Housing Development Fund Corporation (HDFC) cooperatives were set up some 40 years ago as a means of establishing home ownership opportunities for low-income residents in New York City. The program also served to help the city stabilize nei…
Most co-op, condo, and HOA board members are not legal professionals - they're volunteers who participate in the governance of their community out of a sense of duty and the desire to have a say in maintaining the value of their and their n…
It appears that the owners of a condo building in Manhattan’s Soho neighborhood are relieved that one of their own has finally moved out. The New York Post reported that celebrity photographer Ken Nahoum, who once owned a penthouse at 95…
The seemingly perpetually under-construction Hudson Yards redevelopment – spanning the area from 29 th to 43rd streets between 7 th Avenue and the West Side Highway in Manhattan – is often the target of critique for everything from co…
A conscientious, forward-thinking co-op, condo, or HOA board should always be looking for ways to improve their community's energy efficiency - but at the same time, board members must keep the cost of new, greener equipment and upgrades fi…
While Manhattan still commands the lion's share of attention for its luxury real estate market, skip a stone across the Hudson and you'll find a development that aims to give it a run for its money. Port Imperial, an expansive $2 billion…
Online services have revolutionized everything – but especially shopping. Virtually anything you want is now at your fingertips, and virtually everything can be delivered. Online versions of every service, from food delivery to furniture to…
Compared to rowdy annual meetings or catastrophic plumbing leaks, insurance may not seem like the most exciting aspect of serving on one's co-op or condo board. But neglect it at your peril! Mishandling claims - whether deliberately or acci…
A new Upper West Side co-op building has devised a unique way to attract a niche group of buyers. Last week, The New York Times reported that Simon Baron and Quadrum Global, two real estate firms, hired kosher cookbook author Susie F…
The ever-increasing popularity of online commerce has changed people's shopping habits -- including the way apartment dwellers receive their deliveries. While concierges, doormen, and building superintendents have traditionally accepted pa…