A co-op building wants only all-cash offers. Is that a red flag?

… Coop boards at highend buildings may restrict financing to keep their properties exclusive These boards are also likely to take a hard look at a prospective buyers financial and … sits on land the building doesnt own and if the buildings rent goes up residents fear the coop could dissolve and its …

By Celia Young |June 17, 2024 - 12:00PM
How NYC co-op and condo boards can crack down on illegal short-term rentals

… New York Citys crackdown on illegal shortterm rentals has made it more difficult for apartment owners and renters to skirt the law and rent out their units But illegal … and coop boards have adopted their own fines and policies to limit illicit rentals  Boards have instructed building …

By Celia Young |May 28, 2024 - 4:00PM
Do New Yorkers need earthquake insurance?

… $100000 deductible for earthquakes under the earth movement category without explicitly excluding earthquake … of when a policy is going to expire for example  Trouble at home Get your NYC apartmentdweller questions answered by an … What do New Yorkers need for earthquake insurance … Live … Troubleshooting … boards … insurance … safety … Do New …

By Jennifer White Karp |April 15, 2024 - 3:45PM