Tag: new this week

Change is constant in New York City: people move in and move out; businesses open and close; buildings go up… and up and up. The reasons for change are varied, but one factor in why neighborhoods  -- especially in Brooklyn -- have been cha…

One thing denizens of condominiums and cooperatives alike agree on is amenities; they just gotta have them. The more the merrier even. But while celebrated luxuries like pools or mainstays like lobbies are unlikely to ever fall out of favor…

What's new and exciting in the landscaping and lawn care field? What trends are blooming for spring? This landscape pro offers a bouquet of fresh ideas for co-ops, condos and HOAs. 

It's hard to imagine that seven months from now, the fifth anniversary of Superstorm Sandy hitting the East Coast will be upon us. The memories of that day on October 29, 2012, and its immediate aftermath, are still vivid for those who sur…

A proposed Republican New York State Senate bill calls for an increase in the number of condo projects from the outer boroughs as part of a revised 421a tax abatement program  to spur affordable housing--a move that earlier prompted concern…

While not every co-op, condo, or HOA is struggling financially, every board should concern itself with the financial health of the community it governs. Here, financial pros give boards some tips on how to fortify their bottom line. 

Just like breathing and sleeping, slips and falls are a natural part of life—whether it's momentarily stumbling on a sidewalk or briefly losing your footing in the shower. Most of us would regard such incidents as one-offs. But judging by t…

While most purchasers of condos and co-ops prefer conventional fixed-rate financing, there is a substantial market for variable rate co-op and condo mortgages. Generally referred to as ARMs (adjustable rate mortgages), these instruments ca…

In late February, as reported by the Associated Press , a Massachusetts man crashed a homemade aircraft into the roof of a condominium building, resulting in the tragic death of the pilot. Because this happened in the middle of a Tuesday…

Making sure your building or association has adequate funds to carry out major capital projects - roof repairs, boiler/HVAC replacements, new windows, etc. - is a crucial part of your board's fiduciary duty, and conducting a capital assessm…