HABITAT
Water Rate Jumps 4.42%, Latest Addition to the List of Rising Costs
Written by Bill Morris on July 26, 2023
The cost of everything is going up for the city’s co-ops and condos.
Co-op and condo boards will have to dismantle sheds after work is complete.
Con Edison wins approval for steep rate hikes through 2025.
The Pro's and Con's of Buying a Sponsor Unit in a Co-op
July 21, 2023
Buyers avoid vetting by the co-op board, but they usually pay more for the unit.
How Co-ops and Condos Can Win Big Cuts on Their Property Taxes
Written by Bill Morris on July 20, 2023
A building’s square footage matters when the city computes assessed values.
Co-op and Condo Boards Are Getting the Jump on Garage Inspections
Written by Bill Morris on July 19, 2023
Boards say “Let’s get it fixed” as the first inspection deadline looms.
Most Co-ops and Condos Are Facing an 8% Jump in Property Taxes
Written by Bill Morris on July 12, 2023
New $107 billion city budget includes a tax cut for commercial properties.
Co-op and condo boards will soon have to comply with more new rules.
Boards get some good news as they struggle to comply with Local Law 97.
A New Tool for Co-op and Condo Boards to Track Homeowner’s Insurance
Written by Bill Morris on July 13, 2023
Brokerage develops a way to monitor coverage, a “continuous job.”
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