NYC co-ops and condos, like all residential apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit, but to create an environment that owners want to live and invest in. How co-op and condo buildings do that in New York City is what you'll find here.
January 19, 2024
Number of fires and deaths from faulty lithium-ion batteries rose again last year.
November 27, 2023
There are places to turn for help when an elderly resident suffers from impairment.
November 21, 2023
Co-op shareholders and condo unit-owners have options when their building is too chill.
Written by Steven Sladkus, Partner, Schwartz Sladkus Reich Greenberg Atlas on November 02, 2023
Defect claims occur in about 90% of new construction condos in New York City, and approximately 30% to 40% of these end up in litigation.
Written by Bill Morris on October 31, 2023
New rule adds teeth to Local Law 126 in the wake of a fatal garage collapse.
October 30, 2023
Co-op boards can evict a shareholder who continues to flout the law.
October 27, 2023
Local Law 18 is having the desired effect — shutting down illegal sublets.
October 24, 2023
Cherished tax breaks are brought back to help defray the cost of building repairs.
October 17, 2023
New rule is the latest mandate in the war against the city's rats.
September 29, 2023
When shareholders are unhappy with management, the co-op board needs to act.