Is it a conflict for a shareholder to be the manager of our five-unit co-op?

… is also on the board and expects payment for their management role they will need to disclose a conflict of … and conflicts of interest … In order to operate a property management company in New York at least one person in the … collect money says Mark B Levine principal at the property management firm EBMG  If this shareholder doesnt have a …

By Emily Myers |August 14, 2023 - 9:30AM
How to deal with a renovation that violates your co-op or condo board's alteration agreement

… any work that violates the allimportant alteration agreement including work that is unauthorized intentionally … comes in two flavorsa small one that covers things like painting and closet systems alteration lite and a large one … says Its one thing when someone is having the walls painted and another when the project consists of …

By Evelyn Battaglia |March 17, 2023 - 11:00AM
How do high carrying costs lower the sales price of a co-op or condo? Is there a formula to figure this out?

… when you buy in New York City is an apartments carrying coststhe monthly payments youll make towards building … a month and another similar unit with monthly costs of $2500 a month is there a way to figure out how the difference … getting buyers boardapproved Get in touch with us > > … Use average carrying costs as a benchmark … Seth Levin a broker …

By Emily Myers |March 13, 2023 - 12:30PM
How often should our property manager be at our co-op building?

… and productive says Michael Wolfe president of property management at FirstService Residential New York   The property managers responsibilities are broad ranging from the … Wolfe says  Depending on your contract your property manager may be involved in collecting maintenance or common …

By Emily Myers |March 13, 2023 - 9:30AM
Pandemic silver linings: How NYC real estate has changed for the better

… the pandemic and yet the health crisis has ushered in some positive changes for New Yorkers including how you buy … for example is one unexpected pleasure providing a way for some small businesses to keep their doors open and … place he says  Read on for more pandemic silver linings for NYC real estate that are here to stay … Video apartment …

By Jennifer White Karp |October 13, 2020 - 12:30PM
6 ways to break your NYC apartment lease

… sponsor told us back in April the number of tenants leaving NYC was massive And leasing agent Adam Frisch managing … tenants coming in now are being offered three months freesomething she was not offered in April  I understand we all …   … Rent … Roommates + Landlords … The Search … Live … boards … broker fee … Coronavirus … landlords … …

By Emily Myers |September 23, 2020 - 12:30PM