HABITAT
Advocate Says Pied-a-Terre Tax Would Hurt All Co-ops and Condos
Written by Stuart Saft on February 06, 2020
Wealthy owners of second homes would not be only ones hit by tax.
Home-equity Loans Are Available to Co-op Shareholders
February 05, 2020
Age is no barrier to such loans, but reverse mortgages are off the table.
Commission has come out with its long-awaited proposals on tax overhaul.
How to Know When the Price Is Right for a Co-op or Condo
February 04, 2020
In today’s soft market, the pricing sweet spot is a moving target.
Buildings Owners Ignore $31 Million in Fines Over Unsafe Facades
February 03, 2020
As city tries to crack down, 6,000 buildings fail to file inspection reports.
Lost-Income Insurance Protects Co-ops and Condos After a Disaster
Written by Marianne Schaefer on January 30, 2020
But many co-op and condo boards are under-insured. Are you?
Facade Inspections to Get Stricter – and More Expensive
January 30, 2020
The Department of Buildings has issued new rules effective next month.
A Tool for Co-op Boards to Collect Arrears and Legal Fees
Written by Marc Schneider on January 28, 2020
A non-judicial foreclosure sale is a way to induce delinquents to pay up.
DOB Defends Its Enforcement in Wake of Recent Deaths
January 28, 2020
Falling debris came from ticketed buildings that failed to comply with law.
Buying a Co-op? You’ll Need to Reveal Your Finances First
January 24, 2020
The probing can go all the way down to the buyer's credit-card debt.
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