How do high carrying costs lower the sales price of a co-op or condo? Is there a formula to figure this out?

In addition to the sales price of a coop or condo an important consideration when you buy in New York City is an apartments carrying coststhe monthly payments youll … ways to look at itso get your calculator outand read on for what NYCs real estate experts have to say Pro Tip … Dont be …

By Emily Myers |March 13, 2023 - 12:30PM
Co-op and condo board intel: How to choose a new laundry room vendor

… building it usually indicates dissatisfaction with the current company Given that these contracts last on average … … Ask for references  … A laundry room vendor is no different from a contractor or other provider who will be … the company Is the vendor prompt in making service calls Does it properly maintain its equipment Does it replace …

By Evelyn Battaglia |March 8, 2023 - 2:30PM
REBNY warns 3,700 buildings could face over $200 million in Local Law 97 fines next year

… is committed to fully implementing this gamechanging sustainability policy with a focus on working with building … the report also notes it is relying on 2019 benchmarking data which comes from before building owners were first made … Earmark penalty funds for specific purposes related to sustainability or allow owners to make alternative …

By Jennifer White Karp |January 23, 2023 - 4:30PM