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.
Co-op Boards Must Address Racial Discrimination by Residents
Written by Bill Morris on March 28, 2019
Federal court ruling leaves laissez-faire boards open to crippling punitive damages.
Pied-a-Terre Tax Would Hit the Very Rich the Hardest
March 26, 2019
New analysis says tax would slash value of $25 million apartments.
Do Co-op and Condo Boards Have to Reveal Their Plans?
Written by Dale J. Degenshein on March 22, 2019
Courts rule board can approve roof deck, then order its removal.
With Weed Tax a Bust, Pied-a-Terre Tax Is Smoking
March 21, 2019
Governor Cuomo isn’t counting on legal marijuana revenue this year.
Brooklyn Botanic Garden Fights Sunlight-Blocking Towers
March 20, 2019
Petition drive seeks to kill zoning change favored by developers.
Discrimination Against Black Hairstyles Is Now Illegal
Written by Andrew I. Bart on March 19, 2019
Co-op and condo boards face stiff fines and unlimited damages.
Pushback to Tax on Rich Absentee Co-op and Condo Owners
March 15, 2019
Group favors citywide tax equity over a pied-a-terre tax.
A New Way to Pay For Energy-Efficient Improvements
Written by Frank Lovece on March 08, 2019
PACE loans are repaid through energy savings.
Fannie and Freddie Litigation Guidelines a Minefield for Condo Boards
Written by Leni Morrison Cummins on March 07, 2019
Boards need to watch their step to avoid getting blacklisted by lenders.
Ultra-Rich Getting Big Breaks on Property Taxes
March 04, 2019
Ken Griffin’s $238 million condo valued at just $9.4 million.