In-house gyms and fitness centers are some of the most popular amenities a co-op, condo, or HOA can offer residents and prospective buyers -- but just plunking down a treadmill and some barbells in a common room doesn't exactly qualify. In …
Manhattan's Central Park Tower has reached a special milestone. Developer Extell said in a press release that its luxury condo project on West 57 th Street – in the area known as 'Billionaires' Row' – has topped out at 1,550 feet, m…
As the market for co-op and condo units continues to soften in Manhattan and throughout New York City, co-ops and condos are looking to make themselves more competitive. One area where existing co-ops and associations can raise their profil…
An underlying permanent mortgage (UPM) is a commercial loan, not a residential loan like your co-op mortgage. As such, it carries additional and different terms and conditions than a residential mortgage. When selecting a mortgage for your…
As much as a prudent, conscientious board may try to keep a lid on expenditures, sometimes shelling out is unavoidable. When it comes to legal costs though, 'shelling out' can often result in a bad case of sticker shock. In this clip, legal…
A Fifth Avenue co-op that went on the market a few years ago for $120 million has now finally sold – but only at a fraction of that price According to The Wall Street Journal , the 12,000-square-foot, seven-bedroom duplex that once be…
Legendary singer and actress Bette Midler is looking to decamp to a smaller apartment in Manhattan, which is why she and her husband are putting their large Upper East Side penthouse up for sale. The New York Times reported that Midler…
A Mitchell-Lama co-op in East Flatbush has been the scene of a legal drama concerning its board and allegations of poor living conditions, despite scoring an $11 million state loan for needed repairs. According to an article in The CITY …
The Manhattan residential luxury market found itself on the upswing for a change, with two condominiums entering into contracts worth $10 million or more, according to Mansion Global citing Olshan Realty's latest report . For the …
Securing the safety of residents and their personal property is one of a condo, co-op, or HOA board's most important duties. In this clip, two security pros reveal the biggest blunders they see board-management teams make, and give some ins…