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.
This co-op borrowed the right amount and got a line of credit for a rainy day.
Judge Strikes Down Albany's "Good Cause Eviction" Law
July 08, 2022
Ruling could have big implications for New York City co-ops and condos.
Department of Finance declines to reveal computer model used to adjust valuations.
Billionaires' Row Co-op Board Sued Over Land Lease Deal
Written by Bill Morris on July 01, 2022
Shareholders rebel against paying high price for land or six-fold rent increase.
Courts Uphold Condo's Demand for $1 Million Bond in Licensing Agreement
Written by Bill Morris on June 23, 2022
Condominium’s “unique” demand is upheld, others are turned down.
With 421-a tax abatement fresh in the grave, Lander calls for wholesale reform.
State Legislature Lets J-51 Tax Abatement Die — For Now
Written by Bill Morris on June 06, 2022
Co-op and condo advocates still hopeful the tax break will be revived and expanded.
Co-ops Face June 17 Deadline to Post Accommodation Rights for Disabled Residents
Written by Marc Schneider on June 02, 2022
New rule lays out specifics of how notices must be posted and distributed.
Revived Real Estate Industry Likely to Kill Good Cause Eviction Bill
Written by Bill Morris on May 31, 2022
Progressive bill was opposed by industry and many co-op and condo advocates.
Co-ops and condos must pay prevailing wages in order to get property tax abatement
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Habitat Week by Week
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
Ask the Experts
learn moreLearn 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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