Posts Tagged ‘co-op’
New Bills are Adopted by City Council Increasing Lead Paint Regulations
In order to remove legal loopholes surrounding lead paint enforcement and get the city closer to its objective of ending childhood lead poisoning, the New York City Council has enacted two pieces of legislation. However, supporters are hoping that lawmakers will adopt further reforms in the upcoming week. Peeling or chipped lead-based paint will be…
Read MoreWhich HOA Rules Can Be Implemented and Which Can Not?
HOA concerns are rather common. They are too expensive. It is not allowed for residents to pick their own paint colors. They impose limitations on the breeds of dogs you are allowed to own, the types of basketball goals you are allowed to mount on your home, and even the types of grass you are allowed to grow in your yard.
Read MoreNow Available: No-Penalty Building Inspections for Smaller Co-ops and Condos
Smaller co-ops and condos that are exempt from the Facade Inspection and Safety Program’s (formerly known as Local Law 11) five-year compliance cycles must nonetheless be kept in a safe state. The city’s Department of Buildings (DOB) is once again providing its free No-Penalty Inspection Program to assist the co-op and condo boards in those buildings.
Read MoreCurbside Organic Recycling is Now Mandatory
The list of materials that New Yorkers must recycle, which already includes glass, plastic, paper, and cardboard, is now expanding to include food scraps and yard debris.
Read MoreFor The First Time, Gas Stoves Are Prohibited With New Construction in New York.
The installation of natural gas stoves and appliances in new apartment complexes is prohibited for the first time in New York. The measure is part of the recently adopted $229 billion state budget by Governor Kathy Hochul and lawmakers.
Read MoreHow Frequently Should The Board Conduct a Reserve Study For Your Building?
You can learn more about the modifications required to keep your apartment complex running by ordering a reserve study. A reserve study should happen every three to five years.
Read MoreWhat is a Co-Op or Condo Assessment?
Co-op and condo buildings frequently have capital expenses, such as elevator, roof, or façade maintenance.
Boards frequently employ assessments to fund these renovations. These are brief hikes in your maintenance or common fees that are imposed to pay for a particular development or top off a cooperative’s reserve fund.
Read MoreWhy Hiring a Property Management Company in Queens is Worth the Investment
As a landlord in Queens, you likely have a lot on your plate. Between managing tenant relationships, collecting rent, and handling maintenance requests, it can be difficult to keep up with everything that needs to be done. If you’re feeling overwhelmed by the demands of property management, it may be time to consider hiring professional…
Read MoreNew Trash Regulations Will Be Implemented in New York City
As the city attempts to handle its escalating rat problem, residents of New York will have to put out their trash much later in the day beginning of April 1. As the city works to combat its expanding rat problem, New Yorkers will soon have to leave out their trash much later in the day.…
Read MoreReasons You MIGHT Not Need a Property Manager
Wondering whether getting a professional property management company to help you is the right answer? Read the list of reasons below to see if you are someone who can handle managing a property alone. 1. You’d rather deal with property management issues than spend time with family 2. You find property management more enjoyable than…
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