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Boards and managers in the tristate area and beyond know what a tall order it is to run a co-op, condo, or HOA; from structural maintenance to interpersonal communication and conflict resolution, the skills and strengths that make for effec…
Construction industry research publisher Construction Coverage just released the 2024 edition of its Home Improvement Spending Report , with some interesting data specific to the New York-Newark-Jersey City metro. Key Findings for the…
When buying an apartment, be it a condo or a co-op, among the soundest advice for any purchaser is caveat emptor - buyer beware. In most buildings (especially older ones), it’s inevitable that there will be occasional and sometimes leng…
In a market economy, price and value are assumed to be mutually reflective. Investors expect that their assets - in our case real estate, and specifically co-op and condominium apartment units - not only maintain their value, but experienc…
While the economy has largely recovered from the unprecedented uncertainty and instability brought on by the COVID-19 pandemic, the 2024 release of a report on mortgage delinquency rates by U.S. city and state conducted by Construction …
At the forefront of reducing carbon emissions nationwide, New York City’s Local Law 97 is prompting co-op and condominium communities to confront and reduce their carbon footprints. More often than not those efforts require costly upgrades …
In a recent decision, a New York City co-op was ordered to pay $165,000 to a shareholder over the board’s refusal to allow her to keep her ‘emotional support parrots’ - a judgment the U.S. Attorney for the Southern District of New York …
Lead paint has remained a critical health hazard in New York City for decades, especially among young children. To combat this, the City has implemented rigorous lead testing and remediation abatement laws, imposing significant penalties fo…
According to a recent report from Construction Coverage, a website that compares construction software and insurance, becoming a homeowner remains largely out of reach for many Americans, despite home price growth stabilizing. A recent …
The presence of commercial space in a shared interest building can be a blessing for the community - and it can also be a burden. It can bring in much needed additional income to help defray the cost of running the building - but at the sam…