In today’s legislative world, housing is a big item. Rent-payers, condo owners, co-op shareholders, and developers all have their particular interests—and they don’t necessarily mesh. In the meantime, the ongoing recession threatens all …
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In today’s legislative world, housing is a big item. Rent-payers, condo owners, co-op shareholders, and developers all have their particular interests—and they don’t necessarily mesh. In the meantime, the ongoing recession threatens all …
Every co-op, condo and HOA community is different—each has its own distinctive character, attitude, and expectations. The same is obviously true for the individual people who manage these communities and help them run their day-to-day b…
With smart-phones dominating the cellular market, people now have Internet access anywhere and everywhere they go. While shopping and “googling” are leading reasons to use the Internet, the rise of social media has changed the way in wh…
A friend of a property manager of a New York co-op recently remarked that “Superman has finally met his match” when a task came in that seemed to have the effect of kryptonite and slowed him down—for a moment at least. With man…
Budgeting is never easy, not for a family of four and certainly not for a co-op or condo community of hundreds or thousands of residents. That fact is made all the more difficult by the lingering effects of the recession, which continue…
The holidays are behind us, and the long haul toward spring is underway. Along with the usual springtime showers and flowers, of course, comes The Cooperator’s annual Co-op & Condo Expo. The Expo is quietly taking shape as this spring’s …
The last few years have been stressful and uncertain for many in the real estate game—developers have had to adjust projections and expectations for certain projects. Likewise, sellers and brokers have had to acclimate to a market that,…
As a construction attorney I can say that it is rare that a change is made in the law which revolutionizes the design industry. Up until now, the laws in the State of New York only allowed architectural and engineering firms to be owned…
Tell someone at a cocktail party that you are on a co-op board and the most likely response is “What a thankless task!” It seems every New Yorker has a co-op board horror story—and many of them probably contain more than a grain of truth…
The sad reality is that when a hurricane, flood or fire strikes, often the greatest damage is not caused by the crisis itself, but rather by poor decision making by boards in the aftermath of the event. In the aftermath of a d…