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Co-op and Condo Advocates Push for J-51 Tax Break Renewal

and worrying whether your building could fall behind on much-needed maintenance or capital projects. The City ... City Council has one last chance to renew funding for capital repairs.

For Co-op and Condo Boards, Now Is the Time to Electrify

New York City

. Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers

Co-op Seniors Can Now Get Reverse Mortgages

New York State

; lenders must maintain a minimum of $10 million in capital; the interest rate on the loans can be fixed

London Terrace Towers Co-op Board Gets a Pleasant Surprise

Chelsea, Manhattan

for capital repairs – without raising maintenance or levying an assessment. The loan will also feed ... . Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers

City Council Set to Consider Extending J-51 Tax Breaks

New York City

In a late push to revive the prized J-51 tax abatements that help defray the cost of capital

Pay the Prevailing Wage or Forfeit the Tax Abatement?

New York City

. Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers

Problem Solved: Boards Must be Open about Pandemic Surprises

New York City

-to-day operations. If that money was collected from assessments, potentially these owners contributed capital

J-51 Tax Abatement for Co-ops and Condos Is Stuck in Limbo

New York City

of capital improvements, expired on June 29, 2020. “Any work completed after that date is not currently ... City Council must act to revive means of paying for capital improvements.

Riverdale Co-op Hit With Supply-Chain Problems

Riverdale, The Bronx

supply chains are beginning to crimp capital projects for New York co-op and condo boards. Consider ... . Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers

Fannie Mae Tightens Rules for Lenders in Wake of Condo Collapse

New York City

. Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers

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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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