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HOW LEGAL/FINANCIAL PROBLEMS ARE SOLVED BY NYC CO-OPS AND CONDOS

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.

A Public Adjuster Can Untangle Multiple Insurance Claims

Written by Ann Farmer on November 11, 2019

New York City

Complex insurance claims might require outside expertise.

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Poor management – and slack board oversight – bring double disaster.

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City Council bill hopes to combat storefront vacancies.

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Co-ops Seeking Protection From the Tenant Protection Act

Written by Geoffrey Mazel on November 07, 2019

New York State

Activists push back against law’s unintended fallout.

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Maintenance hikes are painful and unpopular – and often unavoidable.

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"Meritless" lawsuit is tossed after bicyclist died.

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With promised reforms stalled, city council seeks regular re-evaluations.

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Co-op and Condo Boards Must Pay Overtime to Live-In Supers

Written by Emanuela Lupu-Ferrante and Jack Malley on October 15, 2019

New York City

U.S. Department of Labor seeks to clarify confusion on staff pay.

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New report blasts lax practices by the Department of Finance.

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Sponsors Must Now Pay Co-op Sublet Fees

Written by Bill Morris on October 03, 2019

Upper West Side, Manhattan

Court ruling suggests holders of unsold shares must now pay sublet fees.

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Ask the Experts

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Learn 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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