HABITAT
NYC co-ops and condos, like all residential apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit, but to create an environment that owners want to live and invest in. How co-op and condo buildings do that in New York City is what you'll find here.
Reports are designed to detect and correct imminent dangers.
Boards have until July 31 to schedule free inspections of facades, boilers and more.
Rule takes effect Nov. 12, and new "NYC Bins" will cost $50.
DOB Turns to Tech Sector to Enforce Deluge of New Laws
July 08, 2024
The overwhelmed DOB is teaming up with the Partnership for New York City.
Proactive inspections are a response to two recent building collapses.
Boards need to remain vigilant even as Local Law 18 curbs illegal sublets.
Bills require load-bearing capacity study, double civil penalties, and more frequent inspections.
Queensview Co-Op Saves $1 Million with Combined Facade and Roof Repairs Project
Written by Emily Myers on May 15, 2024
Queensview Inc., a 726-unit co-op in Astoria, is saving up to $1 million on a $12 million facade and roof replacement project by consolidating the work, which will take two years to complete.
Co-Op in Crown Heights Faces Major Structural Repairs, Displacing Residents
Written by Emily Myers on May 08, 2024
A 100-unit prewar co-op in Crown Heights is undergoing extensive structural repairs due to deterioration, with a line of apartments needing to be demolished and rebuilt to restore structural integrity, while the board has set aside $25,000 to subsidize the rent for displaced shareholders.
In a first, a Mitchell-Lama co-op has converted to an HDFC with a 50% flip tax.
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Habitat Week by Week
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
Ask the Experts
learn moreLearn 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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