower

When Completed, It Will Be NYC's Tallest Residential Building

Insurance

Boards' Biggest Insurance Blunders

...and How to Avoid Them

The Chain of Communication

Establishing Connections – and Boundaries – Between Board and Residents

The Upsides of Board Service

Benefits, Rewards, and a Job Well Done

Responsibility for Repairs

Whose Insurance Pays?

The Risks of Being Un(or under-)Insured

Owners Uncovered

Events

Wed, Jun 19, 5:30pm – 7:30pm

IREM-NY: Annual Rooftop Cocktail Party

Wed, Jun 19, 5:30pm – 7:30pm add to calendar 19-06-2019 17:30 19-06-2019 19:30 America/New_York IREM-NY: Annual Rooftop Cocktail Party Cocktails. Hors d'oeuvres. Great views. Even better people. Wednesday, June 13th on the rooftop of 230 FIFTH. Tickets: $65.00 member/$75.00 non-member. For information, visit www.iremnyc.org 230 5th Ave, New York, NY 10001, USA MM/DD/YYYY

IREM-NY: Annual Rooftop Cocktail Party

Cocktails. Hors d'oeuvres. Great views. Even better people. Wednesday, June 13th on the rooftop of 230 FIFTH. Tickets: $65.00 member/$75.00 non-member. For information, visit www.iremnyc.org

230 5th Ave, New York, NY 10001, USA map

Thu, Jun 20, 6:00pm – 9:00pm

CAI-LI: Bowling Event

Thu, Jun 20, 6:00pm – 9:00pm add to calendar 20-06-2019 18:00 20-06-2019 21:00 America/New_York CAI-LI: Bowling Event Food and refreshments will be served. For information, visit www.cai-li.org. Bowlmor Long Island, 895 Walt Whitman Rd, Melville, NY 11747, USA MM/DD/YYYY

CAI-LI: Bowling Event

Food and refreshments will be served. For information, visit www.cai-li.org.

Bowlmor Long Island, 895 Walt Whitman Rd, Melville, NY 11747, USA map

Tue, Jun 25, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jun 25, 8:00pm – 11:00pm add to calendar 25-06-2019 20:00 25-06-2019 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

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.

Wed, Jun 26, 2:00pm – 3:00pm

CAI Webinar: #UnitOwnersToo Can Create Hostile Work Environments for Employees

Wed, Jun 26, 2:00pm – 3:00pm add to calendar 26-06-2019 14:00 26-06-2019 15:00 America/New_York CAI Webinar: #UnitOwnersToo Can Create Hostile Work Environments for Employees Community association managers can take preventative measures to avoid the increasing employer liability associated with the "Me Too" movement. The webinar will explain how the members of community associations can create hostile work environment liability for the association, and how boards can reduce this liability. For information, visit www.caionline.org. MM/DD/YYYY

CAI Webinar: #UnitOwnersToo Can Create Hostile Work Environments for Employees

Community association managers can take preventative measures to avoid the increasing employer liability associated with the "Me Too" movement. The webinar will explain how the members of community associations can create hostile work environment liability for the association, and how boards can reduce this liability. For information, visit www.caionline.org.

Tue, Jul 2, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 2, 8:00pm – 11:00pm add to calendar 02-07-2019 20:00 02-07-2019 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 9, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 9, 8:00pm – 11:00pm add to calendar 09-07-2019 20:00 09-07-2019 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

Wed, Jul 10, 2:00pm – 3:00pm

CAI Webinar: Finding Happiness: The Key to Fuel Success and Performance at Work

Wed, Jul 10, 2:00pm – 3:00pm add to calendar 10-07-2019 14:00 10-07-2019 15:00 America/New_York CAI Webinar: Finding Happiness: The Key to Fuel Success and Performance at Work Does success make you happy or does happiness makes you successful? For many of us, we always believed that if we had money, a great job, a nice car, then happiness would follow. But, recent discoveries have shown that this is incorrect, particularly at work Happiness does fuel success and improves performance at work. Studies show that if we are positive, our brains become more engaged, creative, motivated, energetic, resilient, and productive on the job. At a time when our society faces unusual polarization and conflict, happiness offers leaders the means to meet those challenges with clarity, openness, and compassion. For information, visit www.caionline.org. MM/DD/YYYY

CAI Webinar: Finding Happiness: The Key to Fuel Success and Performance at Work

Does success make you happy or does happiness makes you successful? For many of us, we always believed that if we had money, a great job, a nice car, then happiness would follow. But, recent discoveries have shown that this is incorrect, particularly at work Happiness does fuel success and improves performance at work. Studies show that if we are positive, our brains become more engaged, creative, motivated, energetic, resilient, and productive on the job. At a time when our society faces unusual polarization and conflict, happiness offers leaders the means to meet those challenges with clarity, openness, and compassion. For information, visit www.caionline.org.

Thu, Jul 11, 7:30am – 11:00am

Bisnow: Future of Harlem Summit

Thu, Jul 11, 7:30am – 11:00am add to calendar 11-07-2019 07:30 11-07-2019 11:00 America/New_York Bisnow: Future of Harlem Summit Harlem's cultural history will continue to be a driving factor for developers looking to add to the community density. As East Harlem and other sections of Upper Manhattan fall under the Opportunity Zone program os 2017, it will be interesting to see what sorts of new capital investments flood into the neighborhood and how local community leaders can work with developers to support Harlem's growth. Find out all the answers at Bisnow's Future of Harlem Summit. For information, visit www.bisnow.com. Location TBA MM/DD/YYYY

Bisnow: Future of Harlem Summit

Harlem's cultural history will continue to be a driving factor for developers looking to add to the community density. As East Harlem and other sections of Upper Manhattan fall under the Opportunity Zone program os 2017, it will be interesting to see what sorts of new capital investments flood into the neighborhood and how local community leaders can work with developers to support Harlem's growth. Find out all the answers at Bisnow's Future of Harlem Summit. For information, visit www.bisnow.com.

Location TBA map

Thu, Jul 11, 9:00am – 12:00pm

CAI: M-100: The Essentials of Community Association Management

Thu, Jul 11, 9:00am – 12:00pm add to calendar 11-07-2019 09:00 13-07-2019 12:00 America/New_York CAI: M-100: The Essentials of Community Association Management This comprehensive community association management course provides a practical overview for new managers, an essential review for veteran managers and an advanced course for board members. You’ll receive a 400-page participant guide filled with dozens of sample forms and time-saving tips for working with homeowners, vendors, managers and other professionals. Successful completion of this course is the first step in obtaining a professional designation in community association management. For information, visit www.caionline.org. Sheraton Hartford South Hotel, 100 Capital Blvd, Rocky Hill, CT 06067, USA MM/DD/YYYY

CAI: M-100: The Essentials of Community Association Management

This comprehensive community association management course provides a practical overview for new managers, an essential review for veteran managers and an advanced course for board members. You’ll receive a 400-page participant guide filled with dozens of sample forms and time-saving tips for working with homeowners, vendors, managers and other professionals. Successful completion of this course is the first step in obtaining a professional designation in community association management. For information, visit www.caionline.org.

Sheraton Hartford South Hotel, 100 Capital Blvd, Rocky Hill, CT 06067, USA map

Tue, Jul 16, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 16, 8:00pm – 11:00pm add to calendar 16-07-2019 20:00 16-07-2019 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

Wed, Jul 17, 6:00pm – 9:00pm

CAI-LI: Summertime Social

Wed, Jul 17, 6:00pm – 9:00pm add to calendar 17-07-2019 18:00 17-07-2019 21:00 America/New_York CAI-LI: Summertime Social For information, visit www.cai-li.org. Whalers, 124 Maple Ave, Bay Shore, NY 11706, USA MM/DD/YYYY

CAI-LI: Summertime Social

For information, visit www.cai-li.org.

Whalers, 124 Maple Ave, Bay Shore, NY 11706, USA map

Wed, Jul 17, 7:00pm – 8:00pm

CNYC: Onboarding New Board Members

Wed, Jul 17, 7:00pm – 8:00pm add to calendar 17-07-2019 19:00 17-07-2019 20:00 America/New_York CNYC: Onboarding New Board Members Newly elected board members need solid instruction and training to understand their roles and fiduciary duties. Operating a co-op or condo involves many of the same responsibilities as any other business, yet board members are volunteers who may not have experience in such matters. A proactive approach to onboarding new members sets the tone and positions the entire board for success. Management companies are an important partner in empowering new board members and helping them learn the ropes. Management Executive Dan Wurtzel will walk participants through best practices of onboarding new members .There is no fee for representatives of CNYC, FNYHC, CAI, CCC and ARC member cooperatives and condominiums to attend this session ; others are welcome at a fee of $50 if paid in advance or $75 at the door. Advance reservations are required. Call CNYC at (212) 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place. Location TBA MM/DD/YYYY

CNYC: Onboarding New Board Members

Newly elected board members need solid instruction and training to understand their roles and fiduciary duties. Operating a co-op or condo involves many of the same responsibilities as any other business, yet board members are volunteers who may not have experience in such matters. A proactive approach to onboarding new members sets the tone and positions the entire board for success. Management companies are an important partner in empowering new board members and helping them learn the ropes. Management Executive Dan Wurtzel will walk participants through best practices of onboarding new members .There is no fee for representatives of CNYC, FNYHC, CAI, CCC and ARC member cooperatives and condominiums to attend this session ; others are welcome at a fee of $50 if paid in advance or $75 at the door. Advance reservations are required. Call CNYC at (212) 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place.

Location TBA map

Tue, Jul 23, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 23, 8:00pm – 11:00pm add to calendar 23-07-2019 20:00 23-07-2019 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

Mon, Jul 29, 10:00am – 6:00pm

REBNY's Annual Golf & Tennis Outing

Mon, Jul 29, 10:00am – 6:00pm add to calendar 29-07-2019 10:00 29-07-2019 18:00 America/New_York REBNY's Annual Golf & Tennis Outing Player's Information: Golf Tournament: $500 includes breakfast, lunch, reception and dinner; Tennis Tournament: $400 includes breakfast, lunch, reception and dinner; All Day-No Tournament: $350 includes lunch, reception and dinner; Dinner Only with cocktails- $250. For information, visit www.rebny.com. North Shore Country Club, 500 Shore Rd, Glen Head, NY 11545, USA MM/DD/YYYY

REBNY's Annual Golf & Tennis Outing

Player's Information: Golf Tournament: $500 includes breakfast, lunch, reception and dinner; Tennis Tournament: $400 includes breakfast, lunch, reception and dinner; All Day-No Tournament: $350 includes lunch, reception and dinner; Dinner Only with cocktails- $250. For information, visit www.rebny.com.

North Shore Country Club, 500 Shore Rd, Glen Head, NY 11545, USA map

Tue, Jul 30, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Jul 30, 8:00pm – 11:00pm add to calendar 30-07-2019 20:00 30-07-2019 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, Aug 6, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Aug 6, 8:00pm – 11:00pm add to calendar 06-08-2019 20:00 06-08-2019 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, Aug 13, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Aug 13, 8:00pm – 11:00pm add to calendar 13-08-2019 20:00 13-08-2019 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

Wed, Aug 14, 9:00am – 11:00am

CAI-Hudson Valley: Industry Debates

Wed, Aug 14, 9:00am – 11:00am add to calendar 14-08-2019 09:00 14-08-2019 11:00 America/New_York CAI-Hudson Valley: Industry Debates Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.cai-hvny.org" target="_blank" id="ow381" __is_owner="true">https://www.cai-hvny.org</a>. Westchester Marriott, 670 White Plains Rd, Tarrytown, NY 10591, USA MM/DD/YYYY

CAI-Hudson Valley: Industry Debates

Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.cai-hvny.org"; target="_blank" id="ow381" __is_owner="true">https://www.cai-hvny.org</a>;.

Westchester Marriott, 670 White Plains Rd, Tarrytown, NY 10591, USA map

Wed, Aug 14, 1:00pm – 3:00pm

CAI-Hudson Valley: Industry Debates

Wed, Aug 14, 1:00pm – 3:00pm add to calendar 14-08-2019 13:00 14-08-2019 15:00 America/New_York CAI-Hudson Valley: Industry Debates Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.google.com/url?q=https://www.cai-hvny.org&sa=D&ust=1560799438900000&usg=AOvVaw3grvBhpSAWjUokiq_gpyw6" target="_blank">https://www.cai-hvny.org</a>. Homewood Suites by Hilton Newburgh-Stewart Airport, 180 Breunig Rd, New Windsor, NY 12553, USA MM/DD/YYYY

CAI-Hudson Valley: Industry Debates

Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.google.com/url?q=https://www.cai-hvny.org&sa=D&ust=1560799438900000&usg=AOvVaw3grvBhpSAWjUokiq_gpyw6" target="_blank">https://www.cai-hvny.org</a>;.

Homewood Suites by Hilton Newburgh-Stewart Airport, 180 Breunig Rd, New Windsor, NY 12553, USA map

Thu, Aug 15, 7:30am – 11:00am

Bisnow: Bronx State of the Market

Thu, Aug 15, 7:30am – 11:00am add to calendar 15-08-2019 07:30 15-08-2019 11:00 America/New_York Bisnow: Bronx State of the Market The Bronx is no longer the development secret of New York City and recent home sales confirm this: REBNY reported average home sales price in the Bronx rose 12% in the fourth quarter of 2018 from the same period in 2017 -- compared to sales declines in Manhattan, Brooklyn and Queens. The borough still continues to be a crucial affordable housing destination for low-to-middle income residents as elected officials make efforts to curb rising rental costs. How will developers and CRE professionals forecast the impact of an impending rent regulation battle-ground and these complex factors? Find out how at Bisnow's Bronx State of the Market! For information, visit www.bisnow.com. Location TBD MM/DD/YYYY

Bisnow: Bronx State of the Market

The Bronx is no longer the development secret of New York City and recent home sales confirm this: REBNY reported average home sales price in the Bronx rose 12% in the fourth quarter of 2018 from the same period in 2017 -- compared to sales declines in Manhattan, Brooklyn and Queens. The borough still continues to be a crucial affordable housing destination for low-to-middle income residents as elected officials make efforts to curb rising rental costs. How will developers and CRE professionals forecast the impact of an impending rent regulation battle-ground and these complex factors? Find out how at Bisnow's Bronx State of the Market! For information, visit www.bisnow.com.

Location TBD map

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News

6/18/2019 Manhattan’s Luxury Homes Are Still ‘Overpriced’: Report - Mansion Global

Manhattan's luxury housing market logged another moderately strong week, though overpriced homes continue to languish on the market for months if not years, according to a roundup of pending sales from Olshan Realty on Monday.
Read full story

6/18/2019 Historic Clinton Hill condo with swoon-worthy backyard wants $2.5M - Curbed

Just in time for summer, a Clinton Hill apartment with an enviable amount of outdoor space is on the market for $2.5 million.
Read full story

6/18/2019 Landlords must spend $20 billion for carbon cuts - Crain's New York Business

Two months ago the City Council mandated some of the most ambitious carbon-cutting goals in the country when it passed a package of laws that will require large buildings here to cut their emissions by 40% by 2030.
Read full story

6/18/2019 Community land trusts score crucial funds in city budget - Curbed

The latest city budget includes $750,000 to grow an underutilized housing model that creates affordable homes in rapidly gentrifying communities—a major win for housing advocates.
Read full story

6/18/2019 Anonymous buyer shells out $39M for 220 Central Park South condo - The Real Deal

A second anonymous buyer snapped up a pad at Vornado Realty Trust’s 220 Central Park South in recent months, as the limestone tower nears completion.
Read full story

6/17/2019 How New York’s Skyline Is Changing to Give the Wealthy a Better View - NY Times

Many of the new buildings are luxury residential high-rises, part of a trend in major cities around the world fueled by increased land and construction costs and by more demand from high-end buyers.
Read full story

6/17/2019 This Empty Lot Is Worth Millions. It’s Also an African-American Burial Ground. - NY Times

The flier advertising a near-one-acre plot of land for sale in Elmhurst, Queens, looks like a typical real estate listing.
Read full story

6/17/2019 New looks at Crown Building’s ultraluxury condo conversion - Curbed

There’s no shortage of over-the-top, high-priced condos in Manhattan, but one ultra-luxury project near the sky-piercing skyscrapers of Billionaires’ Row that has managed to fly somewhat under the radar.
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6/17/2019 Tenant advocates and real estate insiders react to New York’s rent law reform - Curbed

A sweeping series of reforms that would strengthen rent regulation protections and extend them to renters across New York state have passed in the state Senate and are poised to do the same in the Assembly, one day before the state’s current rent regulation package is set to expire.
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6/14/2019 Deadline Approaching for Elevator Upgrades - NY Times

A New York City regulation that requires the installation of door-lock monitors on elevators by the end of the year is starting to cause bottlenecks in work at elevator consultancy and maintenance companies, catching some co-op and condo boards off guard at the long wait times they face to get the work done.
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6/14/2019 Looming tax changes have city buyers fast-tracking luxury purchases - Crain's New York Business

The year in luxury real estate has been marked by a string of major purchases: Ken Griffin's $238 million Central Park penthouse, a record-breaking $77.1 million Upper East Side town house sale and an $80 million buy from Amazon's Jeff Bezos for three apartments at 212 Fifth Ave. in NoMad.
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6/14/2019 Cameron Diaz’s former West Village pad hits market for $4M - NY Post

Actress Cameron Diaz made a killing on this West Village condo, which she bought for $2.95 million in 2008 and sold for $4.25 million in 2016.
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6/14/2019 City Council resolution supports aggressive state bills to cap ceiling heights - Curbed

Last month the City Council voted to strengthen restrictions on excessive mechanical spaces used to beef up building heights. Now, a pair of council members are throwing their weight behind state efforts to make it even harder for developers to exploit those spaces.
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6/14/2019 New Yorkers, how safe is the elevator in your building? The Real Deal (subscription required)

Any building with a violation will include a description of the issue and the penalty imposed, as well as whether the problem is still ongoing.
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6/13/2019 Chelsea condo once owned by NSYNC member Lance Bass is asking $2.5M - 6sqft

A two-bedroom condo in Chelsea once owned by boy band star Lance Bass hit the market this week for $2.5 million, as first reported by the New York Post.
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6/13/2019 A sham $85M Manhattan condo listing has been pulled from the market - The Real Deal

The listing for a phony $85 million penthouse at the Atelier is no more.
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6/13/2019 Maisonette in Jackie O’s old Fifth Ave. co-op building asks $4M - NY Post

A ground-floor maisonette at 1040 Fifth Ave., the Rosario Candela-designed building that was famously home to Jackie Kennedy Onassis, is on the market for $3.99 million.
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6/13/2019 You Make the Call: Seeking the Best Two-Bedroom Condo in Williamsburg - NY Times

After living in San Francisco for six years, Winson Wong came to New York, primarily for work. But he had other reasons, too.
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6/13/2019 Wealthy, older Manhattanites benefit most from rent regulation: report - Curbed

A new analysis by the Wall Street Journal finds that New York’s rent regulation laws affect wealthy, white residents of Manhattan more favorably than the city’s low-income tenants.
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6/13/2019 ‘Salt queen’ artist’s FiDi condo returns for 40 percent off - NY Post

Artist Bettina Werner — the “salt queen” known for her pieces made out of salt crystals — will take a hit on her FiDi condo at 15 Broad St.
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