New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

MANHATTAN

The board can amend the lease to include late fees and seek possession in housing court.

Smart technology releases heat only when needed, reducing waste.

Cash sales accounted for 63% of deals closed, thanks to high interest rates.

Angry unit-owners seeking new board and $50 million in punitive damages.

Unit-owners learn that $6 million apartments are not immune to construction flaws.

Affordability is the goal for condo unit-owners in Battery Park City.

Shareholders claim board is running a "racket" in their posh Museum Mile co-op.

Under the warranty of habitability, co-op and condo boards must make sure all intercoms work.

The Trump brand has proven a drag on values for Manhattan condos.

Co-op and condo boards are urged to get busy complying with Local Law 126.

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