Passed last summer, New York’s Housing Stability and Tenant Protection Act (HSTPA) is facing a second lawsuit, reports Real Estate Weekly . The New York State Home and Community Renewal Agency (HCR)/Division of Housing and Community Rene…
Most buildings will have to undergo some kind of exterior or facade-related work at some point in their useful lives - it's inevitable. But sometimes those projects can be noisy, dusty, and disruptive to not just the building being worked o…
After 60-year-old architect Erica Tishman was tragically killed the week before Christmas by loose material falling from a building façade near Times Square, the New York Department of Buildings (DOB) is expediting changes to its façade ins…
Along with other major criteria (location, square-footage, 'light,' 'air,' etc.) a good view from one or more windows can be a big selling point for an apartment. In fact, many a buyer has purchased their unit based on the view. Some will e…
Of all the skills a good property manager must possess, conflict management is high up on the list. Not just knowing how , but when to step in (or not) is part and parcel of helping boards and residents maintain harmony and quality o…
he Council of New York City Cooperatives & Condominiums (CNYC) has announced a number of new amendments and changes to city rules and regulations in a notice to members. Effective November 15, 2019 , there are new requirements fo…
The Federal Housing Administration (FHA), which insures mortgages made by private lenders and banks, will ease condo financing regulations to open up homeownership for more first-time buyers, effective October 15, reports Yahoo! Finance.…
The governing documents of a housing development—be it a cooperative, condominium, or homeowners association—spell out the rules, regulations, and policies that all unit owners or shareholders are obligated to follow as a condition of their…
Back in September, Governor Cuomo signed into law a bill passed by the New York State legislature meant to make public knowledge the actual owners of one-to-four family homes purchased under the guise of LLC’s, limited liability corporation…
Bloomberg Quint reports that another blow may be heading toward the high-end real estate market, in the form of a revived effort by state lawmakers to impose a tax on second-home purchases of $5 million or more. This tax follow…