There are few things more traumatic than dealing with a fire in one's home. From loss of possessions either replaceable or one-of-a-kind, to the exponentially more horrific potential of lost human life, the baseline is bad -- and things can…
Smoking, dogs, and bedbugs: either one or all of those issues can affect you as a co-op or condo owner. Many residents have experienced a cloud of cigarette smoke in the hallway, the loud bark of a noisy dog in the middle of the night, or e…
Contained heat and power (CHP) systems are one way for multifamily buildings to reduce both their carbon footprint and their operating costs, but many boards (and residents as well) have concerns about the expense and process of installing …
Market wide, sales prices for co-ops and condos in Manhattan have been rising steadily year-over-year for the fifth consecutive year. That is according to the latest study, 2017 Manhattan Decade Sales Report , released by Douglas El…
Working for any sort of multifamily community–whether it’s a condo, co-op, HOA or rental–requires a certain amount of skill and training. After all, staffers carry out many duties, and often have access to residents’ property and personal i…
Changing management companies can be a complex process -- but it doesn't have to be an ordeal. By making sure that your community's important documents and information are transferred from the outgoing firm to the incoming one in a timely, …
Like any homeowner, co-op owners are always planning improvements to their homes. But one major difference between a cooperator and a homeowner is that the cooperator just can’t do whatever and whenever he/she wants. For example, if if th…
On an otherwise uneventful January 8th evening, with a run of major holidays in the rear view, the denizens at 2186 Cruger Ave., in the Bronx still had something to celebrate. Some 20-plus shareholders in the 72-unit building congregated in…
Members of a condominium or co-op homeowners’ association (HOA) have a fiduciary responsibility to manage their community’s funds wisely, and to protect the financial interests of all owner/shareholders. Breaching this duty carries the real…
Among the many positive aspects of apartment ownership (rather than renting) are long-term stability and long-term occupancy. Long a city of mostly renters, New York City has transitioned into more and more a city of owners over the past 4…