29 King St., a SoHo condo in a historic district, successfully replaces 48 windows with LPC-approved replicas, ensuring energy efficiency and aesthetics.
29 King St., a SoHo condo in a historic district, successfully replaces 48 windows with LPC-approved replicas, ensuring energy efficiency and aesthetics.
New Local Law 97 rules offer incentives for NYC buildings pursuing decarbonization retrofits, outlining good faith efforts, emission credits, and compliance measures.
Co-ops and condos can legally require owners to have insurance, allowing boards to raise building deductibles and potentially lower premiums.
Helene Schulman, a Beekman East condo unit-owner, faced legal action for hoarding, causing a fire, and obstructing repairs. Court granted preliminary injunction for condo access.
Condo boards facing unpaid common charges can expedite eviction using a writ of assistance within the foreclosure action, with specific requirements.
The board debates how to interact with shareholders. Key is articulating overarching goals, building trust, transparency, interaction, and seeking input.
Failing to update co-op or condo bylaws can lead to outdated protection and legal challenges. Boards must carefully follow the amendment process.
Sally Jones, board secretary at Jaxboro Corp., emphasizes communication. Successfully ran for the board, improved communication, handled financial challenges, and future plans discussed.
Manhattan Place condominium faced lobby floor cracks post-Hurricane Sandy. Solution: flexible large-format tiles, silicone grout, and anti-fracture membrane to absorb movement.
A Midtown condo grapples with extensive vault repairs beneath the property, encountering complex regulations, revocable consent fees, and multimillion-dollar assessments.
Lower Manhattan co-op faces complex decisions, such as delaying chimney inspection, replacing lintels, and handling super's congestion pricing expenses.
A Brooklyn co-op, Sun Garden Homes Association, completes a facade insulation project using EIFS, enhancing aesthetics, reducing maintenance, and improving energy efficiency.
New York land-lease co-ops face challenges with decreasing apartment values, difficulty in refinancing, and potential astronomical rent hikes upon expiration.