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Manhattan co-ops are having a good moment this fall; according to the latest report by brokerage firm Douglas Elliman focusing on third-quarter sales in that borough, the median sales price for the market in the third quarter of 2017 set …
In August, the New York Post reported that Eddie Wong, a resident of a luxury Greenwich Village co-op, was accused of "watching a 30-year-old neighbor through her bedroom window after she got out of the shower." According to the story,…
A luxurious penthouse condo at One57 that was owned by Nigerian oil tycoon Kola Aluko (who, according to The Daily Beast , reportedly dated supermodel Naomi Campbell, once held a birthday party for actor Leonardo DiCaprio, and rented a y…
New York City Mayor Bill de Blasio's recent comments about private property rights have raised some eyebrows, both in the media and especially the real estate industry. In an interview with New York Magazine , de Blasio--who is ru…
Given that a condominium or co-op board is charged with representing the interests of a diverse group of homeowners or shareholders, it follows that boards themselves should embody the diversity of their resident population. In New York Cit…
One of the facts of life that apartment dwellers live with -- particularly those in older buildings -- is the window-unit air conditioner. Certainly the upside of having one is that it gets you through the airless, sweaty nights during the …
Incorporated under Article XI of the Private Housing Finance Law, Housing Development Fund Corporation (HDFC) cooperatives are partnerships between public and private interests that help the tenants of city-owned residential co-ops – often …
One likely looks upon a towering high-rise shining upon the Manhattan skyline, and assuredly thinks to oneself, “that building must be quite the endeavor to manage, should it be a condominium or co-op residential property.” And that hypoth…
The New York City Fire Department (FDNY) recently passed new rules affecting many multi-family dwellings in the city. As reported in Habitat last month, duplexes and triplexes were required to install reflective signage on apartme…
The co-op application process is one of rigor and induced anxiety, whereby aspiring shareholders are scrutinized not only for their finances, but their character and demeanor as well. The length of the review varies by association, but it o…