Industry professionals talk about capital planning and budgeting for your community.
What are the Basic Steps of a Reserve Study?
Tag: new this week
Skyscraper on Stilts
Residents of the Sky House condominiums at 11 E. 29 th St., a 55-story building that once towered over its Madison Square Park neighborhood, have launched a successful zoning challenge against a newly proposed condo across the street, te…
A New Classification
For the last three years State Senator Tony Avella, D-11, who represents the Queens neighborhood of Bayside, has been trying to get co-ops and condominiums in the state of New York reclassified under the tax code so as to lower the amount o…
Transition From Sponsor Control
New York boards have a more difficult time understanding and managing the transition process than other places in the country because specific rules and regulations exist elsewhere to guide them through the process, according to experts at …
Mosquito Control in the Wake of Zika
If you're ever outdoors during the summertime, you know that those darn mosquitoes are unavoidable, whether you're sitting on your patio or picnicking in the park. The most common solution is either swatting the pesky creatures away from yo…
The Changing of the Guard
One important attribute of any condominium or cooperative board is that it manifests the best interests of its owner or shareholder base. This requires a certain attentiveness, as the wants and needs of residents are likely to change over t…
A Blow to Airbnb?
Airbnb's stake in the New York housing rental market could hit a major snag thanks to state lawmakers. The New York State Senate passed a bill on June 17 that would prohibit users of the popular online hospitality marketplace from adve…
Be Prepared
A panel of emergency preparedness experts from emergency management to officials with the NYPD and SEIU Local 32BJ told a roomful of board members and managers the urgency of preparing residents and building staff for events ranging from te…
Hot New Amenities
Amenities are catnip for the potential condo buyer. Whether we choose to admit it or not, most of us can't help but be enticed by shiny new things. Not a big swimmer? Okay, but it's still nice to know that the pool is there in case you chan…
Bike Storage
For the last decade or so, newly constructed residential buildings have featured all kinds of novel amenities, from simple but unexpected to the opulent and extravagant — and it shows no signs of slowing down. “ There’s an amenities …