New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

BUILDING OPERATIONS


HOW NYC CO-OP AND CONDOS OPERATE

NYC co-ops and condos, like all residential apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit, but to create an environment that owners want to live and invest in. How co-op and condo buildings do that in New York City is what you'll find here. 

Shareholders and unit-owners have limited options when repairs cause inconvenience. 

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There's a new map that will tell you if your building has lead in its water pipes.

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The next step could be mandatory restrictions under a drought emergency.

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Mandate goes into effect today for all residential buildings with nine or fewer units.

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There are steps boards can take to soften the sting of today's hard insurance market.

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Auditors also found no-bid contracts and $1 million in questionable spending.

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Low- and moderate-income households are the most vulnerable.

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A small eight-unit co-op in Lenox Hill received a $270,000 insurance payout from the embassy's insurance carrier after a sewage disaster, allowing them to pay back a line of credit and rebuild their capital reserves.

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Iconic building is part of a post-pandemic trend of office-to-residential conversions in New York City.

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A new study reveals that sheds can cut profits by almost $10,000 a month.

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Ask the Experts

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Learn 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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