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.
Property Tax Commission Issues Final Reform Proposals
January 03, 2022
Mayor Eric Adams inherits a hot potato from Bill de Blasio.
A Trio of Year-End Wins for Co-op and Condo Boards
Written by Bill Morris on December 16, 2021
Advocates score on reverse mortgages, background checks and J-51 tax breaks.
Problem Solved: Getting White-Glove Treatment From Your Bank
December 14, 2021
Co-op and condo boards need to find the right financial advisors.
Co-op and Condo Advocates Push for J-51 Tax Break Renewal
Written by Bill Morris on December 13, 2021
City Council has one last chance to renew funding for capital repairs.
Co-op Seniors Can Now Get Reverse Mortgages
Written by Bill Morris on December 02, 2021
Long fight ends in victory as governor signs bill into law.
City Council Set to Consider Extending J-51 Tax Breaks
Written by Bill Morris on November 26, 2021
Middle-class co-ops and condos anxiously await fate of prized tax abatements.
J-51 Tax Abatement for Co-ops and Condos Is Stuck in Limbo
Written by Bill Morris on November 18, 2021
City Council must act to revive means of paying for capital improvements.
Compromise Required When Disabilities Clash With City Codes
November 15, 2021
Co-op and condo boards must grant reasonable accommodations – without violating the fire code.
Democrats Reach Deal to Raise Cap on SALT Deduction to $80,000
November 08, 2021
Build Back Better bill still faces stern test in the U.S. Senate.
New Law Would Block Co-ops From Recouping Legal Fees
Written by Bill Morris on October 28, 2021
In echo of earlier snafu, co-op boards could be treated like rental landlords.