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

The Council of New York Cooperatives & Condominiums (CNYC) is hosting its 35th annual Housing Conference at Baruch College in Manhattan on Sunday, November 15, 2015. Many FirstService Residential board members have found this to be a worthwhile educational event.

President Dan Wurtzel is quoted in this Real Estate Weekly article discussing the new energy retrofit program greenlighted by Mayor De Blasio. 

Taking Advantage, Saving Money

FirstService Residential lends its expertise to a Multi-Housing News article on the must-have lifestyle amenities in today's top luxury condominiums -- from rooftop lounges to pet play groups.

In a condominium or cooperative, it is important to have a complete understanding of your governing documents (such as a condominium’s by laws or a cooperative corporation’s proprietary lease/occupancy agreement) which dictate what requirements need to be fulfilled to amend the governing documents (and subsequently, the building’s house rules and regulations.) They also set forth specific procedures to be followed such as the exact percentage (if any) of owners’/shareholders’ votes that are required to implement changes.

As a result of the recent outbreak of Legionnaires' Disease, the NYC Department of Health has issued an Order requiring those who manage buildings with water-recirculating cooling towers in New York City to take preventive actions.

NYC Local Law 87 is a complex and potentially costly law that requires property owners to audit energy use and retro-commission their buildings every 10 years and submit an Energy Efficiency Report to the NYC Department of Buildings (DOB) documenting the results. Part of the movement toward a more sustainable city, the law impacts buildings over 50,000 square feet. Find answers to the most common questions about the law that will help ensure your building’s compliance in this article.

Bob Scaglion, Executive Managing Director of New Business Development, talks about meeting the demands of a more entrepreneurial, tech-savvy generation of renters in this Multi-Housing News article.

President Dan Wurtzel joined New York City Department of Sanitation Commissioner Kathryn Garcia on July 15th to announce that one million New Yorkers now have access to e-cycleNYC, the city’s electronics recycling program. Manhattan Borough President Gail Brewer and Councilmember Rosie Mendez also delivered remarks.