July 10, 2018
Benefit to residents and commercial tenants worth the added cost.
Written by Bill Morris on June 29, 2018
Board adapts to shareholders' changing ages, tastes, and needs.
June 12, 2018
Lawsuit filed as city council considers trimming co-op board powers.
June 06, 2018
Boards can require – and store – pictures and identification of visitors.
May 30, 2018
Illegal bathroom is why boards insist on alteration agreements.
April 23, 2018
Boards, not shareholders, need to act when unwanted winged guests visit.
Sure, it's no Jenga tower, but it's still set to become the tallest above 72nd Street. According to New York YIMBY, Tribeca-based developer DDG has officially broken ground on 180 East 88th Street: "The 32-story structure will feature 30-foot-high masonry arches on its top floors and a façade clad in brick imported from Denmark." Each of the 48 condos will average about 2,693 square feet, with ceiling heights of 16 feet. No gripes about tiny New York apartments and lack-of-space issues at this place. As for the ground floor, it will "host 52,000 square feet of commercial space, a small nonprofit art gallery, and 36 bike storage spots." YIMBY adds that generous zoning in the Upper East Side "has made it a hotbed for new high-rise condo towers. The short list includes two 21-story towers planned near the 86th Street stop on the 4/5/6, at 1289 Lexington Avenue and 147 East 86th Street, an Extell-developed condo project in the works on Third Avenue between 94th and 95th Streets, and a glassy development designed by SHoP under construction at 1711 First Avenue." Well, someone has to make sure of the Second Avenue Subway once it's finished in late 2016 or early 2017. It ain't New York City unless the trains are crowded, after all.
Image via DDG
January 25, 2018
Angry unit-owners claim interior renovations were put ahead of facade repairs.
Written by David Bogoslaw on December 11, 2017
Long-term leases are a hedge against an uncertain retail future.
Written by David Bogoslaw on September 20, 2017
Is the 99-year lease going to become the new normal?
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
A free digital resource for co-op/condo board directors. Published twice a month. Read now on all digital devices.