New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

NEW YORK CITY

Nearly 4,000 boards are facing a decision that will put them in a “pickle.”

Condo Board Goes in for Early Detection of Water Leaks

Written by Bill Morris on February 09, 2022

New York City

New sensors alert staff within seconds after moisture appears.

Prevailing Wage Affidavit Deadline Pushed to April 15

Written by Bill Morris on February 07, 2022

New York City

Boards must pay prevailing wages to qualify for a cherished property tax abatement.

When abatements end, taxes are sure to go up — but how much and how fast?

Archaic assessment formulas and annual caps have led to massive disparities in tax burdens.

Board let a problem persist for years without taking action. Not a good idea.

Brisk market and COVID-19 are causing delays in closings.

For Co-ops and Condos, Garages Are the New Facades

Written by Bill Morris on January 27, 2022

New York City

City has begun rolling out new regs on mandatory periodic inspections.

Co-op and Condo Tax Abatement Now Has a String Attached

Written by Bill Morris on January 19, 2022

New York City

Boards must pay prevailing wages to qualify for a cherished tax break.

The Rules Keep Changing for Co-op and Condo Boards

Written by William D. McCracken on January 18, 2022

New York City

Get ready for even more new laws and rules in the coming months.

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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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