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.
Court Declines to Shut Down Illegal Parties During the Pandemic
Written by Victor M. Metsch on September 10, 2020
Co-op and condo boards need to meet the letter of the law to thwart violations.
New Florida Law Cracks Down on Bogus Emotional Support Animals
Written by John W. Egan on August 26, 2020
New measure imposes penalties for abusing disability access laws in housing.
Pied-a-Terre Tax Has Risen From the Grave – Again
August 24, 2020
As unkillable as the cockroach, the proposed tax on second homes is back.
Bill Seeks to End Prepayment Penalties in Underlying Mortgages
Written by Marianne Schaefer on August 20, 2020
Opinions differ on potential benefits for housing cooperatives.
A Way for Co-op and Condo Boards to Avoid Costly Litigation
Written by Bruce Cholst and Devin W. Ness on August 13, 2020
The statute of limitations can prevent an ugly and expensive court battle.
There Has Never Been a Better Time for Co-ops to Refinance
Written by Bill Morris on July 30, 2020
Co-ops stampede to take advantage of historically low interest rates.
With Assessments Looming, Will Residents Push Back?
July 06, 2020
Co-op and condo boards are looking for ways to cover income shortfalls.
Are Management Fees Due for a Day of Reckoning?
Written by Kathryn Farrell on July 02, 2020
Workloads are up and ancillary fees are down. Something has to give.
Late-payment penalties would be cut in half, not eliminated.
Lawsuit and new legislation seek to force insurers to pay claims.