HABITAT
City Council Tightens Climate Mobilization Act
October 30, 2020
Change will affect some co-ops with rent-regulated apartments.
When a Transfer of Shares Is Not a Transfer of Shares
Written by Andrew P. Brucker on October 27, 2020
Co-op boards need to protect their right to approve transfers and collect flip taxes.
Low Interest Rates Come With New Snags for Refi Shoppers
Written by Lisa Prevost on October 26, 2020
Want to refinance your co-op's mortgage? Get your ducks in a row.
Luxury Condo Prices Expected to Reach a Record $5.9 Million
April 29, 2015
According to a report released early this week by CityRealty, the average price of new development units in buildings such as One57 is expected to reach a record $5.9 million this year. Those "slumming it" in a regular old existing Manhattan condo can expect to pay closer to $2.7 million this year. That said, far fewer units are being built now than were build during the development boom of the mid-2000s; therefore, the number of closed sales is expected to increase more modestly than their prices.
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When a Co-op's Commercial Tenant Suffers, Everything Is on the Table
Written by Ann Farmer on October 23, 2020
Lease renegotiations are just one strategy for co-op and condo boards.
Energy Efficiency Letter Grades for Co-ops and Condos Are Almost Here
Written by Alex Zafran on October 22, 2020
By Oct. 31, boards must post their building’s letter grades for the first time.
Different Tools for Enforcing the Rules in Co-ops and Condos
Written by William D. McCracken on October 20, 2020
Boards need to use every tool in the box during the pandemic.
An Emotional Support Animal – a Boxer – Lands Condo Board in Court
October 16, 2020
HUD claims Long Island condo discriminated against disabled resident.
Co-op and Condo Boards Bracing for a COVID-19 Halloween
Written by Kathryn Farrell on October 15, 2020
Some are banning trick-or-treating while others are cutting back festivities.
Costs Join Legal Liability as Barrier to Reopening Gyms
October 13, 2020
Some co-op and condo boards are balking at paying required expenses.
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