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.
Here’s Your Chance to Speak Out on Property Tax Reform
October 23, 2018
Commission holds its seventh public hearing today in Tribeca.
Unhappy Shareholders Cannot Sue Boards Willy-Nilly
Written by Dale J. Degenshein on October 19, 2018
The Business Judgment Rule is thick armor for boards.
A Line of Credit Is for a Rainy Day
Written by Bill Morris on October 16, 2018
Boards that dip into this emergency fund need to have a plan for repaying it.
There Will Be Winners and Losers If Tax Reform Comes
October 16, 2018
One proposal would benefit Staten Island and punish Park Slope.
Giving Out Residents’ Email Addresses Is a Slippery Slope
Written by Robert Braverman on October 11, 2018
Boards must decide if “contact information” includes email addresses.
City’s Real Estate Biggies Are Betting Big on Cuomo
October 11, 2018
In this year’s one-horse race, they’re pushing the odds-on favorite.
A Line of Credit Is a Safety Net. Use Sparingly.
Written by Bill Morris on October 02, 2018
Boards that dip into this rainy-day fund need to have a plan for repaying.
Tribeca Condo Board Blocks Seller of Cellar Unit
Written by Victor M. Metsch on September 27, 2018
Business Judgement Rule shields board from frustrated seller’s lawsuit.
Lawsuit Against City Property Taxes Gets Green Light
September 27, 2018
Tax Equity Now New York elated by judge’s ruling.
5 Things to Do Before Signing an Alteration Agreement
Written by Bill Morris on September 20, 2018
Boards protect themselves, and apartment owners should, too.