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.
Condo Boards Not Required to Vet Sublets
Written by Dale J. Degenshein on February 21, 2020
After subletter listed apartment on Airbnb, lawsuits flew.
Co-op and Condo Tax Abatement Will Not Be Tied to Prevailing Wage
February 14, 2020
Gov. Cuomo hands a “huge victory” to co-ops and condos.
10 Modest Proposals to Reform City Property Taxes
February 10, 2020
Here’s a timeline of an intractable, 40-year-old mess.
Will Property Tax Overhaul Lead to a Rush for the Exits?
February 07, 2020
Will Property Tax Overhaul Lead to a Rush for the Exits?
Advocate Says Pied-a-Terre Tax Would Hurt All Co-ops and Condos
Written by Stuart Saft on February 06, 2020
Wealthy owners of second homes would not be only ones hit by tax.
Home-equity Loans Are Available to Co-op Shareholders
February 05, 2020
Age is no barrier to such loans, but reverse mortgages are off the table.
Commission has come out with its long-awaited proposals on tax overhaul.
Don’t Let Violations Derail Sales or a Mortgage Refinance
Written by Bill Morris on January 23, 2020
DOB violations are multiplying, but workarounds exist.
Though Values Are Sluggish, Property Taxes Will Rise Again
January 22, 2020
Co-ops and condos facing roughly 6 percent bigger tax bite.
Lawsuit Says Stalled Access Agreement Led to Fatal Facade Failure
January 07, 2020
Did pedestrian die because landlord denied access to repair crews?