New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide



In a sign of the times, One57 luxury tower registers its biggest loss ever.

New federal law pierces the veil of anonymous shell companies.

It's not easy being green. Just ask the board of Parc Vendome in Midtown Manhattan. It has spent the past four years making its prewar condominium greener. And it has done that by relying on state-vetted partners to help it navigate a state-sponsored improvement program.

Learning how to get a partner may be an essential skill in the coming years. "Right now, the multi-family performance program is in a period of transition," says Brian Nieves, a sales representative at Daylight Savings, which is a New York State Energy Research and Development Authority (NYSERDA) partner. "NYSERDA is looking to get away from providing cash incentives."

When Parc Vendome first began its energy improvements, it selected the Ithaca-based engineering firm Performance Systems Development. The company conducted a $40,000 energy study of the four-building complex, delivering to the 576-unit condo an in-depth analysis of its property. "It allowed me to really look at the building on a larger scale," says Brenda Colberg, the on-site Charles H. Greenthal property manager for Parc Vendome.

Forget the Golf Simulator, This Co-op Wanted Storage Space

Written by Marianne Schaefer on September 23, 2020

Midtown, Manhattan

They may not be the sexiest amenity, but secure lockers are prized by many.

Tax Reform Commission cites $238 million condo's low tax bill.

Failed condo conversion could become site of deluxe rehab and detox.

Don’t Block My View of Central Park!

Written by Victor M. Metsch on July 18, 2019

Midtown, Manhattan

Essex House legal battle seeks to put a price tag on a condo’s priceless amenity.

Many pricey apartments are never listed for sale.

Luxury condo tower’s occupancy and values are plunging.

New York’s tale of two cities proving difficult to rewrite.

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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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