In short, the past year was a good one in the real estate market as far as condos and co-ops were concerned. Both buyers and sellers were confident, brokers were enthusiastic, and properties moved quickly. All in all, things seemed to be on…
When most people think of landscaping, they think of shrubs, trees, meticulously laid-out and maintained flowerbeds, and artful plantings scattered around a building or development. However, landscaping doesn’t need to end with the things t…
The New York City Department of Parks and Recreation proudly, and quite rightly, boasts about the many film scenes that have been set in the numerous parks and green spaces in the five boroughs. From Washington Square Park in When Harry Met…
There are plenty of reasons why a co-op shareholder or condo owner might want to make changes to their unit. Maybe it’s a new owner who wants to do major renovations to make the unit a better fit; perhaps it’s a long-time resident who buys …
In this challenging economy, many co-op and condo buildings are struggling to pay their bills while planning for future needs. Still, most building boards are loathe to raise maintenance fees or levy special assessments on their residents u…
The current political landscape may resemble a jungle (or the dark side of the moon), but one thing’s for sure: the unrest and uncertainty on that front hasn’t slowed the brisk pace—or sky-high price tags—of New York City residential develo…
If it's like a ghost town in your building and summer hasn’t hit yet—where is everybody? Maybe they’re on a winter hiatus and are inhabiting their second home in Florida—and that possibly means a season-long absence from their co-op or co…
There's a certain allure to being the very first owner of a condo in a brand new building. To be able to wake up every day in a space that's totally your own, free from the dents, dings, and spackel of previous owners' experiences in the pl…
Historic landmarks offer striking examples of New York City’s rich architectural heritage and the vintage architecture is one of the New York’s greatest charms. But not all landmarked buildings are commercial or public structures—many house…
Once upon a time, New York City condominium and co-op properties—like the majority of residences in this vast metropolis—were mostly constructed from terra cotta, brick, brownstome, limestone—earthy materials, if you may. Glass was mainly u…
New York City buildings have achieved 100 percent compliance with Local Law 43, a part of the overall Greener, Greater Buildings Plan put in place in 2009 to improve the energy efficiency of existing buildings and reduce the city’s carbon f…
There are few people as passionate as pet owners, and for evidence look no further than condo and co-op communities. The many health and aesthetic concerns that go with pets compel many boards to favor a ban on pets altogether. However, if …
In January, Airbnb listed New York City as the third-most travelled to city for business trips on its new “Airbnb for Business” platform. The announcement comes a month after the company released data showing that nearly 60 percent of Airbn…
Most of us wouldn't know what to do with ourselves if we didn't have a smartphone or tablet to help us communicate, navigate, and otherwise organize our lives. Property managers throughout the country—whether they handle urban high-rises, s…
When it comes to the subject of meetings—specifically monthly board meetings or annual unit owner meetings in condos, co-ops, and HOAs—there seem to be no neutral opinions. A few folks actually like these exchanges, but most dread them. S…
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…
Though the real estate crisis didn't rattle New York City to nearly the degree that it did other markets around the country, construction still stalled on many new developments during the recent recession. It’s not only location or the newe…
Drones. Everyone has heard of them. No one is sure what to make of them. Are they destined to be the scourge of the skies? Or are they simply a brilliant convenience that will allow regular folks to complete everyday tasks from the comfort …
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…
This neighborhood has been known as various names throughout its storied history from Clinton and Hell’s Kitchen to Midtown West. It was once a rough-and-tumble area and soon it will be transformed into a mecca of residential and commercial…