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.
December 02, 2024
Shareholders and unit-owners have limited options when repairs cause inconvenience.
November 22, 2024
There's a new map that will tell you if your building has lead in its water pipes.
November 19, 2024
The next step could be mandatory restrictions under a drought emergency.
November 12, 2024
Mandate goes into effect today for all residential buildings with nine or fewer units.
November 05, 2024
There are steps boards can take to soften the sting of today's hard insurance market.
October 22, 2024
Auditors also found no-bid contracts and $1 million in questionable spending.
October 15, 2024
Low- and moderate-income households are the most vulnerable.
Written by Emily Myers on September 25, 2024
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.
September 13, 2024
Iconic building is part of a post-pandemic trend of office-to-residential conversions in New York City.
September 06, 2024
A new study reveals that sheds can cut profits by almost $10,000 a month.