New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

NEW YORK CITY

Boards need to get busy now, even if they're in compliance with 2024 carbon caps.

A ban requires an amendment to the proprietary lease or bylaws.

The cost of everything is going up for the city’s co-ops and condos.

Co-op and condo boards will have to dismantle sheds after work is complete.

Con Edison wins approval for steep rate hikes through 2025.

Buyers avoid vetting by the co-op board, but they usually pay more for the unit.

A building’s square footage matters when the city computes assessed values.

Boards say “Let’s get it fixed” as the first inspection deadline looms.

New $107 billion city budget includes a tax cut for commercial properties.

Co-op and condo boards will soon have to comply with more new rules.

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Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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