Tag: new this week

Property insurance is one of the most important components of protection for common interest communities.  It protects the property, association, corporation, board members, and residents from potentially financial consequences in the event…

Nobody would claim that managing condos, co-ops or other multifamily properties is an easy gig -- quite the opposite is often true. Here, management pros dish the dirt on what makes their job tough. (Spoiler: it may not be what you think!) …

Living in and running  a co-op or condo can be stressful. And it's understandable that both the board of an association and those to whom it serves can find themselves overwhelmed, not only with vital information pertaining to their day-to…

Buying a home for the first time is a major life event, right up there with getting married, having children, or driving your first car. Especially for longtime New Yorkers who have previously rented, it's a big step towards owning somethi…

Even the most laid-back, harmonious community will periodically experience conflicts -- maybe between board members, between neighbors, or between residents and the board. Resolving these issues without litigation or lingering acrimony is k…

In a scene from the 1985 historical drama Out of Africa , Lord Delamare (portrayed by Michael Gough) asks the Danish writer Isak Dinesen (played by Meryl Streep) if she had insurance after her coffee farm in Africa burnt to the ground. “…

Halloween may be over, but that doesn't mean that living in a co-op or condo community can't be scary sometimes. And while multifamily real estate is rarely haunted in a truly spectral sense, eerie goings-on still take place, sending chills…

Throughout New York City's five boroughs there are myriad neighborhoods that attract a particular demographic due to history and culture. Astoria, Queens is as widely known for its Greek community as Greenpoint, Brooklyn is for its Polish o…

New York was a city of renters until the mid-1970’s, when the trend towards  co-op and condominium ownership began.  Prior to that, most residents chose to live here because it was the Big Apple and for the anonymity it afforded.  Unlike sm…

Serving on your building or HOA's board isn't easy -- particularly if your background is short on administrative experience. In this clip, some industry pros who work with boards every day give us some insight into what they wish more board…