New York's Cooperative and Condominium Community

Habitat Magazine July/August 2020 free digital issue

HABITAT

WINDSOR OAKS

Ronald Kaye moved into the sprawling, campus-like Windsor Oaks apartment complex in Bayside, Queens, in the 1960s. Back then, the garden apartments in 53 two-story brick buildings sprinkled across 40 acres were rentals. Windsor Oaks went co-op in the 1980s, and Kaye, an accountant, eventually became a shareholder, then a board member. Today, he's board president. When he joined the board in the 1990s, it had already established minimum sale prices as a way of protecting the value of all shares, a controversial practice known as "floor pricing." But as the property aged, disparities arose. How did this board find something of a fair solution?

... more on tax-fairness legislation introduced in Albany; whether no-smoking buildings affects apartment prices; a lobby renovation done right; and The Sheffield pools its resources. And for co-op and condo boards, an expert answer on who's responsible with bathtubs leak.

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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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