New York's Cooperative and Condominium Community

Habitat Magazine Business of Management 2021

HABITAT

CHELSEA

One of the most important things co-op boards and condominium associations want from their property managers is new initiatives — ideas to help improve and upgrade your buildings, or to proactively solve problems. Fortunately, managers say that offering new ideas is a no-brainer — and a necessity if they want to be competitive with their colleagues.

As spotlighted in N.Y. Habitat’s "Silhouette" column in June 1982, the cooperative at 22 West 26th Street was billed as "one of Midtown's last and best loft conversions," with open-plan apartments and views of the Empire State Building and the World Trade Center. Less than 50 percent of the industrial buildings on the block at the time had been converted to residential use, and local zoning preserved much of the gritty feel that drew buyers to New York City's Flatiron District.

... how door staff can help or hinder your co-op / condo sale, a new condo with amenities aimed at Orthodox Jews, and Seward Park becomes "Sewer Park," according to a lawsuit. For condo and co-op boards, we've news on rising water bills and advice on co-op subtenants and condo arrears.

... Manhattan condo prices tells the rest of the country's real estate to sit down and shut up, and we'll tell you the condo where Ricky Martin's going to be living on East 85th Street.

... a Brooklyn co-op ponders the cost of repairs now that its building has been landmarked and a buyer gets blindsided by a seller not honoring a deal — wait till you read why. And a real-estate attorney explains how co-op boards may just have saved New York City real estate.

...crazy co-op neighbors, real estate license violations are now available online and condos are cool in Queens. And for co-op boards and condo associations, we've news of new tax-reform bills in Albany and more.

Read all the latest co-op / condo news for buyers, sellers and board members in Habitat's weekly Monday News Roundup. Also included: Permanent archival links. If a link ever goes dead, you'll still be able to read the backup at WebCitation.org.

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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

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