Is a condominium -- or any type of common interest community -- a democracy? Do the shareholders in a co-op have the right to access the documents and information their boards use to make decisions? Can they demand to see those documents? T…
For just over a decade, a small paved lot on the Lower East Side of Manhattan sandwiched between high school tennis courts and Seward Park (the oldest municipal park in the nation) has been the site of a popular weekend street fair in the s…
On Monday, New Yorkers were stunned to see a brutal anti-Asian hate crime captured on a security camera in front of a residential building at 360 West 43rd Street near Times Square. Outrage was compounded by video footage of the building …
The New York City Department of Buildings (DOB) has released its 2021 Covered Buildings List for benchmarking compliance. All properties on this list must submit a benchmarking report of their 2020 utilities data by May 1, 2021. As a …
Co-op buildings, as we know, are governed by boards of directors elected by the shareholders of the co-op. Candidates often campaign for a seat on the board, not unlike politicians campaigning for public office. But is a co-op a democracy? …
This past Wednesday, March 24, CooperatorEvents was proud to present our inaugural Virtual Expo - a free-to-attend, all-online companion to the in-person trade shows that over the years have become must-see events for thousands of board mem…
After a strong January and February, real estate demand in New York City - particularly in Manhattan, Brooklyn, and parts of Queens - is seeing a surge as we enter the spring months. According to Mansion Global , new signed contracts f…
2020 was a year like no other for the residential real estate market, and the market is still feeling the effects. The onset of the COVID-19 pandemic in the late winter and early spring of last year set off a series of whiplashing shifts.…
Cities reshape and reinvent themselves regularly and organically. Old buildings become obsolete for a variety of reasons, and new buildings replace them. Many a four- or five-story tenement has been knocked down to make way for a shiny, new…
As developers struggle to offload excess condo inventory in an oversaturated market that at least partially stalled at the onset of the coronavirus pandemic, it is widely reported that investors and mezzanine lenders have swooped in wit…