Category: Community Living

Buying & Selling
Can Co-op Boards Set Unit Prices?

Even before the arrival of  COVID, the co-op and condominium markets in New York City were softening. The pandemic has only served to exacerbate the problem. Now, market forces are flying wild, with unexpected results everywhere you look. A…

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Buying & Selling
Got Ghosts?

As Halloween approaches, buyers and sellers of real estate might do well to keep in mind that residential properties - be they condo, co-op, or single-family house - have a past. What’s more, that past might still be lurking around in close…

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Real Estate Trends
2020 October Multifamily Energy Savings Solutions

In Part 1 of “Multifamily Energy Savings Solutions,” we introduced some relatively simple products and processes that individual owners or shareholders can adopt to reduce energy consumption and emissions and to save on their energy costs. …

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Real Estate Trends
Holding Steady in a Volatile Market

While prices for both resales and newly-built condos and co-ops in Manhattan have seen a decline of as much as 30% as a result of the disruptions caused by the COVID-19 pandemic, prices for units in Brooklyn and Queens seem to be holding th…

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Buying & Selling
CEO Sush Torgalkar Exits Extell

The Real Deal reports that Sush Torgalkar is leaving his role as CEO of Extell Development not even two years after coming on board from Westbrook Partners. It is the latest in a series of high-level departures from the prolific New Y…

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