Matthew Adam Properties Inc.

06/04/2021

Even as businesses, schools, and even entire economies shut down at the start of the coronavirus pandemic last year, the task of running residential buildings and communities never ceased. In fact, it could even be argued that as people were more or less confined to their homes for weeks and months, the decisions made by co-op, condo, and HOA boards and managers had even more impact on their communities than in the Before Times.

BY DARCEY GERSTEIN | 14 MAY 2021 Even as businesses, schools, and even entire economies shut down at the start of the coronavirus pandemic last year, the task of running residential buildings and communities never ceased. In fact, it could even be argued that as people were more or less confined to....

05/28/2021

Organizing and coordinating these repair projects requires a lot of time, energy and funding. In order to run smoothly, exterior work also requires a lot of planning in advance.

BY C. JAYE BERGER, ESQ. Leaks are a common problem in multifamily buildings, including co-ops and condominiums. It’s not unusual to see watermarks and dampness on plaster near or below interior widows, but since such infiltration usually stems from an issue on the exterior of the building – incl...

05/21/2021

A backyard restaurant can depress nearby apartment values by 20% or more.

From HabitatMag.com A backyard restaurant can depress nearby apartment values by 20% or more. As New York City continues to open up, restaurants are using every inch of available outdoor space to attract customers. The rear apartments in one co-op face a backyard that a restaurant wants to turn into...

03/26/2021

The sweeps are part of the ongoing tightening of DOB rules and fines following a recent string of fatal accidents. Last summer, the collapse of a suspended scaffold rig at an 11-story Murray Hill building left one worker dead and three hospitalized.

MARCH 04, 2021 | By BILL MORRIS The sweeps are part of the ongoing tightening of DOB rules and fines following a recent string of fatal accidents. Last summer, the collapse of a suspended scaffold rig at an 11-story Murray Hill building left one worker dead and three hospitalized. A sidewalk shed pr...

03/19/2021

On March 9, New York Governor Andrew Cuomo announced that beginning March 17, essential building service workers, along with nonprofit employees and government employees who have public-facing duties, are now eligible to receive the COVID-19 vaccine.

Service Employees Can Get Jabs Starting March 17 BY DARCEY GERSTEIN | 11 MARCH 2021 | COVID-19 On March 9, New York Governor Andrew Cuomo announced that beginning March 17, essential building service workers, along with nonprofit employees and government employees who have public-facing duties, are....

02/08/2021

You may have heard that co-ops can now obtain loans under the federal government’s Paycheck Protection Program (PPP) as a result of their being included in the new Stimulus Bill. The rules governing the inclusion have finally been released by the US Small Business Administration

BY MARC H. SCHNEIDER 1 FEBRUARY 2021 You may have heard that co-ops can now obtain loans under the federal government’s Paycheck Protection Program (PPP) as a result of their being included in the new Stimulus Bill. The rules governing the inclusion have finally been released by the US Small Busin...

02/01/2021

The New York City Council has extended by six months the filing date for Phase 1 of compliance with the new gas lines inspection law. Reasons cited for the delay include Covid-19, uncertainty about requirements and lack of outreach by the Department of Buildings.

12/04/2020

The year 2020 has been a gauntlet, so it’s only fitting that for co-op and condo boards, the approaching holiday season presents itself not as a time of peace and celebration but instead as yet another series of trials to overcome.

By William D. McCracken The year 2020 has been a gauntlet, so it’s only fitting that for co-op and condo boards, the approaching holiday season presents itself not as a time of peace and celebration but instead as yet another series of trials to overcome. With the coronavirus spreading uncontrolle...

11/13/2020

Hell’s Kitchen resident Christine Berthet has been talking trash for years. Now she’s seeking at least four other garbage gurus – one in each of the remaining boroughs – to turn the talk into tangible action.

By Sue Treiman Hell’s Kitchen resident Christine Berthet has been talking trash for years. Now she’s seeking at least four other garbage gurus – one in each of the remaining boroughs – to turn the talk into tangible action. If the sidewalks in front of your co-op or condo are starting to loo...

11/06/2020

Congratulations, you are a new member of the board of directors. Now what?

How to Build an Effective Board of Directors Part I: Know Your Role Congratulations, you are a new member of the board of directors. Now what? Often directors are thrown into the proverbial hot [board] seat without an understanding of their roles and responsibilities. Misunderstanding the board’s ...