New York's Cooperative and Condominium Community

Habitat Magazine Business of Management 2021



Hell’s Kitchen co-op works hard not to become a holiday hotel.

Residents of outer boroughs needed to join the ambitious TOSS crusade.

Resistance seen along Billionaires’ Row is absent for women’s shelter.

Condo board prevails in dispute over what’s allowed in common areas.

Three years after fatal fire, lawsuit filed against Strand condominium.

A Condominium That Rose From the Ashes

Written by Bill Morris on December 16, 2016

Hell's Kitchen

Sometimes, calamity can make a building stronger and better than ever.

The Piano Factory's Lessons on Self-Management

Written by Matthew Hall on September 23, 2016

Hell's Kitchen

It saves money, but it also means never getting to say you’re too busy.

The Perils and Paybacks of Self-Management

Written by Matthew Hall on September 09, 2016

Hell's Kitchen

“The Dakota of Hell’s Kitchen” has decided to go it alone.

It’s not easy being rich in this town nowadays. Unit-owners at the luxury condominium tower Atelier on West 42nd Street have filed a $100 million lawsuit against the developer, the Moinian Group, claiming the company is preventing them from using the building’s pool and fitness center.

Company head Joseph Moinian called the claims “meritless,” The Real Deal reports.

However, the board of managers contends that after selling his sponsor units, Moinian retained ownership of the building’s common spaces. By way of adding insult to injury, Moinian not only blocked Atelier residents from using the building’s pool and gym, he made the facilities available to residents of his nearby rental building, Sky.

Built in 2007, Atelier – that’s French for studio – has 478 condo apartments. One, the 45th-floor penthouse, is currently on the market for $85 million. It comes with a $1 million yacht, two Rolls Royce Phantoms, and $2 million in credit to renovate the space – but no pool or gym access. Mid City Gym is just a few blocks away. They don’t have a pool, but they do offer tanning.

It's no news that New York is changing and fast. Luxury condos, soaring rents, New Yorkers getting priced out of their longtime homes, longtime businesses getting priced out gentrified neighborhoods… In recent weeks, we've read about the 85-year-old grandmother getting evicted from her home in Little Italy (where she's lived since the 1960s) by her landlord, the Italian American Museum — a painful reminder that Little Italy continues shrinking, and there's not much of it left. We've also read about how photographer Jay Maisel, who purchased the Germania Bank building, a gorgeous graffiti-covered Bowery holdout, finally caved after 40 years and sold it for a sizable profit. Hell's Kitchen is another neighborhood that is changing fast. After more than a century in business on West 44th Street, in its original 1912 building, Dykes Lumber Yard has packed up and relocated. Citing city documents, DNAinfo reported that the family who owned the property, and the lumberyard, sold the building to condo developer Charles Friedman for just under 11 million dollars in June. The lumberyard is moving to 124 E. 124th St. Dykes President Charles Kreyer told DNAinfo that "Hell's Kitchen had become inhospitable to the business' industrial needs. 'The city was coming around and making everything difficult,' he said. 'People can't make deliveries, you can't load up a truck.'"

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