Tag: new this week

A comprehensive reserve study is a board's most valuable tool when it comes to planning for major maintenance and replacement projects in their buildings and communities. In this clip, engineering and consulting pros discuss the importance …

Like empty tables in a restaurant, parts of your building may be costing you money instead of paying for themselves or making a profit. Roofs are a perfect example. But how could a co-op or condo make money from their roof? This is wher…

When it comes to tax revenue, New York City has 20.4 billion reasons to thank the real estate industry. According to trade association Real Estate Board of New York (REBNY), the city's real estate industry generated about $20.4 billi…

A combination of rising prices and sales along with sliding inventory characterized fourth quarter 2016 for Brooklyn, Queens and Riverdale home sales in general, according to the latest report by Douglas Elliman Real Estate released on Thu…

For boards looking to pare down their energy usage (and costs), it's helpful to compare their community's energy-use profile to that of comparable buildings or associations. Find out where your board can go to get useful comparison informat…

In movie industry parlance, New York City’s Second Avenue subway line was in ‘development hell’ for almost 100 years —as many Upper East Siders who ride the very crowded Lexington Avenue subway train daily know first hand. Plans for the …

A home equity line of credit (HELOC) is defined by Wikipedia as “a loan in which the lender agrees to lend a maximum amount within an agreed period (called a term), where the collateral is the borrower’s equity in his/her house (akin to…

Stars, of course, are just like us. Or so magazines would have us believe because, say, Ryan Gosling once wore a polo shirt. In reality, however, famous people bring with them a cultural cachet and a renown that objectively sets them ap…

Co-op, condo, and HOA boards have a lot on their plate, and most board members are not legal experts themselves - so it's easy to make mistakes. Here, a few legal pros offer their thoughts on some of the more common ones, and how boards can…

Whether it's for Christmas, Hanukkah or any other occasion during the holiday season, festive decorative lighting is a traditional staple at residences. From real trees draped in blinking multicolored lights, to menorahs left burning on the…