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-op City Completes $48.5 Million Elevator Modernization Project
Written by Emily Myers on August 28, 2024
Co-op City is undergoing a $48.5 million elevator modernization project, which includes replacing 176 cabs, shafts, and machinery, and will be completed in early 2025.
U.S. Rep. Ritchie Torres has found "egregious disparities" in delivery fees.
Reports are designed to detect and correct imminent dangers.
Boards have until July 31 to schedule free inspections of facades, boilers and more.
Rule takes effect Nov. 12, and new "NYC Bins" will cost $50.
DOB Turns to Tech Sector to Enforce Deluge of New Laws
July 08, 2024
The overwhelmed DOB is teaming up with the Partnership for New York City.
Proactive inspections are a response to two recent building collapses.
Boards need to remain vigilant even as Local Law 18 curbs illegal sublets.
Bills require load-bearing capacity study, double civil penalties, and more frequent inspections.
Queensview Co-Op Saves $1 Million with Combined Facade and Roof Repairs Project
Written by Emily Myers on May 15, 2024
Queensview Inc., a 726-unit co-op in Astoria, is saving up to $1 million on a $12 million facade and roof replacement project by consolidating the work, which will take two years to complete.