HABITAT
Apartment Owners and Buyers:
Buying a NYC co-op or condo apartment is one of the biggest investments you'll every make. This purchase is more than just buying a home, it's investing in a housing corporation. Articles, here, will help you understand what your investment really means, and how to make a safe one.
Plus, get check out:
The Co-op/Condo Owner's Manual
Manhattan Co-Op and Condo Sales Drop, Prices Rise a Bit
April 08, 2024
Cash sales accounted for 63% of deals closed, thanks to high interest rates.
In a first, rent-stabilized apartments are converting to affordable co-ops — forever.
Even if inflation continues to cool, shortage of apartments for sale will take years to correct.
Lower broker commissions will mean lower closing costs for co-ops and condos.
Unit-owners learn that $6 million apartments are not immune to construction flaws.
Gov. Hochul Plans Push to Restore 421-a Affordable Housing Tax Break
January 12, 2024
Return of property tax exemption could revive multifamily housing construction.
Can't Sell Your Condo? Try an Auction.
January 09, 2024
Condo sellers are finding that auctions are not just for art and antiques.
WIth Rates High, Cash Was King in Co-op and Condo Sales in 2023
January 08, 2024
Co-op and condo market likely to open up in new year as interest rates come down.
Gov. Hochul Signs Watered-Down LLC Transparency Act
January 02, 2024
Bill to reveal secretive owners of condos passes, with a major condition.
Co-op Boards' Broad Powers Do Not Include the Right to Discriminate
December 26, 2023
Seller suspects the co-op board might be discriminating against her. That's illegal.
Board Talk
Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!
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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