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Should Parent-to-Child Apartment Transfers Be Subject to Flip Taxes?

New York City

enough money from departing shareholders to meet the building’s capital needs without the board having

Century-Old Park Avenue Co-op Gets a Facelift for the Ages

Carnegie Hill, Manhattan

’re not willing to throw money away. What made the difference was that we had very heavy board involvement. We

City Reinstates Improperly Withheld Co-op Property Tax Abatement

New York City

money, time and mental energy I just don’t have for this sort of thing.” Indeed, she is not the only

Problem Solved: Handling the Hard Insurance Market

New York City

to get their money back. We've also seen a lot of Labor Law claims being paid out, which is affecting

Uncommonly Smooth Common-Area Renovations

Upper East Side

for it. “But then we had to refinance,” Dechowitz says, “and we were able to put some of that money

Heroic Board Member Helps Rescue Distressed Bronx Co-op

The Bronx

-income – but had enough money to guarantee future financial stability.” It wasn’t easy. “It took a year and a half

A New Day at the Newport

Flushing

to $5 million at 3.8 percent, using the additional money to pay off the debt and fund capital

The Co-op Board President Who Misses Nothing

Jackson Heights, Queens

’s conservative about money, but she’s not cheap. She’s good at delegating. She’s perfect.” Missing nothing

A Gas Leak Leaves an Upper West Side Co-op Feeling Lucky

Upper West Side, Manhattan

meter.) “We saved a whole bunch of money,” Berger says, “and even more importantly, we saved a whole

Sponsor Obligations

-ops to raise money with a mortgage or to refinance an existing mortgage. This issue can also affect loans

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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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