UPPER WEST SIDE

Michele Kleier, president of Kleier Residential and a frequent presence on the HGTV reality show Selling New York, is trying to sell Apartment 7A at 1125 Park Avenue. She describes the unit in this prewar co-op as "gracious" and "elegant," and the luxury property itself as having great amenities and lovely neighbors. She should know. She's lived in the building for 32 years, part of a phenomenon known as "resident brokers."

Resident brokers such as Kleier can be a blessing: Because the building they represent is also their home, they know it well and understand the quirks of the condo or co-op board, and thus are more likely to deliver buyers everyone will love. They have been selling apartments for a long time, frequently with few problems. Your building may have someone like this, who has become the "go-to" salesperson for residents.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, we learn that property taxes are going up. That's news? It is when the jump will be 5.5 percent for co-ops and 7.4 percent for condos (per the New York Post) or 7.5 percent for co-ops and 9.6 percent for condos (per The Wall Street Journal) — as opposed to just 3.8 percent for owners of single-family homes! Wait, don't single-family homes already get their assessed values capped at 2 percent each year, while there's no cap on how high co-op and condo valuations can rise? Plus: We've board members who somehow couldn't predict the headline "Deaf Grandfather Fights Condo Board to Keep Service Dog." And isn't all this is exactly the kind of stuff a new co-op / condo social-media site will let apartment-owners talk about amongst themselves?

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, the battle over emotional-support dogs gets even more emotional at East River House, as the feds get into the act. Elsewhere, condo and co-op boards might want to partake of a new program teaching doormen to recognize and report elder abuse. And some in City Council push for property-tax rebates. Plus, co-ops try to more like condos and vice-versa, a new affordable housing program will fill a long-empty condominium in The Bronx's Mount Hope neighborhood, and Ronan Farrow (pictured) may be your new Upper West Side neighbor.

Are New York City elevator inspectors being arbitrary in finding violations, or is something even more troublesome going on?

"My super will say, 'The [elevator]inspector was here today,' and we go through the process with our service company to get costs on fixing the violations and deciding how to do this most cost-effectively," says Grant Varga, a longtime board member at the 13-story prewar co-op 12 West 67th Street, near Central Park. "Then, a couple of months later, a different inspector will come here and we get more violations. Why didn't the first inspector catch what the second one called violations?" he asks.

Veteran managing agent Gerard J. Picaso, president of Gerard J.Picaso Inc., who is unaffiliated with Varga's building, has had the same experience. "You do the work, and then another inspector says, 'Here's a bunch of other stuff that's wrong.' You go, 'Wait a minute. We just fixed a bunch of things.' But another guy looks at it from a different angle and you're back to doing more work."

Eleanor Selling, an anthropologist by training and former trade-desk manager at J.P. Morgan Chase, has been part of the renovation committee at 5 Riverside Drive in Manhattan since 2011. The former board president recently sat down with Habitat Publisher and Editor-in-Chief Carol J. Ott, to discuss leadership qualities and lessons learned on the job.

Homeowners rose in tax revolt again in 2012, yet politicians still failed to act to solve inequities hurting co-ops and condominiums. A board may have helped drive a resident to suicide. No-smoking rules, digitized offering plans and automated water-meter readers all made the news. And good boards and bad have their say and their day in some of the year's most interesting utterances.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, a Chelsea condo board has won its battle with a downstairs gym, New York City investigates possible fraud by Lower East Side co-op board members and a Queens co-op says it's not soulless. The Comptroller says the City goes too easy on water-bill deadbeats, raising rates for the rest of us. An expert answers: Are condo boards as powerful as co-op boards? And Law & Order's Richard Belzer sells his co-op. Dun dun!

By all accounts, the original Schwab House was a beauty to behold. An extravagant, 75-room mansion located on Riverside Drive between West 73rd and West 74th Streets, it was constructed for steel magnate Charles M. Schwab and has been called “the grandest and most ambitious house ever built on the island of Manhattan.” It combined details from three French Renaissance châteaux and took four years to build at a cost of $6 million. After Schwab’s death, however, the building fell on hard times. It was demolished and replaced in 1951 by a 17-story, 633-unit building that was also called the Schwab House. It went co-op in 1984.

Now, in a small way, some of its predecessor’s grandeur may be returning to the property. 

A five-year capital plan is an important tool co-op boards and condominium associations need in order to move their building forward in a cohesive, strategic way that optimizes the resources at hand. Trouble is, once you put something in writing, your shareholders and unit-owners don't always understand that real life sometimes gets in the way: The economy plunges, and banks won't give you the loan you need; you want to install a gym, but heavy snow and unseen longtime damage makes your garage roof cave in. You know how it goes. So with residents ready to pounce, should you share the plan with the shareholders/unit-owners?

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, police erroneously force a doorman to let a delinquent owner into her condo apartment — while almost simultaneously, a judge is ruling that she pay up first. Add the fact this occurred at the condominium where Joan Rivers is board president only goes to show that no matter who you are, board members (as another comedian put it) get no respect, I tell ya. Except here, of course, and for boards we've news of a lawsuit against an insurance agent who procured inadequate flood coverage, efforts to keep an alleged hoarder away and that graffiti on the side of your building? It may be worth six figures.