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.
Co-op Board Feeds Reserve Fund With an Annual “Capital Contribution”
Written by Carol J. Ott on January 12, 2023
Method doesn’t rely on the vagaries of the city’s cyclical real-estate market.
Here’s the Wrong Way to Handle a Noise Complaint in a Co-op
Written by Andrew P. Brucker on January 05, 2023
Litigation mushrooms when third parties get dragged into the fight.
New Law to Require Registration of All Short-Term Housing Rentals
Written by Bill Morris on November 17, 2022
Co-op and condo advocates applaud crackdown on illegal hotels.
City to Regulate Use of Artificial Intelligence in Hiring
Written by Andrew I. Bart on November 15, 2022
Co-op and condo boards need to be aware of changes under Local Law 144.
Co-op Boards Can Claim Fraud When a Buyer Lies
Written by Andrew P. Brucker on November 10, 2022
Brooklyn lawsuit shows co-ops have a powerful tool.
Problem Solved: Cleaning Up a Co-op’s Financial Mess
November 08, 2022
Co-op board, accountant and managing agent let finances slide for years.
Insurance Premium Financing Gaining Traction For Co-ops and Condos
Written by Paula Chin on November 03, 2022
Tool avoids lump-sum payment, levels out spending into “a smooth line.”
A leak from a vacant apartment highlights a fundamental shareholder right in a housing cooperative.
Here’s How Condo Boards Can Collect Arrears
Written by Andrew P. Brucker on September 29, 2022
Lacking the power to evict, condo boards must use different tools.
Condo Board Sues Neighbor Over Unpaid Access Agreement Fees
September 26, 2022
Dispute over drawn-out construction, unpaid fees winds up in court.
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