How to deal with a renovation that violates your co-op or condo board's alteration agreement

… As a New York City coop or condo board member one of your roles is approving renovations You are also … for addressing any work that violates the allimportant alteration agreement including work that is unauthorized … gut renovation in a super luxury building with floorthrough apartments leveling cement dribbled down into the apartment …

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?

… compared to similar types of buildings Levin uses $250 per square foot as an average carrying cost for coops and condos When … then see an apartment for example with common charges of $1700 consider that youll be paying an additional $700 for the …

By Emily Myers |March 13, 2023 - 12:30PM
Is your lease up? Some NYC landlords give concessions to entice tenants to renew

… Concessions are more prevalent when you sign a new lease  for an apartment in New York City but with the vacancy rate edging up in the Covid era some landlords are … with less commitment in case you lose your job or decide to leave the city Longer leases can lock you in at your current …

By Austin Havens-Bowen |July 28, 2020 - 1:30PM