Douglas Elliman and Bilt Rewards Team Up for Co-Op and Condo Points
Habitat Magazine
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2d ago
Residents in the 400 co-ops and condos managed by Douglas Elliman will get rewarded for paying monthly charges on time ..read more
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Queensview Co-Op Saves $1 Million with Combined Facade and Roof Repairs Project
Habitat Magazine
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2d ago
Queensview Inc., a 726-unit co-op in Astoria, is saving up to $1 million on a $12 million facade and roof replacement project by consolidating the work, which will take two years to complete ..read more
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Queens Co-ops' Lawsuit to Block Local Law 97 Is Revived by Appeals Court
Habitat Magazine
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2d ago
An appeals court has reversed the dismissal of part of the lawsuit seeking to block Local Law 97 ..read more
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Two Bills Seek to Limit Rent Spikes in the City's 100 Land-Lease Co-ops
Habitat Magazine
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2w ago
Two new bills before the state Legislature would limit rent spikes when ground leases expire ..read more
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Co-Op in Crown Heights Faces Major Structural Repairs, Displacing Residents
Habitat Magazine
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2w ago
A 100-unit prewar co-op in Crown Heights is undergoing extensive structural repairs due to deterioration, with a line of apartments needing to be demolished and rebuilt to restore structural integrity, while the board has set aside $25,000 to subsidize the rent for displaced shareholders ..read more
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New York City's Hidden Water Tax May Cause 8% Increase in Bills
Habitat Magazine
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2w ago
The Adams administration is proposing a hidden tax that could cause water bills to jump by 8.5 ..read more
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License Agreement Essential for Facade Repairs and Building Renovations
Habitat Magazine
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2w ago
Access to neighboring buildings for facade repairs and other renovations requires a license agreement, which includes architectural and engineering plans, a noise mitigation plan, and a license fee, with fees being reasonable and proportional to the complexity of the project ..read more
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Judge Approves $418M Deal, Billions in Home Seller Savings Ahead
Habitat Magazine
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3w ago
The $418 million N.R.A. settlement could save home sellers billions of dollars ..read more
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Bronx Co-Op Implements Smart Radiator Covers to Cut Carbon Emissions and Energy Costs
Habitat Magazine
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3w ago
Fordham Hill Oval, a 1,130-unit co-op in the Bronx, is installing thousands of smart radiator covers to cut fines and save on energy costs, taking advantage of a no-money-down subscription payment model ..read more
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Understanding Fiduciary Duty For Co-op and Condo Board Directors
Habitat Magazine
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3w ago
New board directors often underestimate the scope of their responsibilities when they assume their roles, including the financial complexities and legal constraints of managing a co-op or condo, the importance of a code of ethics, the need to declare conflicts of interest, and the importance of reading the bylaws and governing documents ..read more
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