NYC pied-à-terre tax: What condo and co-op owners need to know

Photos from our Annual Celebration for Associates appear in a two-page spread in the latest edition of Mann Management Report. 

In a decision that’s sure to fuel the smoking debate in every co-op in the city, a state Supreme Court judge has awarded more than $120,000 in back maintenance, interest and attorney fees to a co-op shareholder who claimed that smoke from other apartments had permeated her unit and rendered it uninhabitable.

Three of FirstService Residential's managed properties – Silver Towers, Park City Estates, and Dara Gardens – made the list of top 10 best-selling condos in Queens.

President Dan Wurtzel offers advice to boards seeking a new management company in this Cooperator article titled “What Size Management Company?”

The winter holiday season is here! And along with the feasting and merriment come potential fire hazards as we spend time preparing in kitchens and stringing up festive décor. Now’s a great time of year to take stock and eliminate potential fire hazards in your home – after all, being aware of possible risks and taking steps to correct them can go a long way toward keeping your family safe.

A new law that impacts the hiring practices of building services employees in New York City co-ops and condos took effect October 27, 2015. Under the Fair Chance Act, employers with at least four employees cannot inquire about a job applicant's criminal history until after a conditional job offer has been made. Find out how this law will impact co-op and condo hiring practices.

FirstService Financial (FFI), the FirstService Residential affiliate that helps our clients
fulfill their financing requirements at the most competitive interest rates and terms available, has facilitated or assisted in loan placements in excess of $1.2 billion for cooperatives and condominium associations. This recent transaction illustrates why many of our clients choose to participate in FFI’s programs, which provide added value based on the global purchasing power of our parent company, FirstService Corporation.

Directors & Officers (D&O) liability insurance is intended to protect directors and officers against allegations of wrongful conduct when acting in their capacity as a board member. Learn more about best practices for avoiding D&O claims.

Learn how FirstService Residential is making a difference, every day, for its clients in the November/December 2015 edition of Mann Management Report.