New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

BOARD OPERATIONS


HOW CO-OP/CONDO BOARDS OPERATE

How do NYC co-ops and condos operate? Governed by an elected board of directors, these housing corporations are like mini-cities with their own bylaws and governing documents. Here you'll find articles on a wide range of topics that co-op and condo board directors need to understand to govern their housing corporation wisely. 

The Property Management Contract

Written by Avram Turkel, Partner, Ballon Stoll on October 05, 2023

New York City

Retaining a new management company is not unlike getting married, but instead of romance, there's a management contract.

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Magazine's founder discusses Climate Mobilization Act and other co-op and condo issues.

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Time to Give Your Governing Documents a Tune-up?

Written by Robert Braverman on September 28, 2023

New York City

Here’s a check list to keep co-op and condo documents up to date.

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Rising costs are putting the squeeze on co-op and condo residents across the city.

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Changing Succession Rights Is a Tricky Puzzle for Co-op Boards

Written by Ingrid Manevitz, Jeremy Cohen and Dennis Greenstein on September 21, 2023

New York City

Opening the door lessens control over shareholders' financial health and personal character.

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The relationship is like a marriage. Choose wisely.

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Happy Labor Day!!!

September 04, 2023

New York City

The Habitat Group wishes a happy end of summer to the co-op and condo community.

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Boards have a fiduciary duty to take care of the building.  

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The proprietary lease and city law will determine who's on the hook for repairs.

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A ban requires an amendment to the proprietary lease or bylaws.

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Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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