While there's certainly no shortage of affluent co-op and condo buildings in New York City, it's a fact that a significant proportion of buildings are home to residents of more modest means--buildings for whom large capital improvement proj…
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Today's economy is one, which has economists using words such as "perplexing" and "conundrum." Making predictions as to what the economy will do next week is difficult--trying to predict what will happen six months or a year down the road i…
In New York City, many co-ops and condos use a practice called a "flip tax" in order to boost building revenue. As most co-op and condo owners know, a flip tax is a fee paid to the building, either by the purchaser or seller, each time an a…
Back in 1955, when the flight to the suburbs was going full blast and many city neighborhoods were deteriorating from lack of money and municipal attention, the Mitchell-Lama bill, named after State Sen. McNeil Mitchell and New York Assembl…
For decades, the most desirable residential buildings were those with visible security systems, liveried door staffs, concierges, elevator operators, keyless locks, state-of-the-art intercom systems and video cameras. Over the course of the…
Using the services of a trained professional and making sure you have the input of your constituents - in this case the residents of your co-op or condo building - are two elements of a project that are sometimes hard to reconcile, particul…
For the past couple of decades, interest in the environment and "greening" of residential buildings has been creeping into our daily lexicon; nowadays, the theories have become practice, and renewable or "green" power is now more accessibl…
There are five main rules that must always be considered when designing apartment building lobbies. Each project has its own set of circumstances and goals. And these goals must also coincide with the aesthetics, the inherent building style…
Patricia is a 65 year-old woman who is in good physical and mental shape. She exercises daily, sees her physician regularly and is active in the community. She lives alone in an apartment and doesn't even want to consider moving to an as…