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In This Lost Year, Outer Boroughs Look Like the Winners

. The median difference between the asking and final price was a hefty 12.4%, or about $250,000, according

Group Calls for Reset of Energy Efficiency Letter Grades for Buildings

Underwriter, State of New York Mortgage Agency Richard G. Lam – Former Director, Transportation and Regional ... A diverse group has asked the city to rewrite its formula for awarding energy efficiency letter

Banks Are Demanding Bigger Down Payments for Mortgage Loans

New York City

help. Melissa L. Cohn, an independent broker with William Raveis Mortgage, says, "There are still banks ... When it comes to down payments on mortgage loans, 30% is the new 20%. ... to demand larger down payments on mortgage loans. ... Banks Are Demanding Bigger Down Payments for Mortgage Loans

Board

Hello, After months of asking my coop's managing agent WHO made up our current Board, and her

Low Interest Rates Come With New Snags for Refi Shoppers

New York City

Seductively low interest rates have sent many co-op boards into the mortgage refinance market ... Co-op boards hoping to refinance their underlying mortgage need to get their ducks in a row. ... Want to refinance your co-op's mortgage? Get your ducks in a row. ... Along with today's attractive interest rates come new requirements from mortgage lenders.

Legal Learning Lab: Contracts UNABRIDGED

Magazine Article by Bill Morris, Carol J. Ott on October 26, 2020

& Jacobs Host: Carol J. Ott Ask insurance brokers what kind of claim occurs most frequently in co

When a Co-op's Commercial Tenant Suffers, Everything Is on the Table

New York City

wearing. Meanwhile, many commercial tenants who are sticking it out are asking to renegotiate leases

Queens Co-ops Hit with Bogus Property Tax Bills

Queens

a mortgage with National Cooperative Bank, which was asking us why we weren’t paying our taxes. And people

Interest Rates Make This Refi Prime Time

New York City

, was busy helping five different co-op boards navigate the process of refinancing their underlying mortgages

Commercial Tenants UNABRIDGED

Magazine Article by Ann Farmer on September 30, 2020

, arranged for it to defer its rent payments for a couple of months. When the same establishment asked

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Board Talk

Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!

Carpet cleaning

Bob B JR Nov 22, 2024

Door mats in coop

Diane Nov 12, 2024

Sponsor Rights

mr.gardenz Oct 20, 2024

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

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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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