Brick Underground

“Depending on the house rules in your building—and the proprietary lease if it’s a co-op—your board may be within its rights to fine or take action against residents for excessive noise,” says James Woods, Esq., managing partner at Woods Lonergan PLLC, a Manhattan-based law firm focused on real estate.

It’s important to give owners—and their tenants where necessary—reasonable notice about the work that needs to be done. Most bylaws contain a provision that says unit owners have to provide access to their apartments if building repairs are necessary. 

If you’re planning on renovating a New York City apartment or house in the near future, factoring in the impact of inflation should be your main priority. Here's how you can work around inflation costs, according to Bolster, a NYC design-build firm.

Market your co-op, condo or brownstone to buyers without listing it publicly. Quietly test your price and marketing strategy first with The Agency's pre-launch strategy.

First-time NYC co-op buyers need to understand that every co-op building is different and comes with its own rules about financing, renovations, subletting, and more, say attorney James Woods of Woods Lonergan.

In deciding whether you negotiate collectively or independently, consider the minimum buyout amount you will accept, the amount of time you are willing to stay put, and how much it matters to you that the last tenant in the building often gets the highest buyout figure.