Condo fever continues to spread across New York real estate, replacing any available land with shiny towers. Now that the most obvious places for construction have been exhausted, developers are increasingly turning to smaller co-ops to buy…
(Photo courtesy of nARCHITECTS) Carmel Place, New York City’s first all-micro-unit building, will open in March at 335 East 27th Street. The development started as a pilot program in 2013 under the Bloomberg administration, essentially a c…
The U.S. Treasury Department announced in January that it will begin to track illicit cash purchases of luxury condos in New York and Miami. In New York, the new regulations will apply to cash transactions of $3 million or more. The federal…
Back in 2011, New York City’s Department of Finance released its annual property assessments for residential buildings in all five boroughs, and co-op and condo residents in Northeastern Queens were not happy with the results. The valuation…
Winter in New York can be brutal—piles of slushy gray snow to wade through and frigid winds that keep you inside. So you curl up with a good book, sip a cup of tea and watch the flurries through the window. As the flakes fall, you might fin…
Managing a co-op or condo association can be a challenge. If you’re new to the board of directors or are an old hand at association leadership, you need to know what it takes to keep your community running smoothly. In any type of economic …
Though the practice may have slowed slightly since the apex of the housing market a couple of years back, condo (and to a lesser degree, co-op) owners still sometimes look to expand their own living space by combining two apartments into on…
What is the prognosis of today’s real estate market, especially when it comes to condos? Last year, realtors and real estate experts interviewed by The Cooperator pointed to robust increases in sales and prices as well as increasing buyer c…
Concerted efforts by a group of industry professionals are about the bear fruit, as a Big Apple Chapter nears certification by the international Community Associations Institute (CAI). The new chapter—representing condominiums, cooperatives…
Whether you live in a suburb or in the heart of the city, life is expensive. Sometimes it can feel as though everybody from the barista at your favorite coffee shop to the kid who bags your groceries is trying to nickel-and-dime you half to…