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.
Cries of “Soak the Rich” Are Heard in Luxury New York Condos
February 13, 2019
Pied-a-terre tax gains new momentum in Democrat-controlled Legislature.
Tax Season Is Upon Us. Let the Confusion Begin!
February 12, 2019
Tax software demands more current mortgage info than the IRS.
A Brooklyn Luxury Condo With Monster Arrears
February 08, 2019
Liens filed against Chinese developer over $250,000 in unpaid common charges.
Co-op Boards Are Not Quality-Control Watchdogs
Written by Victor M. Metsch on February 07, 2019
Board not responsible for shoddy work in “luxury” apartment renovation.
Leveling the Playing Field on Property Taxes Won’t Be Painless
Written by Bill Morris on February 07, 2019
As commission prepares reform proposals, owners gird for a fight.
The World of Co-op and Condo Law Keeps Changing
February 06, 2019
St. Louis-based firm opens New York City office with team of veterans.
Trusts Gaining Acceptance With Co-op Boards
Written by Ann Farmer on February 05, 2019
A once-shunned legal entity is now used to buy and transfer apartments.
Sham Co-op on Upper West Side Now Rent-Stabilized Apartments
February 05, 2019
State busts landlord who held all shares and charged market-rate rents.
Real Estate Assessments Up, Property Taxes Sure to Follow
January 31, 2019
New York City real estate is worth $72 billion more than it was a year ago.
Congress May Act to Pierce Veil of All Real Estate LLCs
January 30, 2019
Bill would seek to end money laundering by foreign criminals and terrorists.
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