At the heart of the crisis currently affecting affordable housing in New York City are the dozens of HDFC co-op buildings that are threatened with foreclosure by New York City for real estate tax delinquency or failure to pay water and sewe…
Nobody ever claimed that managing a co-op, condo, or HOA community would be easy -- but what is easy for residents to forget sometimes is that property management is a big, multifaceted job that often gets little thanks when things go w…
Manhattan's Billionaire's Row is going to get a little bit crowded. Curbed reported this past Monday that developer Extell Development Company announced that it has officially launched sales for the supertall Central Park Tower developm…
On Thursday, October 11th, thousands of board members, managers, building owners and co-op, condo, and HOA residents will gather at the Jacob K. Javits Center at 655 West 34th Street in Manhattan, from 10:00 a.m. to 4:30 p.m. for the second…
There are lots of things co-op and condo buildings can do to reduce energy waste and save themselves and their residents money. Submetering is one way - and here, an energy pro discusses a few key points boards should know when contemplatin…
Whether in a single-family home or an apartment building, pretty much every homeowner has had that moment: when in the middle of the night, he or she turned on the kitchen light to see a huge water bug scurrying across the counter, or heard…
While a productive building or association manager who ably navigates the day-to-day operations of one or more client communities may not have millions in the bank, it’s hard to argue that he or she is not ‘successful’ in practical terms. B…
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…
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…
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…