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

New this week

Sales in the Age of Coronavirus

Realtors Find Workarounds for Buyers & Sellers

Disruption, shuttered businesses, social distancing....Not the best conditions for buying or selling a co-op or condo. Y…

Multifamily Developers Experiencing Pandemic-Related Delays

Construction Resuming - Slowly - as States Open Up

Important COVID-19 Reporting Updates from OSHA

New Recording Requirements May Impact Some Buildings & HOAs

NYC Benchmarking Filings Postponed

A Harbinger of Things to Come?

Tracking Tax Revenue Losses During the Coronavirus Crisis

REBNY Launches New Monthly Report

Management

Reopening Your Community

IREM Offers a Roadmap

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

Management

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

The Cooperator Events presents a virtual town hall sponsored by FirstService Residential Wednesday May 6 at 2:00 PM

The Fight Against COVID-19: Keeping Your Community Clean & Your Staff Safe

April 23, 2020

COVID-19 Cases Plateauing in Some Areas

Not the Time to Relax, Say Experts

Finance

Co-ops, Condos, HOAs & PPP Loans

Confusion Abounds for Communities Seeking Fed Assistance

While individuals and businesses across the country and around the globe attempt to maintain some semblance of stability…

Finance

March 26, 2020

Appraisals and Loan Processing in the COVID-19 Crisis

Business as (Un)usual

March 20, 2020

Coronavirus & the NYC Market

Past Crises Suggest Reason for Hope

New Law Could Cap Maintenance & Common Charge Increases

Some Predict Trouble for Multifamily Communities & Owners

Proposed Changes to How New York City Taxes Homeowners

Positive or Negative for an Already Nervous Market?

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 a virtual town hall sponsored by Gallet Dreyer & Berkey, LLP Wednesday May 13 at 2:00 PM

COVID, Communications, & the Law - Practical Advice for Boards & Managers

April 9, 2020

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

Helping Older Neighbors During the COVID-19 Pandemic

4 Things You Can Do

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

March 20, 2020

Vulnerable Residents

Safety for All

Conflict in Client Communities

What's the Manager's Role?

Managing Conflicts

How Managers Make Peace

Managing Multifamily Buildings

What Are the Biggest Challenges?

Maintenance

DOB Announces Amnesty for FISP Inspections

Deadline Extended for Buildings That Failed to File

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

2020 April

When Interior Renovations Become Exterior Issues

Coping With Construction

March 20, 2020

Multifamily Cleaning & Hygiene Tips

Keeping Your Community Safe

Maintaining Air Quality

Managing the Indoor Environment

Window Deterioration

Recognizing the Main Culprits

When Interior Renovations Become Exterior Issues

Coping With Construction

The proliferation of new luxury condos in New York and other dense metropolitan areas has upped the ante on amenities an…

Window Deterioration

Recognizing the Main Culprits

Local Law 97

How Will it Affect Your Building?

Spring Maintenance

Warmer Days Ahead

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

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

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

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

Design

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?

Built-In Apartment Features

A Matter of Personal Taste and Style

Repurposing Unused Space

Making Amenities Out of Nothing

Insurance

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

Combatting Kickbacks

Spotting and Stopping Fraud in Your Community

News

5/21/2020 Co-Op City, the ‘City Within A City’ in the Bronx, Shaken by Sickness and Fear—NBC New York

Tarhia Morton and her family were planning to party this year. She is retired after 40 years with the U.S. Postal Service. Her sister is turning 70. A birthday bash in Las Vegas was booked for August.
Read full story

5/21/2020 Brian D. Obergfell, Robyn DesHotel and Andrew Reicher join the Board of Directors for National Cooperative Bank—Yahoo! Finance

National Cooperative Bank (NCB), a leading financial services company dedicated to providing banking products and services to cooperatives, their members and socially responsible organizations nationwide is pleased to welcome three new members to its board of directors.
Read full story

5/21/2020 Coronavirus News: Cuomo calls for outreach to hardest hit low-income areas—ABC 7 News

The Bronx has been hit harder by the coronavirus than any other place in the New York City metropolitan area. And within the Bronx, almost no place has been hit as hard as Co-op City.
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5/21/2020 New Yorkers find ways to cram in Pelotons amid coronavirus—NY Post

One week into New York’s stay-at-home order, Nicole Rosofsky couldn’t sleep. As her thoughts churned with coronavirus-fueled anxiety, the Upper East Sider focused on the one thing she could control: her exercise routine.
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5/21/2020 The Winners and Losers When New York’s Luxury Home Market Reopens—Bloomberg

At the start of 2020, New York’s luxury real estate market was finally showing signs of life. There was still a large oversupply of new condos on the market, but buyer and seller expectations—never aligned in the best of circumstances— were slowly beginning to move in tandem.
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5/21/2020 New York Lost Tens Of Millions In Real Estate Tax Revenue During The Pandemic—Forbes

New York State lost $139 million in tax revenue generated by a combination of residential and commercial real estate sales between March and April of this year and $72 million last month compared to April of 2019, a new report from the Real Estate Board of New York has found.
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5/21/2020 I On Politics—Queens Gazette

‘KEEP PROMISE FOR FEMA TO COVER FULL COST’: Congresswoman Carolyn B. Maloney, the Chairwoman of the Committee on Oversight and Reform, sent a letter on May 11 asking President Donald Trump to fulfill his commitment to authorize the Federal Emergency Management Agency (FEMA) to cover the full costs of New York’s emergency response to the coronavirus pandemic.
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5/20/2020 UWS Glass Condo Building Kills 28 Birds In 1 Day, Advocates Say—

Twenty-eight birds who died crashing into an Upper West Side condo building's reflective windows is just the latest bird-related tragedy since the building opened in 2017, advocates said this week.
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5/19/2020 Assembly Line At 570 Westminster Road: Neighbors Have Made over 1,500 Masks For Essential Workers—Bklyner.

Residents of the 570 Westminster Road co-op in Ditmas Park are a force to be reckoned with.
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5/19/2020 Perry Rosenstein: Building a Foundation for Art and Social Justice—In These Times

With the passing of Perry Rosenstein on April 3, In These Times lost a friend and American workers lost a champion.
Read full story

5/19/2020 The Richest Neighborhoods Emptied Out Most as Coronavirus Hit New York City—The New York Times

Hundreds of thousands of New York City residents, in particular those from the city’s wealthiest neighborhoods, left as the coronavirus pandemic hit, an analysis of multiple sources of aggregated smartphone location data has found.
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5/19/2020 New Rendering Revealed For RAMSA’s 42-Story Tower Planned At 3041 Broadway In Morningside Heights—NY YIMBY

The first official rendering surfaced in the YIMBY Forums of the 42-story mixed-use condominium building coming to 3041 Broadway in Morningside Heights. Also known as 100 Claremont Avenue, the tower is designed by Robert A. M. Stern Architects and will contain a mix of private residences and institutional space that includes offices, faculty housing, and classrooms.
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5/19/2020 Permits Filed For 32-14 111th Street In Corona, Queens—NY YIMBY

Permits have been filed for a seven-story residential building at 32-14 111th Street in Corona, Queens. Located between Astoria Boulevard and 111th Street, the corner lot is nearest the 111th Street subway station, serviced by the 7 train. Essex Plaza Management under the Astoria & 110th Street Associate is listed as the owner behind the applications.
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5/19/2020 Suozzi receives highest rating from the Queens Presidents’ Co-op and Condo Council—QNS.com

Congressman Tom Suozzi received an A+ rating from the Queens Presidents’ Co-op and Condo Council (PCCC) on Wednesday for his work on behalf of the co-op community and the 70,000 units of co-op housing represented by the organization.
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5/15/2020 Keeping Germs at the Front Door—Wall St. Journal

Le Corbusier’s fixation on modernity and cleanliness is trending as designers reimagine residential life post-Covid. His maxim “A house is a machine for living in,” is particularly apt now.
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5/13/2020 Permits Filed For Morris Adjmi-Designed 10 West 55th Street In Midtown, Manhattan—New York YIMBY

Permits have been filed for a 24-story mixed-use building at 10 West 55th Street in Midtown, Manhattan. Located between 5th and 6th Avenues, the through lot is close to the 5th Avenue-53 Street subway station, serviced by the E and M trains, and 57th Street station, serviced by the F train.
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5/12/2020 Rejected by Co-op, ‘Fire and Fury’ Author Michael Wolff Sues for Deposit—BNN Bloomberg

Author Michael Wolff is directing his own fire and fury at the founder of a Utah investment firm, claiming in a lawsuit that he’s been stiffed out of a $375,000 security deposit for a New York apartment.
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5/12/2020 Manhattan Sees Jump in Luxury Contracts—Mansion Global

Six contracts were signed in Manhattan last week at $4 million and above, representing a significant increase over the one contract logged the week prior. The mix was made up of two townhouses, two condos and two co-ops, according to the weekly Olshan Realty report, which tracks high-end contracts.
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5/11/2020 Emails My Mom Sent From Her NYC Co-op—Penelope Trunk (blog)

I stopped talking with my mom a few years ago. She might not have noticed at first. My brothers have all cut her off at times as well. But my mom is pragmatic. She knows she and my dad were terrible parents. She apologizes and by all accounts, she is a much more enjoyable person to be around when she is not raising kids.
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5/8/2020 The rich are sheltering from coronavirus in luxury retreats with guns—New York Post

It’s easier to cope with coronavirus lockdown when your backyard is thousands of acres of rolling hills, meadows and marshes.
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Recent Articles

Sales in the Age of Coronavirus

Multifamily Developers Experiencing Pandemic-Related Delays

Important COVID-19 Reporting Updates from OSHA

NYC Benchmarking Filings Postponed

Tracking Tax Revenue Losses During the Coronavirus Crisis