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.
A Mortgage Refi Should Fit Like a Tailor-Made Suit
Written by Lisa Prevost on April 08, 2019
One size does not fit all co-ops when it's time to refinance the mortgage.
The Financial District Has a 670-Foot-Tall Leaning Tower
April 05, 2019
Lawsuit by contractor says developer of condo tower tried to cut corners.
Watch Your Step Crossing the Fannie and Freddie Lending Minefield
Written by Leni Morrison Cummins on April 04, 2019
Condo boards must follow strict guidelines to keep financing flowing.
The Tax-the-Rich Horse Race Goes Down to the Wire
March 29, 2019
A dark-horse transfer tax is gaining on the front-running pied-a-terre tax.
Co-op Boards Must Address Racial Discrimination by Residents
Written by Bill Morris on March 28, 2019
Federal court ruling leaves laissez-faire boards open to crippling punitive damages.
Pied-a-Terre Tax Would Hit the Very Rich the Hardest
March 26, 2019
New analysis says tax would slash value of $25 million apartments.
Do Co-op and Condo Boards Have to Reveal Their Plans?
Written by Dale J. Degenshein on March 22, 2019
Courts rule board can approve roof deck, then order its removal.
With Weed Tax a Bust, Pied-a-Terre Tax Is Smoking
March 21, 2019
Governor Cuomo isn’t counting on legal marijuana revenue this year.
Brooklyn Botanic Garden Fights Sunlight-Blocking Towers
March 20, 2019
Petition drive seeks to kill zoning change favored by developers.
Discrimination Against Black Hairstyles Is Now Illegal
Written by Andrew I. Bart on March 19, 2019
Co-op and condo boards face stiff fines and unlimited damages.
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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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