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What Is an Address Worth? UNABRIDGED

Magazine Article by Lisa Prevost on March 03, 2020

under contract last December, when the asking price had reached $12.5 million. A nine-room apartment

The Chicken and the Egg and the Hallway Renovation UNABRIDGED

Magazine Article by Marianne Schaefer on March 03, 2020

, a barbecue, just to say hello. A few of the board members approached me and asked me to please run

Do You Have Enough Lost-Income Insurance? UNABRIDGED

Magazine Article by Marianne Schaefer on March 03, 2020

, an insurance broker and executive vice president at York International, remembers an extreme case. “A unit

Should a Shareholder Broker Sales in the Co-op?

New York City

previous deals the broker has done in the building, asking for a marketing plan and interviewing a few ... Bad idea: a shareholder who brokers sales in the building and sits on the co-op board. ... Shareholder Broker ... Opinions are divided on the wisdom of a shareholder brokering sales inside the co-op. ... Should a Shareholder Broker Sales in the Co-op?

Elderly Residents Struggling With Cost of Compliance

Jackson Heights, Queens

refinanced the underlying mortgage to get the money we needed for Local Law 11. So far we’ve been fortunate

Home-equity Loans Are Available to Co-op Shareholders

New York City

. But reverse mortgages are not allowed in co-ops, the shareholder doesn’t want to take out a mortgage, and ... Age is no barrier to such loans, but reverse mortgages are off the table.

Lost-Income Insurance Protects Co-ops and Condos After a Disaster

New York City

the resident’s homeowner’s insurance and the co-op’s lost-income insurance. Barbara Strauss, insurance broker

Buying a Co-op? You’ll Need to Reveal Your Finances First

New York City

Kory, a broker with Corcoran, tells Brick Underground. “If you are not comfortable with that

The M-Word (Mortgage) Returns to the Luxury Condo Market

Manhattan

,” says Brian Meier, a Christie’s International Real Estate broker who’s pitching a $14.5 million ... After a hefty price chop, an apartment at One57 sold to a buyer with a $10 million mortgage. ... Luxury Mortgages ... The M-Word (Mortgage) Returns to the Luxury Condo Market

White Plains Co-op Takes Advantage of Low Interest Rates

White Plains, Westchester County

to Midtown Financial, a mortgage broker, and they found the best deal for us – a $575,000 first mortgage

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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

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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