NYC co-ops and condos, like all residential apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit, but to create an environment that owners want to live and invest in. How co-op and condo buildings do that in New York City is what you'll find here.
Co-ops and Condos Must Now Test for Lead in Common Areas
March 14, 2025
The long list of city mandates for co-ops and condos keeps growing.
Shoddy Construction Doubles Cost of Condo's Facade Repair
Written by Emily Myers on February 14, 2025
Surprise! Board has to pay to repair a problem that hid in plain sight for 60 years.
How Management Companies Are Tackling the Regulatory Onslaught
Written by Paula Chin on February 11, 2025
Management companies use an array of strategies — and software — to comply with city laws.
Climate Change Causes Tri-State Insurance Rates to Skyrocket
January 17, 2025
Some New York co-ops and condos have seen 300% spikes in premiums.
Co-op and Condo Boards Call the Tune During Required Facade Repairs
December 02, 2024
Shareholders and unit-owners have limited options when repairs cause inconvenience.
30% of City Buildings Have Lead in the Water Pipes
November 22, 2024
There's a new map that will tell you if your building has lead in its water pipes.
New York City Issues Drought Warning as Reservoirs Dry Up
November 19, 2024
The next step could be mandatory restrictions under a drought emergency.
Small Co-ops and Condos Must Now Place Garbage in Secure Bins
November 12, 2024
Mandate goes into effect today for all residential buildings with nine or fewer units.
Higher Insurance Costs, Lower Coverage Squeeze Co-op and Condo Boards
November 05, 2024
There are steps boards can take to soften the sting of today's hard insurance market.
Audit Reveals Shocking Conditions at Three Mitchell-Lama Co-ops
October 22, 2024
Auditors also found no-bid contracts and $1 million in questionable spending.