New York's Cooperative and Condominium Community

HABITAT

NEW YORK CITY

J-51 and property tax relief could help pay for clean-energy retrofits.

Co-ops Are Losing Their Luster to Condos. Here's Why.

Written by Rebecca Blacker on January 07, 2025

New York City

Co-ops with flexible rules tend to attract young buyers and maintain apartment values.

 

 

 

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Lower price tags make co-ops attractive, provided they have the right amenities.

Deadlines Loom to Offset Renovation Costs With New J-51

Written by Emily Myers on December 31, 2024

New York City

The newly passed tax abatement program allows eligible co-op and condo boards to offset renovation costs by filing applications within four months of completion or effective date.

Co-ops and condos have an opportunity to showcase high-efficiency cold-climate heat pumps thanks to a $10 million NYSERDA initiative.

Happy New Year!

December 31, 2024

New York City

The Habitat Group extends warm holiday wishes to New York's co-op and condo community.

While the overall co-op and condo market struggled, the high end flourished.

Court reverses earlier decision that cleared way for enforcement of money-laundering law. 

"Even our uncertainty is uncertain," says a veteran real estate appraiser.

Happy Holidays!!!

December 24, 2024

New York City

The Habitat Group wishes happy holidays to New York's co-op and condo community.

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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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