Brick Underground

“Liquidated damages are fees imposed by a condo or co-op board to give the building some control over a shareholder or owner’s renovation project,” says Niki Khindri, an associate attorney at Manhattan law firm Wagner, Berkow & Brandt, who negotiates construction contracts and handles construction issues for co-op and condo boards as well as shareholders and owners. 

This is Part II of a first-time buyer's story of finding a studio in Chelsea and partnering with Bolster to renovate it.

A couple struggled to connect with architects for the gut renovation of their historic Clinton Hill townhouse until they turned to Bolster, a New York City-based firm that has designed a radically transparent renovation experience.

This week we bring Brick Underground's "Take It Or Leave It" column to our listeners, discussing what to look for in rental listings and how to avoid getting tripped up by, among other things, net effective versus gross rent, or legal bedrooms versus dens. Host Emily Myers is joined by Brick Underground’s managing editor Jennifer White Karp and Constantine Valhouli, founder of the real estate research and analytics firm NeighborhoodX.

In this episode of the Brick Underground podcast, we take a look at some of NYC's most pressing transit issues as well as its success stories. We'll also dig into what it means to be a smart city, how New York is competing, and what public data collection can do for your housing goals. Our guest for this episode is Sarah Kaufman, associate director of the NYU Rudin Center for Transportation. ​​​​​​​

There was a sharp decline in the total number of Manhattan co-ops and condos over the past 10 years, however sales volume in total dollars rose throughout the decade, according to Douglas Elliman’s 2019 Manhattan decade sales market report.