The U.S. Treasury Department announced in January that it will begin to track illicit cash purchases of luxury condos in New York and Miami. In New York, the new regulations will apply to cash transactions of $3 million or more. The federal…
On January 22, Airbnb listed New York City as the third-most travelled to city for business trips on its new “Airbnb for Business” platform. The announcement comes a month after the company released data showing that 55 percent of Airbnb us…
When it comes to building management and operations, is your property manager working harder, or smarter? Technology systems designed specifically for property management and building operations are becoming more popular, allowing your prop…
“I wish someone had told me the nuances of trying to cultivate a community while also trying to manage a business,” said Pat Burke, president of the Fieldstondale co-op in the Riverdale section of the Bronx, and a 12-year member of its boar…
Back in 2011, New York City’s Department of Finance released its annual property assessments for residential buildings in all five boroughs, and co-op and condo residents in Northeastern Queens were not happy with the results. The valuation…
Drones: destined to be the scourge of the skies? Or a brilliant convenience that allows people to complete everyday tasks from the comfort of their computers? Only time will tell, but some co-op denizens are already rooting for the latter. …
Following the tragic partial collapse of Champlain Tower South in Surfside, Florida in June 2021, the Community Associations Institute (CAI) convened a trio of task forces to explore laws and best practices for the community association…
The results of a recent study conducted by digital real estate marketplace HomeAdvisor reveal that Americans relate to and interact with their neighbors very differently today than in decades past. According to the company’s report based …
At this time last year, many states initiated a series of eviction moratoriums, with governors issuing executive orders to prevent certain residential tenants from losing their homes to eviction during the coronavirus pandemic. On September…
In light of the catastrophic, deadly condo building collapse in Surfside, Florida, at the end of June, boards and residents in multifamily buildings across the country are taking a hard look at how their own properties measure up to the str…