According to a recent press release from the National Housing Conference (NHC), the income needed to buy a median-priced home in the United States has doubled since 2019 from $54,200 to $111,000 - and for new homes, the income required has …
With political divisions a hallmark of the times, debates about free speech dominating many a news feed, and midterm elections looming, many co-op, condo, and HOA boards are fielding questions - and complaints - about political signage and …
As the planet continues to heat up, so does the business of countering climate change. A new product in this fight is the SmartWatt boiler system, designed to transform existing heating infrastructure into an energy platform. It can satisf…
According to an October 27 press release from online housing market tracker ShowingTime, home showing traffic continued its decline in September, according to the latest data from the company’s online Showing Index®. Affordability remains …
As part of the larger Climate Mobilization Act, the City of New York passed Local Law 97 (LL97) in 2019 to reduce carbon emissions from buildings. This law enforces carbon caps on most buildings larger than 25,000 square feet—including roug…
The New York City Department of Buildings (DOB) recently published proposed rules for implementing Local Law 97 (LL97), landmark legislation initially passed in 2019 aimed at limiting the city’s carbon emissions. These limits are the center…
On October 18, workers at 108 Leonard Street, a 166-unit luxury condo in the Tribeca section of Manhattan, went on strike to protest a number of alleged unfair labor practices at the condominium developed by Elad Group. According to an anno…
The real estate market since the start of the COVID-19 pandemic has been tough on all buyers, but aspiring first-time buyers may have struggled most of all. For much of 2020 and 2021, the housing market faced a challenging combination of h…
As the effects of climate change intensify, apartment communities are faced with new and newly stringent requirements on many fronts in an effort to slow the tide. These range from converting from fossil fuels to more efficient types of ren…
Board responsiveness and transparency are critical components in the good governance of co-op, condo and HOA communities. It’s the responsibility of the board and its members to act on behalf of the community - a legal obligation known as f…