Marc Schneider quoted in the Habitat – “Bricks & Bucks – Building Projects in NYC Co-ops/Condos
Prior to the pandemic shutdown last March, Donald Einsidler, president of Einsidler Management, was busy helping five different co-ops navigate the refinancing of their underlying mortgages at interest rates just above the tantalizing number of 3%. Then came the state’s stay-at-home order. “Rates spiked up to points where it wouldn’t have made sense to go through with...
Continue reading…How to settle property disputes without sawing your neighbor’s garage in half
If you own where you live — whether it’s a suburban tract house, a farmhouse on 40 acres in Maine or a studio apartment in a New York City co-op — your home is your castle.
While there’s no moat around your home like in the Middle Ages, encroachment can happen...
Continue reading…Co-ops and Condos Exempt From Preparing a Business Safety Plan
The confusing signals keep coming. The latest confusion surrounds the Business Safety Plan, a document businesses must prepare as the state moves through its phased reopening, outlining steps the business will take to prevent the spread of COVID-19. Some attorneys are advising co-op and condo boards that they're obligated to formulate plans. Others aren’t so...
Continue reading…“Marc H. Schneider” quoted in the Sunday New York Times Real Estate Section regarding hoarding in Co-ops
Logistics is a big part of Brendan Keany’s job. As the general manager of Penn South, a sprawling co-op complex with 2,820 apartments in Chelsea, Mr. Keany is used to coordinating the schedules of his crew, contractors and residents when any repair work is required.