Argo Real Estate

06/25/2026

Higher reserve requirements are reshaping how condos plan for capital projects.

https://www.habitatmag.com/Publication-Content/Board-Operations/2026/June-2026/condo-reserve-requirements-increase

New rules from Fannie Mae and Freddie Mac will require condo boards to set aside more reserves, impacting condo buyers seeking loans.

06/24/2026

Manhattan’s luxury market just flipped the script. For the first time since 2022, co‑ops outpaced condos in $4M+ contracts.

https://therealdeal.com/new-york/2026/06/22/manhattan-luxury-co-ops-outpace-condos-for-first-time-in-four-years/

The borough saw 12 contracts signed for luxury co-ops asking last week, but the top deal was for a townhouse asking $19 million.

06/23/2026

If you’ve ever dealt with an access agreement, you know how complicated they can get. The new RPAPL §881 changes finally bring structure to the process.

https://cooperatornews.com/article/access-agreements-2

Your immediate neighbor may need to access your building for an array of reasons, including inspections, repair work, and HVAC installations, to name a few.

06/18/2026

Unlike condos, co‑ops don’t automatically pass to heirs. If you want to pass down a co‑op, planning is essential.

https://cooperatornews.com/article/passing-down-a-nyc-co-op

It’s important for co-op shareholders to understand and anticipate the common pitfalls of transferring their co-op to an heir or beneficiary when the time comes.

06/17/2026

The return of the J‑51 abatement is more than a policy update.

https://www.brickunderground.com/improve/hochul-budget-j-51-tax-abatement-10-year-extension

One final legislative hurdle remains.

06/16/2026

The pied‑à‑terre tax is officially here, but the luxury market isn’t slowing down.

https://www.habitatmag.com/Publication-Content/Legal-Financial/2026/June-2026/new-york-pied-a-terre-tax

New York's proposed pied-a-terre tax on second homes did not lower property values or drive away wealthy buyers, despite industry concerns.

06/11/2026

Yesterday, we came together to celebrate 11 new accounts joining our portfolio. Our employees enjoyed great food, great company, and encouraging words from our SVP Jessica Tusing and our COO Michael Marks. Proud of this team and excited for what’s ahead!

06/11/2026

In NYC real estate, credit conditions set the pace.

https://www.forbes.com/sites/johnwalkup/2026/06/04/forget-the-fed-in-nyc-real-estate-watch-credit-conditions-instead/

While the Fed sets the tone, it’s the bond market that sets the price, and the credit market that sets the pace. And in NYC, pace is everything.

06/10/2026

Board service can feel overwhelming at first, but understanding your building’s rules, asking the right questions, and leaning on experienced advisors can help you find your footing.

https://cooperatornews.com/article/welcome-to-the-boardnow-what

Here are a few pro tips on what to expect in your new role on the board, and how to address some of the issues you’re likely to encounter.

06/04/2026

Co-ops and condos brace for the ripple effects of New York’s latest budget deal.

https://therealdeal.com/new-york/2026/05/29/how-new-yorks-budget-impacts-real-estate/

A look at the state budget policies with the biggest impact on housing, developers and property owners