A group of residents from a Chelsea condo took an unusual approach to protect their views from being blocked by a proposed neighboring residential tower that developer Extell wanted to build. Rather than suing, the condo owners paid Extell…
The Rockefellers famously built the iconic Center in Midtown Manhattan that bears their name – most likely recognizable to young people as the setting for the TV sitcom 30 Rock – in the 1930s. Its family legacy also lives on via the Ro…
Many co-op and condominium buildings consider themselves fortunate to have income-producing commercial tenants on their ground floor. More often than not, these tenants are medical professionals: doctors, dentists, small outpatient treatmen…
Whether you manage a tight-knit building with just a few units, or a sprawling development with hundreds, property management comes with unique challenges. In this clip, two industry veterans let us in on the biggest ones they face in servi…
For the second week in a row, the Manhattan luxury residential market experienced lackluster sales. According to the latest report from Olshan Realty, only nine contracts for properties $4 million and above, were signed during the week…
After a lengthy foreclosure and bankruptcy process lasting nearly a decade, the auction of the site known as One Bennett Park, located at 29 Overlook Terrace in Upper Manhattan, will be auctioned. The auction was recently announced by New Y…
The viability of the 421-a tax abatement was up in the air last month as the New York State Senate passed sweeping reforms via a rent regulation bill which has caused quite a stir in the real estate community. After pushback from …
The performance of the Brooklyn and Queens residential markets during second quarter 2019 can simply be summed up as this: rising median sales prices and declining number of sales. According to new 2Q 2019 reports released by Douglas Ellim…
Reducing energy waste not only cuts costs for buildings and associations, but also helps reduce a community's environmental footprint. In this clip, an HV/AC expert tells us how incorporating thermostatic radiator valves in your community c…
You could blame the new mansion tax for last week's flat Manhattan's luxury residential sales.performance. According to Olshan Realty's luxury market report for Manhattan properties $4 million or above, there were only nine propert…