Tag: new this week

Finance
Paying off Underlying Mortgages

In the hybrid part-owner/part-tenant world of co-op living, there exists an interesting and unique financial instrument: the underlying permanent mortgage . Part of the overall financing structure for any co-op, the underlying mortgage …

Read More
Finance
Paying off Underlying Mortgages

In the hybrid part-owner/part-tenant world of co-op living, there exists an interesting and unique financial instrument: the underlying permanent mortgage . Part of the overall financing structure for any co-op, the underlying mortgage …

Read More
Communications
Managing Conflicts

Living in a multifamily dwelling requires tolerance for other people, particularly when those people are noisy, smelly, or have questionable taste in door decorations. In New York, where the majority of people share a wall with at least one…

Read More
Building Operations
Energy Equipment Costs

Money saving and energy conservation go together like hand and glove -- but how they fit isn't always the easiest to understand. In this quick clip, a conservation pro discusses how boards can assess their energy-related equipment for signs…

Read More
On The Board
Capital Gains and Capital Improvements

The benchmark for calculating capital gains on your unit is determining your cost basis in the unit. The cost basis for co-op and condominium units is calculated on the original purchase price of the shares or unit, plus capital improvement…

Read More
Building Operations
Pre-Winter Maintenance

Climate change notwithstanding, the onset of winter in our area generally means more wear-and-tear on buildings than any other time of year. Snow, ice and freezing temperatures can cause costly damage. That's why it's so important to make s…

Read More
Buying & Selling
Built-In Apartment Features

When it comes to co-op or condo, home improvements are a personal thing, reflecting the style and taste of the owner, and impacting the functionality of the unit. A prime example of this are built-ins; those personalized furnishings that pr…

Read More
Building Operations
Engaging a Fitness Center Company

In-house gyms and fitness centers are some of the most popular amenities a co-op, condo, or HOA can offer residents and prospective buyers -- but just plunking down a treadmill and some barbells in a common room doesn't exactly qualify. In …

Read More
1 2 3 53 Next