Home A-Loan The Lowdown on Reverse Mortgages

By Cooperator Staff 2004 Jul Finance

"¢ Borrower must be age 62 or older

"¢ No monthly payment is required

"¢ Must obtain co-op board approval in most cases

"¢ Proceeds can be used for any purpose

"¢ No financial reports, credit history or medical reports required

Capital Reserve Funds

How Much Do You Really Need?

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

There Is Precedence, According to a Researcher

An Antidote to NYC’s Affordable Housing Crisis?

Mandatory Inclusion Policy Has Its Share of Criticism

Comments

55hisako@gmail.com on Wednesday, August 13, 2008 12:32 AM

Under what cercumstance co op refuse for me to get home equity loan? I am 62 years old and I would like to get a half million loan aginst debt free, owned 2 million plus co-op.

Events

Tue, Sep 24, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Sep 24, 8:00pm – 11:00pm add to calendar 24-09-2019 20:00 24-09-2019 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.

Tue, Sep 24, 7:00pm – 8:00pm

CNYC: Navigating City Websites to Check Your Building's Status

Tue, Sep 24, 7:00pm – 8:00pm add to calendar 24-09-2019 19:00 24-09-2019 20:00 America/New_York CNYC: Navigating City Websites to Check Your Building's Status Indispensable for board members in self-managed buildings, this class will be of interest to others as well. Rebecca Poole will provide guidance (and a long list of links) to enable you to check your building’s status with the Department of Finance, the Department of Buildings, HPD, DEP and any other agencies where you have forms to file, reports to register. etc. Representatives of CNYC member cooperatives and condominiums and those that are members of FNYHC, ARC, CCC, UHAB and Big Apple CAI attend at no cost, but advanced registration is required. Non- members are very welcome at a fee of $60, payable in advance. Reserve your place by calling CNYC at (212) 496-7400 or register by e-mail to workshops@CNYC.coop. To pay at the door, preregister and add $15. Location TBA MM/DD/YYYY

CNYC: Navigating City Websites to Check Your Building's Status

Indispensable for board members in self-managed buildings, this class will be of interest to others as well. Rebecca Poole will provide guidance (and a long list of links) to enable you to check your building’s status with the Department of Finance, the Department of Buildings, HPD, DEP and any other agencies where you have forms to file, reports to register. etc. Representatives of CNYC member cooperatives and condominiums and those that are members of FNYHC, ARC, CCC, UHAB and Big Apple CAI attend at no cost, but advanced registration is required. Non- members are very welcome at a fee of $60, payable in advance. Reserve your place by calling CNYC at (212) 496-7400 or register by e-mail to workshops@CNYC.coop. To pay at the door, preregister and add $15.

Location TBA map

Thu, Sep 26, 7:30am – 11:00am

Bisnow: Long Island City and Queens Annual Conference

Thu, Sep 26, 7:30am – 11:00am add to calendar 26-09-2019 07:30 26-09-2019 11:00 America/New_York Bisnow: Long Island City and Queens Annual Conference Long Island City alone has substantial real estate development in the pipeline. There is 466K SF of additional retail expected by 2021, on top of the existing 488K SF of retail in mixed-use and renovated commercial properties. There are also 10,500 new units due by 2021 -- more than half the 19,680 units built since 2006. For information, visit www.bisnow.com. One Court Square, 25-01 Jackson Ave, Long Island City, NY MM/DD/YYYY

Bisnow: Long Island City and Queens Annual Conference

Long Island City alone has substantial real estate development in the pipeline. There is 466K SF of additional retail expected by 2021, on top of the existing 488K SF of retail in mixed-use and renovated commercial properties. There are also 10,500 new units due by 2021 -- more than half the 19,680 units built since 2006. For information, visit www.bisnow.com.

One Court Square, 25-01 Jackson Ave, Long Island City, NY map

Thu, Sep 26, 9:00am – 12:00pm

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

Thu, Sep 26, 9:00am – 12:00pm add to calendar 26-09-2019 09:00 28-09-2019 12:00 America/New_York CAI: M-100: The Essentials of Community Association Management Successful community management starts with the essentials! 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. Successful completion of the M-100 can be the first step toward earning the CMCA credential, awarded by CAMICB. For information, visit www.caionline.org. White Plains, NY, USA (Location TBA) MM/DD/YYYY

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

Successful community management starts with the essentials! 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. Successful completion of the M-100 can be the first step toward earning the CMCA credential, awarded by CAMICB. For information, visit www.caionline.org.

White Plains, NY, USA (Location TBA) map

Thu, Sep 26, 4:00pm – 5:00pm

FirstService Residential: Capital Improvements: Increasing and Stabilizing Property Value in Today's Market

Thu, Sep 26, 4:00pm – 5:00pm add to calendar 26-09-2019 16:00 26-09-2019 17:00 America/New_York FirstService Residential: Capital Improvements: Increasing and Stabilizing Property Value in Today's Market We will discuss various ways for your property to stay relevant in this ever-changing market. Topics include: reimagining amenities; mechanical energy conservation measures; interior solutions; and exterior projects. More topics to be announced. 622 3rd Ave, 14th FL New York, NY 10017, USA MM/DD/YYYY

FirstService Residential: Capital Improvements: Increasing and Stabilizing Property Value in Today's Market

We will discuss various ways for your property to stay relevant in this ever-changing market. Topics include: reimagining amenities; mechanical energy conservation measures; interior solutions; and exterior projects. More topics to be announced.

622 3rd Ave, 14th FL New York, NY 10017, USA map

Tue, Oct 1, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 1, 8:00pm – 11:00pm add to calendar 01-10-2019 20:00 01-10-2019 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

Thu, Oct 3, 7:00pm – 8:00pm

CNYC: Impact of the New State Rent Law on Co-ops and Condos

Thu, Oct 3, 7:00pm – 8:00pm add to calendar 03-10-2019 19:00 03-10-2019 20:00 America/New_York CNYC: Impact of the New State Rent Law on Co-ops and Condos Sweeping rent regulations passed in Albany in June imposes many compliance requirements on transactions in cooperatives and some in condominiums, by virtue of generalized 'lease' requirements in part M of this 74 page law. CNYC president Marc Luxemburg, Esq. will be joined by Peter Massa, Esa. to review the many new requirements of the law and suggest remedies that your cooperative or condominium may wish to adopt. CNYC is working for corrective legislation to exempt cooperatives and condominiums from the requirements of Part M when the legislature meets again in 2020, and will enlist your help in this endeavor. Board members, shareholders, unit owners and management personnel for cooperatives and condominiums that are members of CNYC, FNYHC, ARC, CCC, UHAB and NAHC are welcome at no charge, but advance reservations are required; others are welcome at a fee of $60 if paid in advance or $75 at the door. Call CNYC at 212496-7400 or register online www.CNYC.coop. Location TBA MM/DD/YYYY

CNYC: Impact of the New State Rent Law on Co-ops and Condos

Sweeping rent regulations passed in Albany in June imposes many compliance requirements on transactions in cooperatives and some in condominiums, by virtue of generalized 'lease' requirements in part M of this 74 page law. CNYC president Marc Luxemburg, Esq. will be joined by Peter Massa, Esa. to review the many new requirements of the law and suggest remedies that your cooperative or condominium may wish to adopt. CNYC is working for corrective legislation to exempt cooperatives and condominiums from the requirements of Part M when the legislature meets again in 2020, and will enlist your help in this endeavor. Board members, shareholders, unit owners and management personnel for cooperatives and condominiums that are members of CNYC, FNYHC, ARC, CCC, UHAB and NAHC are welcome at no charge, but advance reservations are required; others are welcome at a fee of $60 if paid in advance or $75 at the door. Call CNYC at 212496-7400 or register online www.CNYC.coop.

Location TBA map

Sat, Oct 5, 9:00am – 3:00pm

CAI-LI: Annual Trade Show

Sat, Oct 5, 9:00am – 3:00pm add to calendar 05-10-2019 09:00 05-10-2019 15:00 America/New_York CAI-LI: Annual Trade Show Are You A Board Member of a Co-op, Condo or HOA? Then you won’t want to miss this show! Board members and residents will find this educational event to be a valuable tool in finding service providers, meeting other Board Members and learning useful information regarding all practical matters of community living. For information, visit <a href="http://www.cai-li.org">www.cai-li.org</a>, or contact Christopher Byrnes or Eric Clemente: 631-882-8683, info@cai-li.org.  Hilton Long Island/Huntington, 598 Broadhollow Rd, Melville, NY 11747, USA MM/DD/YYYY

CAI-LI: Annual Trade Show

Are You A Board Member of a Co-op, Condo or HOA? Then you won’t want to miss this show! Board members and residents will find this educational event to be a valuable tool in finding service providers, meeting other Board Members and learning useful information regarding all practical matters of community living. For information, visit <a href="http://www.cai-li.org">www.cai-li.org</a>;, or contact Christopher Byrnes or Eric Clemente: 631-882-8683, info@cai-li.org. 

Hilton Long Island/Huntington, 598 Broadhollow Rd, Melville, NY 11747, USA map

Tue, Oct 8, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 8, 8:00pm – 11:00pm add to calendar 08-10-2019 20:00 08-10-2019 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, Oct 15, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 15, 8:00pm – 11:00pm add to calendar 15-10-2019 20:00 15-10-2019 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, Oct 16, 7:00pm – 8:00pm

CNYC's Proprietary Lease for the New Millennium

Wed, Oct 16, 7:00pm – 8:00pm add to calendar 16-10-2019 19:00 16-10-2019 20:00 America/New_York CNYC's Proprietary Lease for the New Millennium Attorney Marc J. Luxemburg, who is president of CNYC, led the development of a model Proprietary Lease and Shareholders Agreement, adapted to the 21st century needs of New York housing cooperatives. Version 2.20 includes suggestions received from many experts in the course of the development of this document. Mr. Luxemburg will discuss the major innovations of the new lease and will offer advice for ensuring its adoption. There is no cost for CNYC members and subscribers to attend this class, but advance registration is required. Others are welcome at a fee of $60 if paid in advance or $75 at the door. Call 212 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place. Continuing Legal Education credit is available to attorneys attending this class. Attorneys who work primarily with low income clients or those who themselves have modest incomes, may write to CNYC to request abatement of applicable fees. Location TBD MM/DD/YYYY

CNYC's Proprietary Lease for the New Millennium

Attorney Marc J. Luxemburg, who is president of CNYC, led the development of a model Proprietary Lease and Shareholders Agreement, adapted to the 21st century needs of New York housing cooperatives. Version 2.20 includes suggestions received from many experts in the course of the development of this document. Mr. Luxemburg will discuss the major innovations of the new lease and will offer advice for ensuring its adoption. There is no cost for CNYC members and subscribers to attend this class, but advance registration is required. Others are welcome at a fee of $60 if paid in advance or $75 at the door. Call 212 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place. Continuing Legal Education credit is available to attorneys attending this class. Attorneys who work primarily with low income clients or those who themselves have modest incomes, may write to CNYC to request abatement of applicable fees.

Location TBD map

Thu, Oct 17, 4:30pm – 5:30pm

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part V: "Licensing Agreements"

Thu, Oct 17, 4:30pm – 5:30pm add to calendar 17-10-2019 16:30 17-10-2019 17:30 America/New_York Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part V: "Licensing Agreements" In this lecture, our attorneys will highlight what to watch out for, what to negotiate for, and when it may be better to stand one’s ground and let a judge decide. From access concerns to zoning issues, you will leave this seminar with a firm understanding of what to negotiate for and how to select the right attorney to handle the job. For information,. www.andersonkill.com. Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA MM/DD/YYYY

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part V: "Licensing Agreements"

In this lecture, our attorneys will highlight what to watch out for, what to negotiate for, and when it may be better to stand one’s ground and let a judge decide. From access concerns to zoning issues, you will leave this seminar with a firm understanding of what to negotiate for and how to select the right attorney to handle the job. For information,. www.andersonkill.com.

Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA map

Tue, Oct 22, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 22, 8:00pm – 11:00pm add to calendar 22-10-2019 20:00 22-10-2019 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

Thu, Oct 24, 10:00am – 2:30pm

CAI-Hudson Valley: Expo

Thu, Oct 24, 10:00am – 2:30pm add to calendar 24-10-2019 10:00 24-10-2019 14:30 America/New_York CAI-Hudson Valley: Expo Join us for our annual expo at Levity Live in the Palisades Center for a multi-media expo experience! There will be education, food, refreshments, prizes, vendors and more. Topics will include how to evaluate your manager/boards performance and discuss improvement plus ask anything legal! For information, visit https://www.cai-hvny.org/post/oct-24-expo-west-nyack-ny. West Nyack Levity Live Comedy Club, 4210 Palisades Center Dr A - 401, West Nyack, NY 10994, USA MM/DD/YYYY

CAI-Hudson Valley: Expo

Join us for our annual expo at Levity Live in the Palisades Center for a multi-media expo experience! There will be education, food, refreshments, prizes, vendors and more. Topics will include how to evaluate your manager/boards performance and discuss improvement plus ask anything legal! For information, visit https://www.cai-hvny.org/post/oct-24-expo-west-nyack-ny.

West Nyack Levity Live Comedy Club, 4210 Palisades Center Dr A - 401, West Nyack, NY 10994, USA map

Tue, Oct 29, 10:00am – 4:30pm

The Cooperator Expo New York

Tue, Oct 29, 10:00am – 4:30pm add to calendar 29-10-2019 10:00 29-10-2019 16:30 America/New_York The Cooperator Expo New York Learn about the latest building services from more than 250 exhibitors, attend educational seminars, get free advice from industry experts, and network with your peers at this leading real estate trade show in New York. For information, visit coopexpofall.com. Jacob K. Javits Convention Center, 655 W 34th St, New York, NY 10001, USA MM/DD/YYYY

The Cooperator Expo New York

Learn about the latest building services from more than 250 exhibitors, attend educational seminars, get free advice from industry experts, and network with your peers at this leading real estate trade show in New York. For information, visit coopexpofall.com.

Jacob K. Javits Convention Center, 655 W 34th St, New York, NY 10001, USA map

Tue, Oct 29, 8:00pm – 11:00pm

NYC DOB: Homeowners Night

Tue, Oct 29, 8:00pm – 11:00pm add to calendar 29-10-2019 20:00 29-10-2019 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, Oct 30, 7:30am – 5:00pm

Bisnow: New York City State of the Market

Wed, Oct 30, 7:30am – 5:00pm add to calendar 30-10-2019 07:30 30-10-2019 17:00 America/New_York Bisnow: New York City State of the Market At this event we'll examine how the city can stay competitive, what it needs to do to drive the market. We'll also talk about the biggest projects and the biggest deals that have defined 2019. We'll be sure to touch upon the dynamic factors across the major assets classes as well as the hottest topics facing the Big Apple. For information, visit www.bisnow.com. Location TBA MM/DD/YYYY

Bisnow: New York City State of the Market

At this event we'll examine how the city can stay competitive, what it needs to do to drive the market. We'll also talk about the biggest projects and the biggest deals that have defined 2019. We'll be sure to touch upon the dynamic factors across the major assets classes as well as the hottest topics facing the Big Apple. For information, visit www.bisnow.com.

Location TBA map

Sat, Nov 2, 8:00am – 2:00pm

CAI-LI Board Leadership Development Workshop for Community Association Members

Sat, Nov 2, 8:00am – 2:00pm add to calendar 02-11-2019 08:00 02-11-2019 14:00 America/New_York CAI-LI Board Leadership Development Workshop for Community Association Members Registration required. For information, visit www.cai-li.org. BELFOR Property Restoration, 60 Raynor Ave, Ronkonkoma, NY 11779, USA MM/DD/YYYY

CAI-LI Board Leadership Development Workshop for Community Association Members

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

BELFOR Property Restoration, 60 Raynor Ave, Ronkonkoma, NY 11779, USA map

Tue, Nov 5, 9:00pm – 12:00am

NYC DOB: Homeowners Night

Tue, Nov 5, 9:00pm – 12:00am add to calendar 05-11-2019 21:00 06-11-2019 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

Thu, Nov 7, 4:30pm – 5:30pm

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part VI: "How to Help Your Board Make Ironclad Decisions"

Thu, Nov 7, 4:30pm – 5:30pm add to calendar 07-11-2019 16:30 07-11-2019 17:30 America/New_York Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part VI: "How to Help Your Board Make Ironclad Decisions" Cooperative and condominium board members are volunteers who generally have no experience in operating buildings and handling structural issues, finances, tenant disputes, and statutes affecting buildings. As a result, board members are often indecisive, and hesitate to make important decisions. Managing agents, on the other hand, have vast experience with those issues, and can act as boards’ eyes and ears, gatekeepers between residents and boards, and advisors, and in doing so, can greatly assist boards in making ironclad decisions. For information, visit www.andersonkill.com. Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA MM/DD/YYYY

Anderson Kill's Co-op and Condo Group Presents a Seminar Series Part VI: "How to Help Your Board Make Ironclad Decisions"

Cooperative and condominium board members are volunteers who generally have no experience in operating buildings and handling structural issues, finances, tenant disputes, and statutes affecting buildings. As a result, board members are often indecisive, and hesitate to make important decisions. Managing agents, on the other hand, have vast experience with those issues, and can act as boards’ eyes and ears, gatekeepers between residents and boards, and advisors, and in doing so, can greatly assist boards in making ironclad decisions. For information, visit www.andersonkill.com.

Anderson Kill P.C., 1251 6th Ave, New York, NY 10020, USA map

Show more events

News

9/20/2019 Kanye West’s $4.7M Former SoHo Apartment Is for Sale— and It's Almost as Spare as His Mansion

Kanye West and his wife, Kim Kardashian West, are notorious for keeping their homes spic, span and startlingly minimalistic (especially for a couple with four kids).
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9/20/2019 It now costs just $4.5M to be top chef David Bouley’s neighbor - NY Post

Some hungry buyer could be top chef David Bouley’s new Tribeca neighbor.
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9/20/2019 UWS Kids Can't Use Playground Because Of Debris Falling From Luxury Condo Project - Gothamist

A school playground on the Upper West Side was shut down on Wednesday after wet concrete fell from a contested 668-foot condo project that has since been slapped with a partial stop work order.
Read full story

9/20/2019 Owners of some residential properties can’t hide behind - The Real Deal

The owners of certain residential properties in New York can no longer shield their identities from the state using anonymous LLCs.
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9/19/2019 A former Morgan Stanley exec lists his $28.5 million Central Park condo - Bloomberg

After being appointed global head of fixed income sales at Morgan Stanley, Stefano Corsi relocated to New York in 2003. The job required him to move from London with his wife Monica, a clinical psychologist, and their two young children.
Read full story

9/19/2019 Cartoonist Stan Mack is selling his West Village co-op - NY Post

Cartoonist Stan Mack and his writer/editor wife Susan Champlin have just listed their West Village home for $1.72 million.
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9/18/2019 Brooklyn condo discriminated against people with disabilities, HUD alleges - amNY

The U.S. Department of Housing and Urban Development announced charges Monday against developers and architects of a Brooklyn condominium that allegedly discriminated against people with disabilities.
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9/18/2019 Manhattan Luxury Home Deals on Track For Slowest Third Quarter in 7 Years - Mansion Global

A dozen Manhattan homes asking $4 million or more went into contract in the week ending Sunday, as a new tax hike on multi-million-dollar sales in the city continues to weigh on the market, according to a report Monday from Olshan Realty.
Read full story

9/18/2019 New bill would crack down on illegal conversions - Crain's New York Business

Councilman Antonio Reynoso isn't interested in preaching to the converted.
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9/18/2019 In Dumbo, airy loft in a landmarked building wants $3.25M - Curbed

A charming loft in a Dumbo building with deep ties to Brooklyn’s history is on the market for $3.25 million.
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9/17/2019 Brooklyn’s 80 Flatbush will rise after settlement reached in lawsuit - Curbed

After months of legal sparring, the developer behind a planned mixed-use project due to rise at 80 Flatbush Avenue has settled a lawsuit brought by neighbors seeking to stymie the project.
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9/17/2019 Central Park Tower to top out as country's tallest residential building - Crain's New York Business

The Central Park Tower luxury condominium building is expected to top out at 1,550 feet today, a construction milestone for what will be the tallest and most expensive residential tower in the country.
Read full story

9/17/2019 NYC developers constantly lie about how tall their buildings are - NY Post

You ain’t dreaming. New York’s toniest buildings really are bigger on the inside than the outside.
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9/16/2019 In Brooklyn, new Schermerhorn Street condo launches sales starting at $800K - Curbed

A new condo located at 76 Schermerhorn Street, at the crux of Brooklyn Heights and Downtown Brooklyn, has officially launched sales.
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9/16/2019 One in Four of New York’s New Luxury Apartments Is Unsold - NY Times

Picture an empty apartment — there are thousands in Manhattan’s new towers — and fill it with the city’s chattiest real estate developers. How do you quiet the room?
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9/13/2019 Report: NYC Real Estate Has A Luxury Glut Problem - Gothamist

In one of the most worrisome signs yet that the top-end of the city’s real estate market may be about to crater, a new report says that one in four new luxury condos built over the last six years are unsold.
Read full story

9/12/2019 Where Are People Buying New Condos in New York? - NY Times

Although sales of new condominiums in New York City have been relatively slow in 2019 — the luxury market peaked around 2016 — apartments in brand-new buildings continued to move in the first six months of this year, especially in Manhattan.
Read full story

9/12/2019 In Cobble Hill, another River Park condo launches sales from $975K - Curbed

Another piece of the puzzle at River Park, the megaproject replacing Cobble Hill’s erstwhile Long Island College Hospital, is officially on the market. Developer Fortis Property Group has now launched sales at 1 River Park, the tower rising at the corner of Hicks Street and Atlantic Avenue.
Read full story

9/12/2019 Daniel Craig, Rachel Weisz sell Manhattan apartment for $6M - NY Post

Even James Bond couldn’t save this real estate deal.
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9/12/2019 Pied-à-terre tax to make a return in Albany, lawmakers say - The Real Deal

Manhattan State Sen. Brad Holyman is not backing down.
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