Self-management definitely has its perks - autonomy and cost-savings being two big ones - but eschewing professional management also has its downsides. In this video, legal professionals discuss how boards that opt to self-manage can steer …
The New York Public Library is calling out a nearby condo building for imposing a $15,000-a-month fee that could hamper the library's renovation of its Mid-Manhattan branch, the New York Post reported yesterday. According to the s…
Last in a series on housing discrimination. In case you missed our previous three articles, The Cooperator touched on several important and current issues in housing discrimination law and how they affect co-op corporations and condo …
One likely looks upon a towering high-rise shining upon the Manhattan skyline, and assuredly thinks to oneself, “that building must be quite the endeavor to manage, should it be a condominium or co-op residential property.” And that hypoth…
When it comes to energy efficiency, mismanagement of energy could be both wasteful and costly for multifamily properties. Scott Burns of Marathon Energy Corp. talks to The Cooperator on what could be done to prevent those mistakes.
Third in an ongoing series on housing discrimination. Read parts one and two . In this series, The Cooperato r has examined discrimination laws in relation to multifamily buildings. Among the issues we’ve covered included people…
The New York City Fire Department (FDNY) recently passed new rules affecting many multi-family dwellings in the city. As reported in Habitat last month, duplexes and triplexes were required to install reflective signage on apartme…
Even if you're on the board of a tiny, tight-knit building or association, that doesn't mean that you can handle your community's business with a handshake over coffee at the local diner. For the protection and long-term security of your co…
Many apartment dwellers live under the misconception that their choice of dwelling--whether it’s a multi-family building or in a community--relieves them of many of the mundane responsibilities of home ownership, like no lawn to mow and no …
The co-op application process is one of rigor and induced anxiety, whereby aspiring shareholders are scrutinized not only for their finances, but their character and demeanor as well. The length of the review varies by association, but it o…