Category: Organizations

32BJ SEIU President Issues Statement on Pandemic & Police Brutality By Cooperator Staff

32BJ SEIU, the Service Employees International Union, is the largest property service workers union in the country, comprising over 175,000 members in 11 states and the District of Columbia. Members include residential doormen, porters, sup…

Organizations

IREM Establishes COVID-19 Relief Fund By Cooperator Staff

The Institute of Real Estate Management (IREM) announced in a June 3 press release that the organization’s IREM Foundation has established a COVID-19 Relief Fund to support real estate managers and their local communities affected by the pa…

Organizations

2020 May REBNY Launches Coronavirus Resource Hub By Cooper Smith

In a recent press release, the Real Estate Board of New York (REBNY) announced the launch of https://rebny.com/content/rebny/en/Coronavirus.html , the group’s coronavirus/COVID-19 resource hub website, which has been made available to al…

Organizations

REBNY Launches First-of-its-Kind Fellowship Program By Cooperator Staff

On April 28, the Real Estate Board of New York (REBNY), in collaboration with the Coro New York Leadership Center, announced the creation of the REBNY Fellows , the first-of-its-kind leadership program for real estate professionals of di…

Organizations

BTEA Announces COVID-19 Resource Center By Cooperator Staff

The Building Trades Employers Association (BTEA) has announced the creation of their COVID-19 Contractor Resource Center, an online platform that will connect contractors with up-to-date information regarding COVID-19. The website, which wa…

Organizations

A Tale of Two Co-ops By A.J. Sidransky

Housing Development Fund Corporation (HDFC) co-ops are an important and unique segment of the New York housing market that many fellow co-op shareholders are unaware of. Those who do know of the program are often familiar with it only from …

Organizations

SEIU-32BJ Gives Amazon HQ an OK By David Chiu

Amid the buzz and controversy surrounding Amazon's selection of Long Island City as the site for the online retailing giant's newest headquarters, at least one major group is welcoming the move with open arms. SEIU-32BJ, the labor union …

Organizations

The Cooperator Expo New York Returns to Javits Thursday October 11th By Cooperator Staff

On Thursday, October 11th, thousands of board members, managers, building owners and co-op, condo, and HOA residents will gather at the Jacob K. Javits Center at 655 West 34th Street in Manhattan, from 10:00 a.m. to 4:30 p.m. for the second…

Organizations

Void Where Prohibited By Mike Odenthal

A conflict appears to be brewing between a local preservation group and New York City’s Department of Buildings over an Upper East Side condo tower project that the latter approved. According to a piece last December in Crain's New Yor…

Organizations

NYC Finally Has Its Own CAI Chapter By Pat Gale

Concerted efforts by a group of industry professionals are about to bear fruit, as a Big Apple Chapter nears certification by the international Community Associations Institute (CAI). The new chapter—representing condominiums, cooperatives,…

News

8/3/2020 Business leader says wealthy New Yorkers ‘don’t want to come back’ to the city—NY Post

Wealthy New Yorkers who fled the city during the coronavirus crisis “don’t want to come back” — and may be further deterred by talk of rising taxes, an economic watchdog warned Sunday.
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8/3/2020 The Byzantine Zoning History Of 200 Amsterdam—Commercial Observer

A pair of developers and Upper West Side community activists have been raging a paper crusade against each other over a 670-foot-tall tower that might, as collateral damage, count Department of Buildings guarantees as a casualty.
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8/3/2020 Daniel Wollman, CEO, Gumley Haft, Takes Action For New York Co-ops And Condos—PR Newswire

As the head of Gumley Haft, a New York property management firm, Daniel Wollman, CEO, is involved in thousands of people's lives. He guides boards of co-ops and condos throughout the city on matters that affect residents of New York apartment buildings. With apartments ranging from over $500,000 to millions of dollars, Wollman's company manages some of the most valuable and prestigious real estate in the country.
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8/3/2020 Westchester co-ops must say when they reject an applicant. Soon they may have to say why—Rockland/Westchester Journal News

Co-ops have to notify Westchester County when they reject would-be buyers, but they don’t have to say why. That could change under a proposed amendment to Westchester’s fledgling co-op disclosure law, which went into effect in December 2018.
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8/3/2020 Suburban Homeowners Looking to Downsize Buy in the City—Mansion Global

The pandemic and stay-at-home guidelines stimulated a lifestyle reevaluation for many people. For some, that meant giving up a city home for the fresher air and outdoor space of the suburbs or the country, but, on the other hand, some took this as an opportunity to fulfill the dreams they had long nurtured to downsize from their too-large home and embrace an urban way of life.
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8/3/2020 The End of Housing as We Know It—The New Republic

The nail salon in Queens where Mariwvey Ramirez works reopened earlier this month, but the customers have been hesitant to return. “I went back to work for three, four days now, and yesterday they tell me that maybe it is going to close because there is no work, no business,” she said when we first spoke. “And what is going to happen … when here in New York the rents are over two thousand dollars?"
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8/3/2020 As Manhattan Market Slumps, Classic Co-Ops Offer Safety and Stability—Mansion Global

With their notoriously stringent vetting processes, high down payment requirements, and comparative lack of shiny new amenities, New York City’s traditionally tony co-op buildings have fallen out of favor with many luxury buyers in recent years.
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7/30/2020 This New NYC Co-op Tower by Robert A.M. Stern Has the Guggenheim and Central Park for Neighbors—The Robb Report

When it comes to vertical living in New York City, few architects have as much name recognition as Robert A.M. Stern. His buildings, distinguished for their classic, elegant style and creamy limestone façades, are among the most sought-after in the city. Which is why 1228 Madison Avenue, a boutique residential tower by Robert A.M. Stern Architects (RAMSA), presents such a rare opportunity.
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7/30/2020 Inside a Park Avenue Co-Op That Playfully Breaks With Convention—Architectural Digest

“I am not formal at all,” said designer Brock Forsblom’s client, who grew up on the Upper East Side. “I have a love affair with Los Angeles and want to get off the elevator and feel like I am in California.”
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7/30/2020 The Billionaire's Bunker: Inside The Luxury Building Boasting The Country's Priciest Condos—Guest of a Guest

Millions of Americans are looking at evictions and foreclosures in the coming months, but the financial elite are having no problem making record-breaking real estate buys. In the past week alone, three major sales have made headlines at 220 Central Park South, the white-glove residence consisting of an 18-story villa and 79-floor tower overlooking the park.
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7/30/2020 New York Revises Real Estate Foreclosure Procedures—Lexology

On March 20, Governor Cuomo issued a blanket moratorium on foreclosure by lenders of any residential or commercial property until June 20, 2020. This protection was extended to August 20, 2020 for residential or commercial mortgages owned by someone “that is eligible for unemployment insurance or benefits under state or federal law or otherwise facing financial hardship due to the COVID-19 pandemic.
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7/28/2020 Making a Move During the Pandemic? Not So Fast—The New York Times

Last summer, Steve and Ellen Resnick followed their daughter and son-in-law from the Harlem condominium where both families lived to a new life in New Jersey. That was the plan, anyway.
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7/28/2020 Howard Stern remembers neighbor Regis Philbin strutting around in ‘Richard Simmons short-shorts'—Daily News

Regis Philbin wasn’t just a colleague to radio star Howard Stern, he was also a longtime neighbor who made riding the elevator and walking through the lobby a lot more fun.
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7/28/2020 Permits Filed For 1367 Eastern Parkway In Crown Heights, Brooklyn—NY YIMBY

Permits have been filed for a seven-story residential building at 1367 Eastern Parkway in Crown Heights, Brooklyn. Located between Portal Street and Ralph Avenue, the interior lot is three blocks east of the Utica Avenue subway station, serviced by the 3, 4, and 5 trains. Zalmen Kaufman under the 1367 EP NY LLC is listed as the owner behind the applications.
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7/27/2020 Coronavirus Shutdown Inspires New Series - The Building: Under Lockdown, Created Entirely on Zoom. Westside Rag and Art Paradise Agree: "The Show is Good!"—IT News Online

The cast is comprised of some of New York’s most beloved stage actors: Pun Bandhu, Joseph Delafield, Laura Esterman, Kevin R. Free, Kathryn Grody, Robert Lupone, Jodie Markell and Alexandra Napier. The characters are a group of iconographic New York personalities living in their Riverside Drive apartment building. With the appearance of COVID-19, they have to navigate their new shut-down world and the complications it presents – while juggling the ongoing fights, feuds and intrigues of their neighbors.
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7/27/2020 New Developments Throw in Free Parking Spaces, Years of Maintenance Fees as Sales Concessions—Mansion Global

For the past several months, wealthy buyers in search of safety and personal space have flocked to vacation and single-family home markets across the country, leaving some new condo developments out in the cold.
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7/23/2020 ConEd asks 80K customers in Bronx to not use AC amid heat wave repairs—ABC7 News

Con Edison is asking 80,400 customers in the southeast part of the Bronx to conserve energy as crews repair equipment amid the ongoing heat wave.
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7/22/2020 Susan Sarandon Lists Longtime Manhattan Home for $7.9 Million—The Wall Street Journal

Susan Sarandon keeps her awards, including her Oscar for “Dead Man Walking,” in a bright blue-painted bathroom in her longtime New York City home.
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7/21/2020 The Alfred On Fleet Nears Completion At 112 Fleet Street In Downtown Brooklyn—NY YIMBY

Work is nearing completion on The Alfred on Fleet, a 12-story condominium building at 112 Fleet Street in Downtown Brooklyn. Formerly known as 167 Willoughby Street, the structure comprises 24,250 square feet spread across 23 units.
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7/20/2020 Building superintendent’s daughter exposes wealthy NYC in new novel—NY Post

Lee Conell’s novel “The Party Upstairs” (Penguin Press), out now, tracks a day in the life of a co-op building on the Upper West Side — all of its trash, hidden rooms and hallways, broken sinks — and all of the human relationships, pecking orders and drama contained within it.
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