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.
New Bill Would Allow Virtual Annual Meetings for Condominiums
Written by Bill Morris on August 12, 2021
State Sen. Liz Krueger is pushing to equalize treatment of co-ops and condos.
Video Doorbells Pitting Security Against the Right to Privacy
Written by Bill Morris on August 05, 2021
Co-op and condo boards need to take a stand on new breed of watchdog.
Current system of assessing value favors high-end co-ops and condos.
After Devastating Fire, Condo Board Is Sued Over Insurance Coverage
Written by Bill Morris on July 29, 2021
Lawsuit claims building insurance was not sufficient to cover total loss.
Neighbors Push Back Against Upper West Side Condo Towers
July 23, 2021
Landmark West has, so far, managed to block construction on one tower.
Lawsuit Seeks to Oust Atelier Condo Board Over “Illegal Hotel”
Written by Bill Morris on December 31, 1969
Angry unit-owners seeking new board and $50 million in punitive damages.
Co-op and Condo Property Tax Rate Dips Slightly
Written by Paula Chin on July 09, 2021
Impact on final tax bills, however, is expected to be minimal.
Co-op and Condo Property Tax Abatement Extended for Two Years
Written by Bill Morris on July 01, 2021
Gov. Cuomo’s signature means prized tax relief will live on through June 2023.
And They’re Off! First PACE Loan Finally Closes in New York City
Written by Bill Morris on June 17, 2021
Low-cost loans for energy retrofits will help co-op boards cut carbon emissions.
Justice: Co-ops No Longer Subject to Constraints of Tenant Protection Act
Written by Paula Chin on June 10, 2021
Two new bills carve co-ops out of law designed to protect renters.