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.
Nothing Is Certain After a Co-op Shareholder’s Death
July 10, 2019
Boards can reject heirs who are deemed financially unfit.
Loftlandia: The South Bronx Is the New Soho
July 09, 2019
Cuomo extends Loft Law, a boon to artists and a bane to landlords.
Condos Need to “True Up” With Their Commercial Units
July 05, 2019
Common charges must be reviewed – and balanced – regularly.
All Co-ops and Condos Need Workers' Comp Insurance
July 02, 2019
Boards are at risk if an uninsured worker or a volunteer is injured.
Who Gets to Go Up on the Roof?
Written by Dale J. Degenshein on July 01, 2019
Co-op board and shareholder at odds over roof access.
Neighbor vs. Neighbor at the Newswalk Condominium
Written by Victor M. Metsch on May 30, 2019
Lawsuit over access to an apartment is an upstairs-downstairs drama.
Everything You Need to Know to Unlock the Financial Statement
Written by Lisa Prevost on May 27, 2019
The last two keys to prepare co-op and condo boards for the annual meeting.
Two More Keys to Unlocking the Audited Financial Statement
Written by Lisa Prevost on May 24, 2019
Make sure reserve funds and security deposits are where they belong.
Luna Park co-op on Coney Island allowed applicants to leapfrog waiting list.
Two Keys to Unlocking the Financial Statement
Written by Lisa Prevost on May 20, 2019
How to parse the auditor’s opinion and the operating results.