HABITAT
NYC co-ops and condos face legal and financial challenges that have to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant or lawyer, co-op and condo board directors have to make decisions. The collection of articles here will help your co-op or condo board navigate these waters.
The Department of Buildings has failed to collect $627 million over the past six years.
Courts affirm a co-op board's immense power under the Business Judgment Rule.
Insuring Wooden-Frame Co-ops and Condos Is More Expensive Than Ever
Written by Bill Morris on March 23, 2023
Hard insurance market brings a hard reality to buildings seen as high risks.
All Co-op Proprietary Leases Have an Expiration Date. When Is Yours?
Written by Bill Morris on March 16, 2023
Co-op boards risk “suicide” if they allow their lease to expire.
Boards must decide if it’s smart to save on interest by paying down the loan.
Angry residents say the board's actions are pricing them out of their homes.
Co-op and Condo Law Firm Mergers March On
February 06, 2023
Braverman Greenspun is latest to acquire a smaller firm.
Upper East Side Co-op and Church in a War of Inches
February 03, 2023
A nasty fight has erupted over how close a church can build next to a co-op.
Defamation Against Co-op and Condo Boards Is Hard to Prove
Written by Andrew P. Brucker on February 02, 2023
The “common interest privilege” is a popular defense in defamation lawsuits.
Co-op Board Sues, Claiming Absent Shareholder Is a Hoarder
January 20, 2023
Upper East Side apartment has become "a quasi-storage facility," lawsuit says.
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Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
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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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