National Association of Realtors settlement will lower broker commissions across the board.
There are limits to the reasonable accommodations co-op and condo boards must make.
Written by Peter Moulinos, Managing Partner, Moulinos & Associates on April 11, 2024
A dispute can arise when a commercial unit-owner is asked to pay an assessment or common charges for an expense that is unrelated to their unit, which can be resolved through the governing documents, amendment of the bylaws, and professional opinions.
Written by Emily Myers on April 10, 2024
A Manhattan co-op has solved its noisy steam radiator problem by converting the system into a two-pipe system with steam traps, removing the radiator air vents, and lowering the boiler pressure, resulting in a quieter system and savings on its energy bills.
Written by Emily Myers on March 13, 2024
If enacted, the Green Buildings Act would offer a lifeline to apartment buildings struggling to meet Local Law 97’s carbon emission requirements.
Most are set at 1% or 2% of the sale price, but there's a lot of wiggle room.
April 05, 2024
High-end co-ops and condos likely to be big losers if property tax reform comes.
A ruling from the state's highest court has made it more likely that the city will be forced to make changes to its property tax system.
April 01, 2024
New York City's overdue property taxes are at their highest level ever — $880 million — with single-family and condo owners making up a third of delinquencies.
Mayor Eric Adams wants to life restrictions on building density and add affordable units.