Written by Bill Morris on November 29, 2019
Seth Kobay went from a garment factory to a real-estate empire.
Written by Bill Morris on May 23, 2018
Mortgage refi and hallway redo are part of “a beautiful thing.”
Written by Tom Soter on September 02, 2015
You never forget being a teacher, says Marion Green, and what you learn doing the job could serve you well if, for instance, you became the president of an 80-unit self-managed condominium called Cameo Plaza in Great Neck, Long Island, and your board decided to refurbish and upgrade the lobby and public spaces.
June 04, 2014
Floodwaters are rising, and so are concerns about safety. While Governor Andrew Cuomo builds breakwater parks and otherwise sets aside land to protect Nw York City's coastline, co-op and condo boards are taking their own steps to protect themselves.
“I think you have to be proactive,” I. Ira Litt, former co-op board president of One Kensington Gate, in Great Neck, Long Island, says of flooding, whether from natural disaster or simply a heavy rain. “If it happens once, it’s too much.”
Written by Ronda Kaysen on July 09, 2013
Hoarding is a mental illness, and condo and co-op boards need to treat hoarders with the same care and understanding as they would anyone with a mental-health issue. But that doesn't mean you ignore the safety, hygiene and vermin problems that hoarders bring about. Here are some tips.
Written by Tom Soter on May 29, 2012
It is almost a mantra with Fred Rudd, the president of Rudd Realty. "You must have a balanced budget," he says firmly, noting that many co-op boards and condo associations make the mistake of trying to balance the budget by raiding the reserves. "Because of that, when it comes to a rainy day, they don't have adequate funds to deal with the problems as they arise."
Written by Tom Soter on May 23, 2012
The Blair House – at least its lobby and hallways – had possibly seen better days, but it was hard to tell. “Dark and dreary” is how one observer described them, with decades-old furniture crowding the lobby and dimly lit bulbs illuminating the long hallways at the 42-unit Great Neck, Long Island, co-op. “We felt it was time for a change,” recalls Naomi Schurr, a board member and chair of the five-person lobby committee. A refinancing provided the money and a shareholder who had recently redesigned her apartment provided the savior: Tina Tilzer, president of Art & Interiors, a redesign firm.
Thinking of buying a co-op or condo? Already bought, and not sure how co-op/condo life and rules work? Learn all about purchasing a place and living in your new community. It's not like renting, and its not like owning a house. What's it like?