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Borrower’s Burden: Can a Co-op/Condo Get a Loan with No Prepayment Penalty?

an existing underlying mortgage for most buildings. Patrick B. Niland, a mortgage broker, is the principal ... With very rare exception, all underlying mortgages have prepayment penalties. Many people think

Purloined Packages: Is Your Building Responsible for Stolen Deliveries?

New York City

Surprisingly, no it isn't, according to BrickUnderground.com's "Ask the Experts" column

Ask Habitat: Taking Control of Lobby Resdesign

New York City

consensus that the lobby actually needs to be renovated. Ask a realtor or two if you are losing sales ... A BUYER ASKS: The lobby in our co-op looks terrible. It’s dark, outdated, and even Goodwill won ... Ask Habitat: Control of Lobby Resdesign ... Ask Habitat: Taking Control of Lobby Resdesign

Hallway Tobacco Smoke Can Kill an Apartment Sale. Have Sellers Recourse?

New York City

in The New York Times' "Ask Real Estate" section, what can one do about the smoker next-door, whose tobacco

Ask Habitat: When Buying Apartment, Is Co-op's Underlying Mortgage Important?

New York City

this loan, your monthly maintenance can change. Briefly, a co-op's underlying mortgage is one of the key ... A BUYER ASKS: I want to buy a co-op apartment on the Upper West Side, but when I looked ... Ask Habitat: Co-op Mortgage Expiration ... Ask Habitat: When Buying Apartment, Is Co-op's Underlying Mortgage Important?

Ask Habitat: Must a Board Alert Potential Buyers to Past Bedbug Outbreaks?

New York City

to hurt the building’s sales. While that’s unlikely and extreme, there’s one surefire way to find out: Ask ... A BUYER ASKS: A broker just showed me an apartment in a building that’s perfect for me. Then I did ... Ask Habitat: Disclosing Bedbugs to Buyers ... Ask Habitat: Must a Board Alert Potential Buyers to Past Bedbug Outbreaks?

Is My Mortgage Worth More Than a Hole in the Ground?

. Real estate broker Gordon Roberts of Warburg Realty says it’s unlikely you’ll get a mortgage before ... Mortgage for New Construction ... Is My Mortgage Worth More Than a Hole in the Ground?

Turnaround UNABRIDGED

Magazine Article by Bill Morris on June 01, 2014

-motivated. And that leads to a question that people have been asking for years: is it time to start licensing those who

Sellers: When There's Something a Broker Breaks, Who Pays for It?

New York City

Brick Underground’s latest "Ask the Expert" column focuses on who pays for repairs when a broker ... When Brokers Break Things ... Sellers: When There's Something a Broker Breaks, Who Pays for It?

Taking Charge of the Numbers UNABRIDGED

Magazine Article by Jennifer V. Hughes on May 01, 2014

; and notes and financial statements, which can include the mortgage, lease commitments, and corporate taxes

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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

Source Guide

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