In a residential real estate market that is getting more crowded with high-end luxury properties, developers are devising ways to attract potential apartment buyers. As one example, f irms like Extell have offered more intuitive bonuse…

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In a residential real estate market that is getting more crowded with high-end luxury properties, developers are devising ways to attract potential apartment buyers. As one example, f irms like Extell have offered more intuitive bonuse…
Long Island City became the talk of the town late last year after it was marked as one of two likely locations for a new Amazon headquarters. After much uproar from residents worried that such a massive project would rapidly gentrify th…
The allure of owning a condo at Trump Tower has apparently worn off since the election of Donald Trump as president in 2016. In a recent Bloomberg article, Trump Tower was deemed “one of the least desirable luxury properties in M…
As reported by the Commercial Observer in January of this year, Elliott Management Corporation and GFI Capital Resources Group acquired the Parker New York hotel for $420 million, with hopes to renovate and add 67 condominium units…
What’s more ‘New York’ than therapy? How many Woody Allen movies feature a scene where Allen’s character is lying on a comfortable couch in an impeccably decorated room overlooking the Hudson as he confesses to his psychotherapist? That sce…
Community associations are increasingly looking toward environmentally-friendly options to heat, cool and power their properties in order to reduce their carbon footprint and save money. Wind turbines, solar panels, combined heating and pow…
Perhaps the most critical element in a successful marketing campaign for a co-op or condo unit is the price. Well, how is that price determined? What factors are considered? Whose expertise is needed to arrive at the optimum number? Is …
2018 – and the first half of 2019 – have been anything but dull, from the global level all the way down to co-op, condo and community association communities. While it’s somewhat beyond The Cooperator’s scope to opine on geopolitical curren…
After many years of expansion and growth nationwide, most co-op and condominium markets saw both turbulence and some overall decline in 2018. The market has turned from one favoring sellers to one more hospitable to buyers. Markets like sta…
Housing Development Fund Corporation (HDFC) co-ops are an important and unique segment of the New York housing market that many fellow co-op shareholders are unaware of. Those who do know of the program are often familiar with it only from …