As 2023 draws to a close, the New York metro’s co-op and condominium communities are feeling the consequences of a long, slow, persistent market decline brought on by the pandemic, rising interest rates, and inflation. That decline has mean…
The success of your co-op or condo community largely depends on the vendors and service providers you choose - especially those you hire to execute larger, more involved projects that have the potential to be disruptive to the residents who…
The National Housing Conference (NHC) recently launched its latest venture in the organization’s ongoing effort to address the persistent affordable housing crisis in America: “Beyond Four Walls: Conversations on Affordable Housing,” a bimo…
It’s no great secret that America is getting older. The birth rate in the U.S. has fallen by more than half since the early 1960s, and the typical life expectancy in the U.S. has increased by around a decade over the same span. Put another …
For many unit owners, there comes a moment when they realize their space needs have changed. For whatever reason, the “perfect” space they chose and invested in years ago no longer works. Maybe their family has grown, and the apartment is s…
According to a recent item published by the National Housing Conference (NHC), the Executive Council for Housing Affordability (ECHA) at the J. Ronald Terwilliger Center for Housing Policy sent a letter to Congressional leaders on Novem…
Whether you’ve tried to buy an apartment or sell one, the past year has been a difficult one. Expectations on both sides have yet to fall in line with the realities of the market - and interest rates haven’t helped the situation. On top of …
The First Amendment of the US Constitution guarantees the right to free speech and expression - but how does that right apply to the residents of multifamily co-op or condo buildings? Does it apply at all? Can you - or the guy down the hall…
Congratulations! You’ve just been elected to the board of directors, and given your first monthly financial packet. Like many new board members, your first thought is, “This is so confusing. Glad I’m not the treasurer - I don’t have to unde…
Q. Our super was hired six months ago. He’s a hard worker and all the tenants like him. But the president of the board fired him three days before his six-month probation period was up. The tenants requested a special meeting to find out …