Saving on Energy Cost, Reducing Waste
2Q 2019 Market Survey: Brooklyn and Queens Home Prices Rise, But Sales Fall
421-a Tax Abatement Spared Via Revised Rent Regulation Bill
Washington Heights Development Site Goes to Auction
9 Manhattan Luxury Residential Properties Signed Into Contract Last Week
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Building Operations
Management Relations
Shareholder Relations
2019 July — Current Issue
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Attractive Perks What's Hot—and Not—int he World of Amenities
By Danielle Braff 2012 May Design
You've got the perfect couple looking into buying a condo in your building. And they love everything about the unit.
But here's the catch—they also love everything about another building's unit. They can't decide which to buy.
Then they notice the gym in your building. It has everything they pay for at their private gym, which means they could save $150 every month by canceling their gym membership. And even though their unit has all the bells and whistles and the perfect location, it's that gym that pushed them over the edge and made them take the plunge.
That's exactly what happened to one couple when they were considering Tempo, a luxury condo building in Kips Bay.
They liked Tempo, but they also equally liked another unit in another building.
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Roof Decks: Things You Should Know Before Installing One
Having One Could Enhance Your Building
Managing Athletic Amenities
Maximize Your Rooftop Space
Additional Amenities Attempt to Improve on the Standard Roof Deck
John Feeney on Monday, June 11, 2012 12:17 PM
Is Security considered an Attractive Perk? One that can seal a deal, per example?
Tue, Jul 16, 8:00pm – 11:00pm
NYC DOB: Homeowners Night
Tue, Jul 16, 8:00pm – 11:00pm add to calendar 16-07-2019 20:00 16-07-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY
If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page.
Wed, Jul 17, 6:00pm – 9:00pm
CAI-LI: Summertime Social
Wed, Jul 17, 6:00pm – 9:00pm add to calendar 17-07-2019 18:00 17-07-2019 21:00 America/New_York CAI-LI: Summertime Social For information, visit www.cai-li.org. Whalers, 124 Maple Ave, Bay Shore, NY 11706, USA MM/DD/YYYY
For information, visit www.cai-li.org.
Whalers, 124 Maple Ave, Bay Shore, NY 11706, USA map
CNYC: Onboarding New Board Members
Wed, Jul 17, 7:00pm – 8:00pm add to calendar 17-07-2019 19:00 17-07-2019 20:00 America/New_York CNYC: Onboarding New Board Members Newly elected board members need solid instruction and training to understand their roles and fiduciary duties. Operating a co-op or condo involves many of the same responsibilities as any other business, yet board members are volunteers who may not have experience in such matters. A proactive approach to onboarding new members sets the tone and positions the entire board for success. Management companies are an important partner in empowering new board members and helping them learn the ropes. Management Executive Dan Wurtzel will walk participants through best practices of onboarding new members .There is no fee for representatives of CNYC, FNYHC, CAI, CCC and ARC member cooperatives and condominiums to attend this session ; others are welcome at a fee of $50 if paid in advance or $75 at the door. Advance reservations are required. Call CNYC at (212) 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place. Location TBA MM/DD/YYYY
Newly elected board members need solid instruction and training to understand their roles and fiduciary duties. Operating a co-op or condo involves many of the same responsibilities as any other business, yet board members are volunteers who may not have experience in such matters. A proactive approach to onboarding new members sets the tone and positions the entire board for success. Management companies are an important partner in empowering new board members and helping them learn the ropes. Management Executive Dan Wurtzel will walk participants through best practices of onboarding new members .There is no fee for representatives of CNYC, FNYHC, CAI, CCC and ARC member cooperatives and condominiums to attend this session ; others are welcome at a fee of $50 if paid in advance or $75 at the door. Advance reservations are required. Call CNYC at (212) 496-7400 or send e-mail to workshops@CNYC.coop to reserve your place.
Location TBA map
Mon, Jul 29, 10:00am – 6:00pm
REBNY's Annual Golf & Tennis Outing
Mon, Jul 29, 10:00am – 6:00pm add to calendar 29-07-2019 10:00 29-07-2019 18:00 America/New_York REBNY's Annual Golf & Tennis Outing Player's Information: Golf Tournament: $500 includes breakfast, lunch, reception and dinner; Tennis Tournament: $400 includes breakfast, lunch, reception and dinner; All Day-No Tournament: $350 includes lunch, reception and dinner; Dinner Only with cocktails- $250. For information, visit www.rebny.com. North Shore Country Club, 500 Shore Rd, Glen Head, NY 11545, USA MM/DD/YYYY
Player's Information: Golf Tournament: $500 includes breakfast, lunch, reception and dinner; Tennis Tournament: $400 includes breakfast, lunch, reception and dinner; All Day-No Tournament: $350 includes lunch, reception and dinner; Dinner Only with cocktails- $250. For information, visit www.rebny.com.
North Shore Country Club, 500 Shore Rd, Glen Head, NY 11545, USA map
Tue, Aug 6, 8:00pm – 11:00pm
Tue, Aug 6, 8:00pm – 11:00pm add to calendar 06-08-2019 20:00 06-08-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY
Tue, Aug 13, 8:00pm – 11:00pm
Tue, Aug 13, 8:00pm – 11:00pm add to calendar 13-08-2019 20:00 13-08-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY
Wed, Aug 14, 9:00am – 11:00am
CAI-Hudson Valley: Industry Debates
Wed, Aug 14, 9:00am – 11:00am add to calendar 14-08-2019 09:00 14-08-2019 11:00 America/New_York CAI-Hudson Valley: Industry Debates Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.cai-hvny.org" target="_blank" id="ow381" __is_owner="true">https://www.cai-hvny.org</a>. Westchester Marriott, 670 White Plains Rd, Tarrytown, NY 10591, USA MM/DD/YYYY
Debate Topics (subject to change): 1) Should boards always show a 'united front' at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.cai-hvny.org"; target="_blank" id="ow381" __is_owner="true">https://www.cai-hvny.org</a>;.
Westchester Marriott, 670 White Plains Rd, Tarrytown, NY 10591, USA map
Wed, Aug 14, 1:00pm – 3:00pm
Wed, Aug 14, 1:00pm – 3:00pm add to calendar 14-08-2019 13:00 14-08-2019 15:00 America/New_York CAI-Hudson Valley: Industry Debates Debate Topics (subject to change): 1) Should boards always show a &#39;united front&#39; at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.google.com/url?q=https://www.cai-hvny.org&amp;sa=D&amp;ust=1560799438900000&amp;usg=AOvVaw3grvBhpSAWjUokiq_gpyw6" target="_blank">https://www.cai-hvny.org</a>. Homewood Suites by Hilton Newburgh-Stewart Airport, 180 Breunig Rd, New Windsor, NY 12553, USA MM/DD/YYYY
Debate Topics (subject to change): 1) Should boards always show a &#39;united front&#39; at resident meetings or do residents have the right to know what board members believe in regard to all items? 2) Do pets add value to an association, and if so, is it worth it? No charge and limited to board members, managers and volunteers. For information, <a href="https://www.google.com/url?q=https://www.cai-hvny.org&amp;sa=D&amp;ust=1560799438900000&amp;usg=AOvVaw3grvBhpSAWjUokiq_gpyw6" target="_blank">https://www.cai-hvny.org</a>;.
Homewood Suites by Hilton Newburgh-Stewart Airport, 180 Breunig Rd, New Windsor, NY 12553, USA map
Thu, Aug 15, 7:30am – 11:00am
Bisnow: Bronx State of the Market
Thu, Aug 15, 7:30am – 11:00am add to calendar 15-08-2019 07:30 15-08-2019 11:00 America/New_York Bisnow: Bronx State of the Market The Bronx is no longer the development secret of New York City and recent home sales confirm this: REBNY reported average home sales price in the Bronx rose 12% in the fourth quarter of 2018 from the same period in 2017 -- compared to sales declines in Manhattan, Brooklyn and Queens. The borough still continues to be a crucial affordable housing destination for low-to-middle income residents as elected officials make efforts to curb rising rental costs. How will developers and CRE professionals forecast the impact of an impending rent regulation battle-ground and these complex factors? Find out how at Bisnow's Bronx State of the Market! For information, visit www.bisnow.com. Location TBD MM/DD/YYYY
The Bronx is no longer the development secret of New York City and recent home sales confirm this: REBNY reported average home sales price in the Bronx rose 12% in the fourth quarter of 2018 from the same period in 2017 -- compared to sales declines in Manhattan, Brooklyn and Queens. The borough still continues to be a crucial affordable housing destination for low-to-middle income residents as elected officials make efforts to curb rising rental costs. How will developers and CRE professionals forecast the impact of an impending rent regulation battle-ground and these complex factors? Find out how at Bisnow's Bronx State of the Market! For information, visit www.bisnow.com.
Location TBD map
CAI-Webinar: Miss Deeds: Gathering Evidence for the Enforcement of Rules and Restrictions
Wed, Aug 21, 2:00pm – 3:00pm add to calendar 21-08-2019 14:00 21-08-2019 15:00 America/New_York CAI-Webinar: Miss Deeds: Gathering Evidence for the Enforcement of Rules and Restrictions Board members and managers deal with residents violating rules and restrictions on a regular basis. Addressing pet violations, noise and smell nuisances, rental restrictions, and unapproved architectural modifications can be daunting. Gathering evidence to enforce your community's documents—sometimes referred to as the master deed or declaration of covenants, conditions, and restrictions—can present its own set of challenges For information, visit <a href="https://www.google.com/url?q=http://www.caionline.org&amp;sa=D&amp;ust=1561579047870000&amp;usg=AOvVaw1wsvZ8m6V8DdGEzfUpRbQ3" target="_blank">www.caionline.org</a>. . MM/DD/YYYY
Board members and managers deal with residents violating rules and restrictions on a regular basis. Addressing pet violations, noise and smell nuisances, rental restrictions, and unapproved architectural modifications can be daunting. Gathering evidence to enforce your community's documents—sometimes referred to as the master deed or declaration of covenants, conditions, and restrictions—can present its own set of challenges For information, visit <a href="https://www.google.com/url?q=http://www.caionline.org&amp;sa=D&amp;ust=1561579047870000&amp;usg=AOvVaw1wsvZ8m6V8DdGEzfUpRbQ3"; target="_blank">www.caionline.org</a>;. .
Tue, Sep 3, 8:00pm – 11:00pm
Tue, Sep 3, 8:00pm – 11:00pm add to calendar 03-09-2019 20:00 03-09-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY
Tue, Sep 10, 8:00pm – 11:00pm
Tue, Sep 10, 8:00pm – 11:00pm add to calendar 10-09-2019 20:00 10-09-2019 23:00 America/New_York NYC DOB: Homeowners Night If you are a homeowner, tenant, small business owner or building manager, we encourage you to visit your local borough office where Department of Buildings staff can answer your questions and provide the information you need.Permits, construction codes, zoning regulations, sign offs, certificates of occupancy, place of assembly, equipment installations, violations and civil penalties are just a few of the things we can assist you with. Our plan examiners, inspectors and staff are here to help you build and live safely in New York City – no appointment needed. For information, visit https://www1.nyc.gov/site/buildings/homeowner/homeowner.page. MM/DD/YYYY
Thu, Sep 12, 6:00pm – 8:00pm
​​​​​CAI-LI Chapter Membership Meeting with Educational Seminar
Thu, Sep 12, 6:00pm – 8:00pm add to calendar 12-09-2019 18:00 12-09-2019 20:00 America/New_York ​​​​​CAI-LI Chapter Membership Meeting with Educational Seminar "Rentals in the Community". For information, visit www.cai-li.org. Capital One Bank, 1307 Walt Whitman Rd, Melville, NY 11747, USA MM/DD/YYYY
"Rentals in the Community". For information, visit www.cai-li.org.
Capital One Bank, 1307 Walt Whitman Rd, Melville, NY 11747, USA map
Tue, Sep 17, 7:30am – 11:00am
Bisnow: Brooklyn State of the Market
Tue, Sep 17, 7:30am – 11:00am add to calendar 17-09-2019 07:30 17-09-2019 11:00 America/New_York Bisnow: Brooklyn State of the Market As renters continue to flock to Brooklyn for more space and a discounted price, luxury vacancies are giving some developers pause. However, despite the loss of Amazon's departure from Long Island City, Brooklyn saw two of the most dynamic companies open up shop in the Borough. Find out how Brooklyn is doing in the current market cycle at Bisnow's Annual Brooklyn State of the Market! For information, visit www.bisnow.com. Sunset Yards, 341 39th St, Brooklyn, NY 11232, USA MM/DD/YYYY
As renters continue to flock to Brooklyn for more space and a discounted price, luxury vacancies are giving some developers pause. However, despite the loss of Amazon's departure from Long Island City, Brooklyn saw two of the most dynamic companies open up shop in the Borough. Find out how Brooklyn is doing in the current market cycle at Bisnow's Annual Brooklyn State of the Market! For information, visit www.bisnow.com.
Sunset Yards, 341 39th St, Brooklyn, NY 11232, USA map
Wed, Sep 18, 7:00pm – 8:00pm
CNYC: Condominium Survival Guidance
Wed, Sep 18, 7:00pm – 8:00pm add to calendar 18-09-2019 19:00 18-09-2019 20:00 America/New_York CNYC: Condominium Survival Guidance In the last three decades, condominiums have gone from a rarity to a highly popular form of home ownership. Unfortunately the law has not kept pace with the growth of condominiums and Boards must use an 18-page, 55-year-old law that was based on a Puerto Rican law to solve every problem, while other states have detailed Condominium Acts that provide boards and unit owners detailed guidance on how to operate their condominiums and clarity with regard to the rights and obligations of Boards and owners. This places the Board in a terrible position in attempting to operate a complex building and, deal with everyone's demands. And then there are the myriad of city and state mandates: annual tests to perform, reports to file, deadlines to meet, coupled with day-to- day issues that can arise in the condo community. CNYC board chair Stuart Saft, Esq. will lead a discussion of these issues and others that you raise. Board members and unit owners of CNYC member condominiums are welcome at no cost, but advance registration is required. Non-affiliates are welcome, too, at a fee of $50 if paid in advance or $75 at the door. Please reserve your place at workshops@CNYC.coop or (212) 496-7400. Location TBD MM/DD/YYYY
In the last three decades, condominiums have gone from a rarity to a highly popular form of home ownership. Unfortunately the law has not kept pace with the growth of condominiums and Boards must use an 18-page, 55-year-old law that was based on a Puerto Rican law to solve every problem, while other states have detailed Condominium Acts that provide boards and unit owners detailed guidance on how to operate their condominiums and clarity with regard to the rights and obligations of Boards and owners. This places the Board in a terrible position in attempting to operate a complex building and, deal with everyone's demands. And then there are the myriad of city and state mandates: annual tests to perform, reports to file, deadlines to meet, coupled with day-to- day issues that can arise in the condo community. CNYC board chair Stuart Saft, Esq. will lead a discussion of these issues and others that you raise. Board members and unit owners of CNYC member condominiums are welcome at no cost, but advance registration is required. Non-affiliates are welcome, too, at a fee of $50 if paid in advance or $75 at the door. Please reserve your place at workshops@CNYC.coop or (212) 496-7400.
7/15/2019 Fort Greene townhouse tops Brooklyn luxury sales last week - The Real Deal
A restored 1850s townhouse in Fort Greene topped Brooklyn's luxury residential sales last week.
7/15/2019 How to prepare for a power outage in New York City - Curbed
By all accounts, the blackout that affected a chunk of Manhattan's west side on July 13 could have been much worse.
7/15/2019 Condo Sales Launch For Milk Factory At 850 Metropolitan Avenue In East Williamsburg - NY YIMBY
Condominium sales have launched for Milk Factory at 850 Metropolitan Avenue in East Williamsburg, following the residential conversion of the former Borden Dairy distribution facility. The development team has announced that occupancy is anticipated by the fall of 2019.
7/15/2019 City mulls next steps to crack down on height-boosting 'zoning loopholes' - Curbed
The city recently enacted stricter zoning regulations to curb excessive mechanical spaces in residential buildings, the first in a series of steps geared toward eliminating zoning ambiguities exploited by developers.
7/14/2019 Lights back on after Con Ed equipment failure plunges much of Manhattan into the dark on a summer Saturday night - Daily News
Broadway went dark along with much of Midtown and the Upper West Side on Saturday night when a Con Ed equipment failure cut power to hundreds of thousands of people in Manhattan.
7/12/2019 BP Brewer Proposes Women's Jail for Lockup with Central Park View - The City
When some people look at a soon-to-be-closed men's state prison with Central Park views, they envision pricey condos.
7/12/2019 Boerum Hill residents sue to stop rise of 800-foot Flatbush Avenue tower - Curbed
Nearly a year after the City Council voted to approve 80 Flatbush, the dual-building development set to rise in Downtown Brooklyn, a group of neighborhood homeowners still seeks to stop the project from moving forward.
7/12/2019 Bill would force New York utilities to pay for damages instead of homeowners - WABC
One year after 7 On Your Side covered the story, legislation seeks to hold utilities responsible for leaks that homeowners were once forced to pay for.
7/12/2019 Counting Down to a Green New York - New York Times
New York's ambitious plan to fight climate change by virtually eliminating greenhouse gas emissions by 2050 is underway — and the battle begins at home.
7/11/2019 City guides Sunnyside Yard review in increasingly progressive Queens - Crain's New York Business
A few miles east of where a progressive wave in Queens has swamped a proposed housing and retail development, city officials are gathering final community feedback on a development plan for a lot six times larger than Hudson Yards.
7/11/2019 Belgian model quietly sells downtown condo for $2.23M - NY Post
Belgian model Ingrid Seynhaeve quietly sold her condo at 7 Essex St. for $2.23 million, according to property records.
7/10/2019 Rent reform laws stir woes in NYC's real estate industry - NY Post
As the industry awaits the litigation of the upcoming constitutional challenges to the newly enacted apartment rent laws, executives are counseling clients and calculating their next moves.
7/9/2019 Foreclosures drop, but pre-foreclosures spike in second quarter - Crain's New York Business
New York City saw the number of foreclosed homes drop during the second quarter, but lis pendens—also known as pre-foreclosure—filings shot up, according to a new report by PropertyShark.
7/9/2019 More New Yorkers Embrace Solar Power - New York Times
In an effort to reduce their carbon footprints, homeowners across New York City are increasingly turning to solar energy, with Brooklyn brownstone owners hurrying to catch up with their counterparts in Queens and Staten Island.
7/9/2019 Opinion: Unintended result of new rent law may be less home ownership - Crain's New York Business
When the state Legislature passed the Tenant Protection and Stability Act of 2019, its overhaul of rent regulations got almost all the attention.
7/9/2019 Living in FiDi, surrounded by history - The Villager
You would think the Financial District is all about money, but historically, it's all about the Revolutionary War — Federal Hall, Trinity Church, Fraunces Tavern.
7/8/2019 NYCHA left dozens of lead-poisoned kids in their contaminated apartments: report - Curbed
Children remained in nearly three dozen public housing apartments potentially years after city inspectors discovered definitive evidence of lead paint in their homes, according to a New York Post review of internal Health Department inspection reports.
7/8/2019 A Five-Bedroom Apartment in a New Condo Conversion on Manhattan's Upper West Side - Mansion Global
This five-bedroom apartment is one of 13 luxury residences in a new condo conversion by Tamarkin Co. of a Beaux Arts former school on Manhattan's Upper West Side.
7/8/2019 New York Condo Conversions Near the End, a Casualty of Rent Reform - Wall Street Journal (subscription required)
A longtime New York City practice that promoted homeownership, transformed neighborhoods and enriched thousands of middle-class renters is effectively over.
7/3/2019 Hudson Yards dwellers should brace for major construction into the future - Curbed
Hudson Yards bills itself as the New York neighborhood of tomorrow, and while that's meant to evoke visions of a high tech city unto itself, the truth of it is—among many other truths of the area—that it is a city of tomorrow, just not in the ways it might like to be.
Lisa on How to Upgrade Your Kitchen Without Breaking the Bank:
Great article! Where would one find an Ikea consultant--like the one Allison Spitz used--to help design/customize an Ikea cabinet renovatio…
Susan Egelko on Bike Storage:
I live in a co-op building with roughly 85 units. Some time ago our management worked out a deal that Bargold Storage Systems built storage…
Carin Barbanel on Lobby and Hallway Improvements:
We hired Mark Chamberlain who leads a team of artisans. Their work and work ethic were stellar. They cleared out wiring from the 60s to the…
Brian Granda on Lobby and Hallway Improvements:
responding to Debbie Rivera's comment above for Hallway Renovations? YES !! We have done more hallway and lobby renovations in NYC than any…
Paul DiMaggio on Design Trends:
The Board is everyone's customer. A scope of work, or "wish list" is a good idea to create before a board looks outward. Keeping in mind th…
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