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Bond. Performance Bond

New York City

if a contractor defaults. For a project with a budget of less than $500,000 and no down payment required, bonding

City Failing to Collect Millions in Property Taxes

New York City

. The latter, the Real Estate Tax, underwrites much of the city's annual budget. "DOF’s failure to institute

Long-Range Planning, the Gift That Keeps Giving

North Babylon, Long Island

anymore. The walls of the boilers were paper thin.” Once again, by carefully planning and budgeting

Is Property Tax Reform Dead Under de Blasio?

New York City

for nearly half of the city’s budget, and it is widely acknowledged that any reforms must be zero sum

A Co-op Board Learns How to Handle a Long-Running Crisis

Laurelton, Queens

? We budgeted each year for this expense so the residents did not have to pay [an assessment], and we

Co-op and Condo Flip Taxes in Peril as Housing Recession Looms

New York City

to find homes within their budget. As more and more prospective buyers pause on buying, sellers are forced

New Law Eases Conversion of Rentals Into Co-ops and Condos

New York State

when for-sale housing stock is at an all-time low, and budget woes will only grow worse in the face

Cash-Strapped City Fails to Collect $2.1 Billion in Unpaid Fines

New York City

it on the rising cost of handling the influx of immigrants — the city's Independent Budget Office (IBO) reports

Property Tax Reform Proposals Will Be Revealed “Soon”

New York City

’s annual income from property taxes, which fund nearly half of the city’s $92 billion budget. One homeowner

Will Property Tax Reform Pit Renters Vs. Co-ops and Condos?

New York City

-ops and condos),” Ana Champeny, the director of city studies at the Citizens Budget Commission, tells Commercial

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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!

Super starting his own business outside of the co-op

Bob B JR Dec 20, 2024

radiator air valves

Pre-war cooperative NYC Dec 19, 2024

Coop serious problem - staff work without permits, etc

DM Dec 15, 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

learn more

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

Source Guide

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