Many co-op and condominium buildings consider themselves fortunate to have income-producing commercial tenants on their ground floor. More often than not, these tenants are medical professionals: doctors, dentists, small outpatient treatmen…
Whether you manage a tight-knit building with just a few units, or a sprawling development with hundreds, property management comes with unique challenges. In this clip, two industry veterans let us in on the biggest ones they face in servi…
For the second week in a row, the Manhattan luxury residential market experienced lackluster sales. According to the latest report from Olshan Realty, only nine contracts for properties $4 million and above, were signed during the week…
After a lengthy foreclosure and bankruptcy process lasting nearly a decade, the auction of the site known as One Bennett Park, located at 29 Overlook Terrace in Upper Manhattan, will be auctioned. The auction was recently announced by New Y…
The viability of the 421-a tax abatement was up in the air last month as the New York State Senate passed sweeping reforms via a rent regulation bill which has caused quite a stir in the real estate community. After pushback from …
The performance of the Brooklyn and Queens residential markets during second quarter 2019 can simply be summed up as this: rising median sales prices and declining number of sales. According to new 2Q 2019 reports released by Douglas Ellim…
Reducing energy waste not only cuts costs for buildings and associations, but also helps reduce a community's environmental footprint. In this clip, an HV/AC expert tells us how incorporating thermostatic radiator valves in your community c…
You could blame the new mansion tax for last week's flat Manhattan's luxury residential sales.performance. According to Olshan Realty's luxury market report for Manhattan properties $4 million or above, there were only nine propert…
Buyers who were looking to acquire homes before the city's new mansion and transfer taxes went into effect on July 1 was a factor in increased Manhattan co-op and condo sales during second quarter 2019. According to the latest Manhattan ma…
Despite some fits and starts , the process of converting 1,000 rooms at the Waldorf Astoria hotel into 375 condo units is nearly complete – and Chinese developer Anbang announced on June 11 th that it will be launching sales at…