Category: On The Board

Thanks to a court decision last week, plans to build a controversial luxury development on the Lower East Side have hit a snag. The New York Times reported that a State Supreme Court judge in Manhattan ruled that the project -- known as …

An Upper West Side condo board experienced a setback to stop the city from creating a protected bike lane along Central Park West. Curbed reported yesterday that a Manhattan Supreme Court judge dismissed 25 Central Park West board's mo…

Located at 575 Park Avenue, the Beekman, a co-op that sits at the heart of one of the most exclusive, expensive and sought-after neighborhoods in the world. How expensive? Well, two-bedroom apartments in the Beekman can command $2 million a…

Whether you manage a tight-knit building with just a few units, or a sprawling development with hundreds, property management comes with unique challenges. In this clip, two industry veterans let us in on the biggest ones they face in servi…

The viability of the 421-a tax abatement was up in the air last month as the New York State Senate passed sweeping reforms via a rent regulation bill which has caused quite a stir in the real estate community.  After pushback from …

Property managers wear many hats and have job descriptions covering everything from bidding out capital projects to mediating spats between neighbors -- so how do individual managers determine what needs to be done, and when? In this clip, …

Boards -- whether co-op, condo, or HOA -- hire managers to handle the administrative, operational, and social sides of what can often be a tricky field. How much leeway a manager has to get the job done depends on several different variable…

Updated 6/20/19, 9:53 a.m.  You could own two pieces of property that once belonged to Donald Trump's former campaign manager Paul Manafort, courtesy of the American government.  Manafort is currently a serving seven-and-a-half-year feder…

To actually remove floors or space from a newly-constructed building because of a violation of zoning rules is quite rare as it is drastic. And i t is a situation that a nearly-completed Upper East Side condo tower could be facing.   Manh…

Buying an apartment in New York City isn’t just a matter of finding the right unit and qualifying for a mortgage. In the case of a co-op, it’s also a matter of passing muster with the board. And even for a condominium world today, prospecti…