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.
Judge Blocks Lower East Side Luxury Towers – For Now
August 06, 2019
Three towers in Two Bridges must undergo pubic review.
Central Park West Condo Sues to Block Bike Lane
August 01, 2019
As fatalities rise, residents worry about lost parking spaces.
Co-op Boards Must Now Document Vacant Storefronts
July 30, 2019
City’s move to reduce vacancies strikes some as a “fishing expedition.”
Smart Ways to Finance Energy Projects
Written by Carol J. Ott on July 23, 2019
They exist – you just have to run the numbers.
J-51 Tax Abatement Extended and Expanded
July 22, 2019
Co-ops and condos retain tool for funding capital projects.
Check for Hidden Exclusions on Insurance Policies
Written by Paul Orlandoni on July 19, 2019
The Scaffold Law makes potential losses severe, so scrutinize insurance policies.
Don’t Block My View of Central Park!
Written by Victor M. Metsch on July 18, 2019
Essex House legal battle seeks to put a price tag on a condo’s priceless amenity.
Co-op and condo boards need to avoid discriminating when hiring.
How to Keep a Condo Association Tax-Free
Written by Michael Esposito on July 12, 2019
Budget surpluses can be taxed, so condo boards should avoid them.
Co-op and Condo Tax Abatements Could Be Tied to Staff Pay
Written by Bendix Anderson on July 11, 2019
Bill before governor could sting buildings with non-union workers.