As we head towards the second quarter of 2003, the world is a very different place than it was at the turn of this new century. Back then, New York City was riding high on the crest of the "New Economy," toasting success in a rocket-fuele…
2003 Mar
Focus on... Market Review & Forecast
Eventually, Manhattan's lower tip could have an economically diverse population, a variety of new retail shops to service them, and more green space. If things go as Mayor Michael Bloomberg hopes, that is. Today, the region's weekday stree…
While the year 2002 was marked by the economic ups and downs of a turbulent stock market, the lingering effects of September 11th and fears over new terrorist attacks and impending war in the Middle East, the real estate market and the con…
When someone says the words "tree-lined street," what comes to mind? Whatever you're envisioning, chances are it's easy on the eyes and the spirit. The phrase connotes a certain placid, upscale sensibility, which can translate neatly into…
The Lower Manhattan Development Corporation (LMDC) and the Port Authority of New York and New Jersey (PANYNJ), the agencies charged with overseeing the rebuilding of the World Trade Center site, have narrowed the field from nine design con…
Back in the days of irrational exuberance, co-op board directors would occasionally contact me to inquire about investing in stocks to achieve higher rates of return on reserve funds. I believed it was an unwise move then and my advice wou…
When you think of household pests - that's pests, not pets - it's usually bugs and rodents that come to mind. In New York, however, birds are pests too; especially the overabundance of pigeons that congregate on buildings seeking food and …
Just about every neighborhood in New York City has had its ups and downs and its own particular stereotypes. Areas rise and fall as centers for culture or as fashionable places to live. For whatever reason, few places have been on the roll…
The Cooperator recently hosted the first of what is hoped to be an ongoing series of casual, roundtable-style forums in which co-op and condo presidents from all five boroughs met to discuss issues and concerns of particular interest to sh…
Mayor Michael R. Bloomberg recently signed legislation increasing the income exemption eligibility levels to help reduce the tax burden on senior homeowners. Intro 265 amends the city's administrative code with respect to the Senior …
Subletting your co-op or condo apartment in the city is a lot like subletting a rental - but with a few important differences. Many co-op apartment boards flatly refuse to allow subletting, and of those that do allow it, nearly all have st…
If you're house hunting anywhere outside of Manhattan, you can waltz into pretty much any real estate office in the town of your choice and, within minutes, with a click of the mouse, your agent can produce a list of every available proper…