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Community Living A Tale of Two Co-ops
A Tale of Two Co-ops

Housing Development Fund Corporation (HDFC) co-ops are an important and unique segment of the New York housing market that many fellow co-op shareholders are unaware of. Those who do know of the program are often familiar with it only from …

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Building Operations Going Up
Going Up

As your dad probably has joked at least once, the elevator business is up-and-down (sorry!) - but with the advent of new technologies and advances in engineering, we've come a long way from the days of creaky, slow lifts and unpredictable s…

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Building Operations Save Your Energy
Save Your Energy

When it comes to energy, conservation is the watchword – not just as pertains to usage (although definitely that!) but also to cost. This may be especially true for New York City's condominium and co-op buildings, in which volunteer boards …

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Real Estate Trends Food for Thought
Food for Thought

If you've followed New York real estate news in the last few days, you have certainly heard about Hudson Yards , the much-hyped, largest private development on Manhattan's West Side that boasts 18 million square feet of commercial and re…

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Community Living Taking Flight to Florida?
Taking Flight to Florida?

It's tax season, and homeowners in some states are apparently getting hit harder than others due to   President Trump’s revised tax legislation.  During a press conference in early February, New York Gov. Andrew Cuomo argued that t…

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Finance Everything You Wanted to Know About Jumbo Loans
Everything You Wanted to Know About Jumbo Loans

‘Jumbo loans.’  It’s a term we hear frequently and see advertised regularly.  But what exactly is a jumbo loan, and how did ‘jumbos’ come to be? Origins The world of home loans -- including co-op and condo mortgages -- has changed and evo…

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Building Operations Multifamily Laundry Technology
Multifamily Laundry Technology

If you're not fortunate enough to have a washer/dryer in your apartment, the next best thing is a communal laundry room -- and those facilities have come a very long way since the days of bleak, fluorescent-lit basement spaces with a couple…

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Buying & Selling Support for Pied-à-Terre Tax Grows
Support for Pied-à-Terre Tax Grows

If state legislators get their way, wealthy people who own expensive second homes in the Big Apple may have to fork over more in taxes. This past Monday, Gov. Andrew Cuomo  and other Democratic leaders in Albany  announced their suppor…

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