Category: Real Estate Trends

Real Estate Trends From Boom to Bust
2010 Jan From Boom to Bust

A short distance away from this writer’s “regular,” non-Cooperator job in Downtown Brooklyn is a large, empty edifice, a former industrial building. A year or so ago, the conversion of this building to condos was a big deal—a sales offi…

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Real Estate Trends Sustainable South Bronx
2009 April Sustainable South Bronx

 As a neighborhood, the South Bronx has struggled for nearly three decades under  the negative connotations of its name as a flash point for violent crime,  drugs, and unchecked urban decay. For many of those who live there, life is  bound…

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Real Estate Trends Training for Building Personnel
2009 April Training for Building Personnel

On the infamous evening of September 11, 2001, Battery Park City resident Hank Wisner was unable to go home to his smoke- and ash-filled apartment across the street from the World Trade Center. As he watched the day’s events play over a…

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Real Estate Trends Answering the Day-to-Day Questions
2009 April Answering the Day-to-Day Questions

 Your roof terrace leaked and the neighbor below you sued for damages. The  heating system in your apartment failed to work and the managing agent sent you  the bill for its repair. You bought a dog for your child, and six months later  th…

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Real Estate Trends Legal Cases Your Board Should Know
2009 April Legal Cases Your Board Should Know

 While not everyone who serves on his or her co-op or condo board needs to be an  attorney or have an encyclopedic knowledge of the law, it never hurts to be  aware of the important, often precedent-setting legal decisions being handed  do…

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Real Estate Trends What You Must Know
2009 April What You Must Know

It’s amazing how good building owners and managers are at increasing and garnering revenue from residential tenants while at the same time leaving themselves to the will and whim of laundry room operators who impose contracts lasting fo…

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Real Estate Trends A Green Lining in a Down Market
2009 April A Green Lining in a Down Market

 The realities of a depressed real estate market have finally settled upon New  York City. We’ve seen a significant drop in sale prices over just the past few months. This  has been coupled with a rapid increase in inventory levels as unit…

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Real Estate Trends What to Do Before the Emergency
2009 April What to Do Before the Emergency

 You’ve been notified of a cardiac (or other) medical emergency in your co-op or  condo building. Someone has called 911, someone else is administering cardio-pulmonary  resuscitation (CPR) and someone else is bringing the automatic extern…

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