Local Law 126, which mandates the periodic inspection of parking facilities for structural soundness and safety, was passed in 2021 and went into effect in January of this year. The law requires that parking structures be inspected every si…
The hard work of on-site employees - supers, resident managers, doormen, concierges, and handymen - is the fuel that New York’s apartment buildings run on. To a great extent, these employees are represented by Service Employees Internationa…
Fifth Avenue Committee , in partnership with Solar One and with support from Enterprise Community Partners, has launched Barrio Solar, a program to provide financial assistance to low- to-moderate income Brooklyn homeowners to help …
The continuing war in Ukraine and the accompanying sanctions imposed by the US, EU, and their allies reach into our own backyard. Many Russian oligarchs own luxury apartments and other real estate in New York and elsewhere in the United Sta…
Depending who you ask in the world of finance, cryptocurrency is either the future, or a passing fad. Either way, even still in its infancy, ‘crypto’ is attracting more and more investors - especially among younger millennials and gen-z int…
According to a recent poll of 1,000 consumers conducted by telecommunications company Frontier, p rivacy concerns around smart home tech devices are on the rise. Sixty percent of respondents to the poll reported being “very” or “extremel…
In the eight months since the deadly collapse at Champlain Towers South in Surfside, Florida, many states and municipalities are reviewing their policies around reserve funds, inspections, and maintenance projects for high rise apartment bu…
Many cooperatives and condominiums in New York have long benefitted from a tax abatement program under Real Property Tax Law 467-a. In September of 2021, Governor Kathy Hochul put new eligibility requirements into this law that go into ef…
According to a recent report by HireAHelper looking at which U.S. cities have the largest homes, more and more homeowners and home-seekers prefer larger houses with more rooms. Responses to a Pew survey cited in the report suggest that …
Homeowners in New York were not spared from the economic repercussions of the pandemic. If anything, New York was the first and one of the worst affected areas in the country when COVID arrived on US shores in 2020. It’s also no secret that…