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.
New Report Says Property Taxes Are "Crushing" New York Homeowners
February 01, 2022
Archaic assessment formulas and annual caps have led to massive disparities in tax burdens.
Prevailing-Wage Affidavits Due for Co-op and Condo Tax Abatements
Written by Bill Morris on January 13, 2022
Boards must weigh payroll cost increase against tax benefits for residents.
Co-ops Will Be Untouched by the “Good Cause Eviction” Bill
Written by Bill Morris on January 10, 2022
Public hearing yields a promise from sponsors that co-ops will be exempt.
New Law Raises Bar for Opting Out of Mitchell-Lama Program
Written by Bill Morris on January 07, 2022
Gov. Kathy Hochul signs bill designed to preserve affordable housing.
Property Tax Commission Issues Final Reform Proposals
January 03, 2022
Mayor Eric Adams inherits a hot potato from Bill de Blasio.
A Trio of Year-End Wins for Co-op and Condo Boards
Written by Bill Morris on December 16, 2021
Advocates score on reverse mortgages, background checks and J-51 tax breaks.
Problem Solved: Getting White-Glove Treatment From Your Bank
December 14, 2021
Co-op and condo boards need to find the right financial advisors.
Co-op and Condo Advocates Push for J-51 Tax Break Renewal
Written by Bill Morris on December 13, 2021
City Council has one last chance to renew funding for capital repairs.
Co-op Seniors Can Now Get Reverse Mortgages
Written by Bill Morris on December 02, 2021
Long fight ends in victory as governor signs bill into law.
City Council Set to Consider Extending J-51 Tax Breaks
Written by Bill Morris on November 26, 2021
Middle-class co-ops and condos anxiously await fate of prized tax abatements.
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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.
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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