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Habitat Magazine Insider Guide

HABITAT

NEW YORK CITY

Glenn Coleman at Crain’s New York Business poses the question: Is landmarking in Manhattan getting out of control? “Nearly 30% of Manhattan is now under the jurisdiction of the city's Landmarks Preservation Commission,” he reports. On Tuesday, May 20, Crain’s will be hosting a forum at 8 a.m. at the New York Athletic Club to discuss how landmarking is affecting the real-estate market in New York City. 

Brick Underground’s latest "Ask the Expert" column focuses on who pays for repairs when a broker damages a seller’s property. The answer seems to be the ubiquitous "it depends," but suggestions range from contacting his or her superiors to taking the issue to Small Claims Court, as various situations may warrant.

The New York City metro area generally doesn't have the drought issues of some other parts of the country, but water conservation still remains a good idea. While consumption, condensation and rain make Earth a closed-loop system, we use up our relatively scarce fresh water faster than it can be replenished. Nor is it guaranteed that the quality of the replenished water will be the same. Treating water to make it drinkable takes major expenditure of energy and equipment — and low levels of water in reservoirs can mean higher concentrations of pollutants. Plus, water rates are up and bills are going through the roof.

Checking your water booster could be the easiest way to save your co-op or condo money. Of course, it helps to know what a water booster is. 

Are you in a building taller than six stories? Then you probably have a booster, which is a pump that keeps the water pressure going above a certain height, Since street water pressure in New York City is usually adequate up to about six stories, taller buildings need a booster or roof tank or a booster, or sometimes both. The taller the building, generally the more powerful the pump. So how do you save money with that?

It's a phone call you don't want to make to your co-op or condo's attorney: "What do we do about a staff member accused of abusing a child?" Or maybe it's a resident's teenage daughter claiming that a porter made unwelcome advances. Or someone's wife accuses an elevator operator of molesting her. And what about that theft that a homeowner thinks was a doorman's inside job?

None of these situations is novel, all can be highly contentious, and few can be easily resolved. So what's your lawyer — and what are you — to do?

Want to ensure a quorum at your next annual meeting? Do a lousy job throughout the year.

"That's the irony," notes attorney Phyllis H. Weisberg, a partner at Montgomery McCracken Walker & Rhoads. "When everything is running smoothly and everybody's happy, it's harder to get a quorum."

"People come from far and wide if there are contentious issues," agrees longtime co-op board member Grant Varga, of the 57-unit 17 West 67th Street in Manhattan. "But when everything is going smoothly, people say, ‘What's my motivation to go?' So we work hard to convince them to show up." So how do you ensure that your building has the required quorum to make the annual meeting legit?

As regular readers of Board Talk can well attest, that forum is fraught with unhappy co-op / condo residents and board members alike charging dishonest tactics at the annual meeting where shareholders and unit-owners vote to elect a board. How are you going to assure everyone that the election isn't rigged? Although attorneys and managing agents swear fraud is rare, homeowners need assurance that everything is on the up and up. Here are ways to help make that happen.

A monthly column by HABITAT's editorial director.

 

March 2, 2011 —  "Hey, Tom," my brother Pete said to me softly. "Look over there. Isn't that Barbara Feldon?" He pointed across the crowded theater lobby at a tall woman chatting with a couple of people. Sure enough, it was "Agent 99" from a favorite TV comedy, Get Smart.

"Yes, it is," I replied, always amazed at Pete's ability to spot a celebrity.

"Would you like to meet her?"

New Law Bans Short-Term Co-op & Condo Rentals

Written by Frank Lovece on December 31, 1969

New York City

 

July 2, 2010; updated July 14 and July 25, 2010 — On Friday (July 23), Governor David Patterson signed legislation banning temporary vacation sublets not just in rental but also co-op and condominium apartments — while allowing brownstone owners and single-family home owners to retain their full property-ownership rights. Continue reading for the full, original story and the new law's implications.

In a condo on Manhattan's Upper West Side, a resident's practice of renting his apartment to a string of transient visitors has the condo board concerned and even fearful. Given the state of the global economy, the demand for short-term accommodations in New York City isn't likely to slacken, with Europeans in particular flocking here to take advantage of the weak dollar and the bargains it affords on everything from clothes to computers. So what can a condo association — as opposed to a more strictly regulated co-op corporation — do to keep its the building from becoming a de facto hotel?

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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