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.
Why Co-ops Almost Never Become Condos
Written by Stuart Saft on August 09, 2018
The tax on “phantom gain” punishes owners when apartment values rise.
Is the Co-op/Condo Abatement Under Attack?
Written by Kathryn Farrell on August 08, 2018
With property taxes on the rise, the co-op/condo tax abatement is more important than ever.
The Importance of Being Treasurer
Written by Carl Cesarano on August 07, 2018
The treasurer is the key player on every co-op and condo board.
A Certificate of Liability Insurance is NOT Insurance
Written by Jason Schiciano on August 03, 2018
A common mistake opens boards to liability under the Scaffold Law.
The Other Two Landmark Cases Every Board Needs to Know
Written by Stuart Saft on August 02, 2018
Wise co-op and condo boards know where the legal lines are drawn.
Scaffold Law Bumped This Project’s Insurance Tab by 557 Percent
August 02, 2018
East Side Access megaproject sees insurance costs balloon.
Fight Fraud With Board Oversight and Strict Internal Controls
Written by Allen Friedman on July 31, 2018
Boards can’t afford to let the annual audit do all the work.
Dozens of Affordable H.D.F.C. Co-ops Facing Extinction
July 31, 2018
Unpaid bills, poor management push co-ops toward foreclosure.
Trump Tower Condo Board Sues Over Fatal Fire Damage
July 27, 2018
Scorched apartment – and a dozen others – still awaiting repairs.
Court slashes fees in parking garage dispute by 62 percent.
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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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