HABITAT
Take a peek behind the facades of New York’s co-ops and condos to find out who's fixing things up, and how much it costs. Articles in this section cover dozens of individual projects in co-ops and condos all over New York City. Learn how NYC co-op/condo boards met the challenges of the fix-up, and how you can use their experiences to smooth out yours.
Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers@habitatmag.com to have your project included in our column.
Co-op and Condo Boards Call to End “Crushing” Late Filing Fees for Local Law 97 Reports
Written by Emily Myers on February 12, 2025
A coalition of over 300,000 co-op and condo owners have requested that late filing fees for Local Law 97 reports be waived through the end of the year and scaled back due to the high rate at which the fines are calculated and the lack of a reporting portal.
Hamilton Heights Condo Cuts Emissions with Cost-Effective Upgrades
Written by Emily Myers on February 05, 2025
The Hamilton Heights condo at 668 Riverside Drive has made energy-saving upgrades, reducing costs by 10% and bringing the building into compliance with Local Law 97 without needing an assessment.
Greenwich Village Co-op Facade Repairs Reveal Crumbling Cornice and Rusted Supports
Written by Emily Myers on January 30, 2025
Facade repairs at a prewar co-op in Greenwich Village revealed rusted supports for the building's terra cotta cornice and an eroding ornate frieze in critical condition.
Co-op and Condo Tax Assessments Reach Record Highs as New York City's Budget Grows
Written by Emily Myers on January 22, 2025
Average taxes for NYC co-ops are up by 2.38% and for condos by 2.23%, with the window now open to challenge a unit's assessed value with the Tax Commission.
Harlem Co-op Benefits from Decarbonization Pilot, Paving Way for Offset-Funded Program
Written by Emily Myers on January 15, 2025
HPD is providing funds to switch a Central Harlem co-op complex from oil to heat pumps, setting the stage for more projects for similarly cash-strapped buildings to reduce fossil fuel use.
Landmark Prewar Co-op Tackles Carbon Emissions with Smart Lobby Reno
Written by Emily Myers on January 08, 2025
1120 Fifth Ave. transformed its lobby from a gas-guzzling space to one that is fully electrified, shaving 10% of its annual natural gas consumption.
Deadlines Loom to Offset Renovation Costs With New J-51
Written by Emily Myers on December 31, 2024
The newly passed tax abatement program allows eligible co-op and condo boards to offset renovation costs by filing applications within four months of completion or effective date.
South Bronx Co-op Slashes Emission Penalties by $200K
Written by Emily Myers on December 18, 2024
Executive Towers improved its energy efficiency grade from D to B and reduced emission penalties by $200,000.
J-51 Replacement Offers Help to Co-ops and Condos Needing Upgrades, But Many Miss Out
Written by Emily Myers on December 11, 2024
City Council passes new legislation allowing co-ops and condos to apply for tax breaks for major building renovations.
NYSERDA Program Seeks Co-ops and Condos to Host Next-Gen Heating and Cooling Systems
Written by Emily Myers on December 04, 2024
Co-ops and condos have an opportunity to showcase high-efficiency cold-climate heat pumps thanks to a $10 million NYSERDA initiative.
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learn moreLearn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments
Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
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