New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

TRIBECA

... tiptoeing on tipping, fulminating on flooring and trying out Tribeca. And see why a broker says not to pay brokers ... directly.

How would you like to make sales dry up in your building? Or guarantee you'll lose every challenge to your authority as a board? What if you couldn't charge assessments, collect flip taxes or go after people who were in arrears? Nutty, right? Well, not so nutty if you're one of those condo or co-op boards that don't keep minutes.

Ed Fields, who has lived in Tribeca since Halloween 1982, has seen his neighborhood change – but still regards it as a “a small town” located within the vast city. He notes that change can be good, and points to the condominium he has lived in for the past 20 years as an example.

The building, at 55 White Street, was constructed in 1861, and features a striking cast-iron facade, with large picture windows, Corinthian columns, and intricate designs in the brickwork. It was one of many beautiful buildings that resulted in the neighborhood being designated the Tribeca East Landmark District in 1988.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, are the primarily Polish residents of The South Star condominium prejudiced against the Russian lady, or do they just not like her illegal hoteling? Plus, U.S. Rep. Steve Israel (D-Hauppauge) talks HUD money for superstorm-Sandy repair grants, the CityRealty website revamps and Chelsea Clinton buys a condo, in neither Chelsea nor Clinton. And for condo and co-op boards, we've got noise-and-nuisance fights on the Lower East Side and in Tribeca.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, schools rent space in a co-op and a condo, easing those buildings' upkeep costs, and a lawsuit at a Midtown East co-op says a family has turned a hallway into their personal playroom. Plus, advice on co-op admissions interviews, how to increase your apartment's value, and Nets star Deron Williams bounces into a new condo.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, we're still waiting for the New York State legislature to keep its commitment to renew the tax abatement that tries to equalize co-op / condo property taxes with those of single-family homes and townhouses. Plus, experts advise you on preparing your co-op admission package, on upping your credit score and on not rushing into a mortgage. For condo and co-op boards we've expert advise on the best and worst types of commercial tenants you can have in your building. And for Coen heads, we've word on Ethan's apartment

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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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