Many of the residential buildings in Manhattan and throughout New York City are historic but also in need of upgrades and updates. It’s important to spare no expense when we’re talking about habitability and safety issues, but how does an association board decide...
Avoiding Condo Board Fines in NYC: What Every Association Needs to Know HPM helps condo boards navigate complex New York City regulations to avoid costly penalties. From the importance of a third-party manager to staying compliant with Local Law 11 and understanding...
No one likes paying more than they have to for things like maintenance, repairs, and other common charges. If you’re on the board of a condo association, HOA, or co-op, and your owners want to know why their costs keep going up, you need to be transparent. You’re a...
Harlem co-ops don’t necessarily exist to make a profit. Rather, they serve a need for housing in the community. This does not mean they’re nonprofit organizations. Contrary to popular belief, a co-op can earn a profit, and any of those earnings will benefit the...
When it’s time to buy a property in Harlem, looking to a condominium or a co-op makes the most sense for a lot of people. Both options offer the benefit of routine maintenance and upkeep for the building, which does not have to be entirely your responsibility. Both...
