New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

NEW YORK CITY

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

The Department of Buildings has proposed rules allowing buildings to lower penalties for excess carbon emissions by purchasing offset certificates, with the funds going towards a GreenHOUSE Fund to help decarbonize affordable housing, including low-income co-ops.

New York City's composting mandate goes into effect on October 6, requiring buildings to separate food scraps and yard waste from their regular trash, with fines ranging from $25 to $300 for failing to comply.

Shareholders and unit-owners have limited options when repairs cause inconvenience. 

Happy Thanksgiving

November 27, 2024

New York City

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

There's a new map that will tell you if your building has lead in its water pipes.

Many heirs who inherit co-op apartments must still jump through board hoops.

The next step could be mandatory restrictions under a drought emergency.

It's not always necessary to raise monthly maintenance and levy assessments.

Even as interest rates have fallen, mortgage rates have gone up. Here's why.

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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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