assessment

Window pattern in facade of residential buildings
Co-ops
Can I get out of a co-op contract without losing my deposit if an assessment is bigger than expected?
By Emily Myers |May 22, 2023 - 9:45AM
Close-up view of some buildings and skyscrapers during sunset. Downtown Manhattan, New York City, United States of America. - stock photo
Live
What is a co-op or condo assessment? How is it calculated?

… Whether a board imposes an assessment or not can depend on how much money they have in the buildings reserve fund that … allows a board to avoid a permanent increase to the condos common chargesor a coops maintenancesometimes … affect sales price … Assessments will vary based on how many apartments are in the building The more apartments the …

By Emily Myers |March 28, 2023 - 9:30AM
image
Troubleshooting
Does apartment insurance cover a special assessment in a co-op?
By Alanna Schubach |March 14, 2022 - 12:30PM
image
Troubleshooting
How can our condo building pay for capital improvements?
By Alanna Schubach |January 18, 2022 - 12:30PM
image
Sales Market
Changes by Fannie Mae to prevent another Surfside tragedy mean some NYC buyers will lose access to loans
By Jennifer White Karp |December 28, 2021 - 9:30AM
image
Live
How inequitable property tax assessments lock in 'institutional racism'
By Brick Underground |March 9, 2021 - 4:30PM
image
Live
Will my insurance reimburse me for an assessment for Covid expenses?
By Alanna Schubach |June 22, 2020 - 12:30PM
image
Buy
A prewar two bedroom on the UWS with lots of windows, for $999,000
By Emily Myers |February 10, 2020 - 2:00PM
image
Buy
A renovated Hudson Heights two bedroom for $725,000, no board approval required
By Austin Havens-Bowen |January 31, 2020 - 1:00PM
image
Buy
An UES two-bedroom duplex in need of some TLC, for $800,000
By Emily Myers |December 9, 2019 - 12:00PM