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It’s 3:30 in the morning and your upstairs neighbor can’t seem to get enough of the new Cher album. It’s not just the techno beat that’s getting to you, it’s the volume. It’s making your china collection rattle in its hutch and your teeth h…
Call a real estate consultant a "know-it-all" and he or she will probably just smile wisely. For a consultant, that term is far from insulting. It’s simply a statement of fact. These "Jacks-and-Janes-of all trades" serve a diverse clie…
It’s the beginning of another meeting in your building and even though signs were posted throughout the lobby and on bulletin boards, the crowd is sparse. To make matters worse, the few owners or shareholders who are in attendance have only…
Who would visit a medical office that did not have running water? Many would question whether the office was sanitary. This occurred to a doctor who used a Forest Hills co-op unit as his office. Management placed a notice under residents’ d…
Building house rules are the "Thou shalt not’s" of the co-op and condo world. Unlike the proprietary lease or bylaws, which cover operational and administrative matters, the house rules cover behavior of the residents–you know, the types of…
In today’s booming real estate market everyone is looking to turn a profit. Should co-op shareholders be any different? Everyone wants a piece of the pie but at what cost? Subletting cooperative apartments can be very simple if you follow t…
Last month, the New York Association of Realty Managers (NYARM) hosted a seminar on a somewhat new phenomenon known as "NORCs." Short for "Naturally Occuring Retirement Communities," the acronym has come to mean much to many seniors through…
Owning your own home is a huge commitment, but imagine being accountable for your neighbors’ homes as well. It’s a commitment hundreds of individuals throughout New York’s condo and co-op community make each year as members of their buildin…
Your co-op or condo is your home but it's also a business with vendors, contractors and a board of directors that sets guidelines affecting everyone. As in any business, there exists the potential for theft and fraud. While there are no …
The best-run co-ops and condos regularly update their house rules document, providing essential information to residents, the board and the professionals who work with the building, on everything from payment of arrears to installation of w…