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.
When Construction Is Faulty, There’s Power in Numbers
November 02, 2018
New condo unit-owners need to band together to address defects.
"Bridge" Loan Helps Co-op Cross Perilous Chasm
Written by Frank Lovece on October 29, 2018
Retaining wall collapse onto railroad tracks nearly derails co-op.
High Stakes and High Emotions over Commercial Rent Control
October 26, 2018
City council hearing over commercial rent-control bill sparks heated debate.
No Second Chance for Seward Park Co-op on Air Rights
October 24, 2018
Developer's $54 million proved to be a one-time offer.
Here’s Your Chance to Speak Out on Property Tax Reform
October 23, 2018
Commission holds its seventh public hearing today in Tribeca.
Unhappy Shareholders Cannot Sue Boards Willy-Nilly
Written by Dale J. Degenshein on October 19, 2018
The Business Judgment Rule is thick armor for boards.
A Line of Credit Is for a Rainy Day
Written by Bill Morris on October 16, 2018
Boards that dip into this emergency fund need to have a plan for repaying it.
There Will Be Winners and Losers If Tax Reform Comes
October 16, 2018
One proposal would benefit Staten Island and punish Park Slope.
Giving Out Residents’ Email Addresses Is a Slippery Slope
Written by Robert Braverman on October 11, 2018
Boards must decide if “contact information” includes email addresses.
City’s Real Estate Biggies Are Betting Big on Cuomo
October 11, 2018
In this year’s one-horse race, they’re pushing the odds-on favorite.
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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.
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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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