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Real Estate Trends 2019-2020 Roundup and Projection
2019 Winter 2019-2020 Roundup and Projection

In markets throughout the nation, 2019 was a year of uncertainty, reflecting change in the basic mechanisms of how we view, buy, and sell real estate. That uncertainty extended to all markets, from traditional single-family homes to co-ops …

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Q&A Q&A: Save Our Super
2019 October Q&A: Save Our Super

Q. Our super was hired six months ago. He’s a hard worker and all the tenants like him. But the president of the board fired him three days before his six-month probation period was up. The tenants requested a special meeting to find out …

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Q&A Q&A: Elevator Maintenance Charges
2019 October Q&A: Elevator Maintenance Charges

Q. Ours is a 96-unit multi-unit building with 12 tiers of eight condominium units per tier. There are two units on each floor in each tier. Each tier has an elevator that serves the second, third and fourth floor units and there is an ele…

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Q&A Q&A: Setting Up a Charter for a Master Association
2019 October Q&A: Setting Up a Charter for a Master Association

Q. I am president of a master association with 16 homeowner associations. Recently, our new attorney recommended creating charters for our master association and the advisory committees. What are the advantages of this over just creating …

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Real Estate Trends Basement Rooms
2019 October Basement Rooms

Architecture and design have changed a lot over the years. Considerations for ‘what-goes-where’ are very different now than, say, back in the Roaring Twenties, when so much of New York’s housing stock – and hence a large proportion of today…

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Maintenance D.I.Why Not?
2019 October D.I.Why Not?

Amid moments of economic uncertainty, a condominium, cooperative, or homeowner’s association may instinctively want to pinch pennies when it can, especially in regard to maintenance projects. Should an association have a full-time, in-house…

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Law & Legislation Interesting Conflicts
2019 October Interesting Conflicts

There is a natural inclination in business to work with those whom you know and trust. Relying on relationships that have developed over time is just a commonsense way to ensure that you’re getting a fair deal from a competent vendor who wi…

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Design Internal Affairs
2019 October Internal Affairs

The days of homogenized, antiseptic dwellings are behind us. Whether city or suburb, people are looking to live in alluring spaces within dynamically-designed residential properties. The last few years have seen aesthetic trends come and go…

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Board Operations Fines and Penalties
2019 October Fines and Penalties

Community living comes with lots of rules and regulations – many of which are codified in largely static, hard-to-amend governing documents like proprietary leases and condominium declarations. Others are laid out in the more flexible conte…

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Board Operations Condos, Co-ops & Kids
2019 October Condos, Co-ops & Kids

While children are most certainly the future, in the present they can often be a bit of a handful. In buildings and associations where residents live in close quarters, it’s inevitable that unit owners without kids will cross paths with the…

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