Co-ops get creative as fees climb
Co-op and condo buyers beware: maintenance fees are going up. With the contract for building service staff workers up for renegotiation and real estate taxes that are continuing to climb 5 to 12 percent...
common charges
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The August issue is live!
Euphoria. That’s probably the most apt description of the mood in New York real estate at the moment, with a frenzied demand for luxury condos on the residential side and a number of billion-dollar...
Monthly charges impact buyers and brokers in city’s top buildings
Buyers of apartments in the Carlyle co-op Hotel On East 76th Street pay $10.23 per square-foot per month in...
More condo boards resort to extreme tactics to collect common charges
Owners of condominium units who fail to pay their common charges are more frequently coming home to unresponsive doormen,...
Condo and co-op fees could rise soon
Condominium buyers need to think carefully about the common charges associated with their purchases, not just in terms of getting in over their heads, but in terms of what the fee structure means for...
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