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.
Courts Uphold Condo's Demand for $1 Million Bond in Licensing Agreement
Written by Bill Morris on June 23, 2022
Condominium’s “unique” demand is upheld, others are turned down.
With 421-a tax abatement fresh in the grave, Lander calls for wholesale reform.
State Legislature Lets J-51 Tax Abatement Die — For Now
Written by Bill Morris on June 06, 2022
Co-op and condo advocates still hopeful the tax break will be revived and expanded.
Co-ops Face June 17 Deadline to Post Accommodation Rights for Disabled Residents
Written by Marc Schneider on June 02, 2022
New rule lays out specifics of how notices must be posted and distributed.
Revived Real Estate Industry Likely to Kill Good Cause Eviction Bill
Written by Bill Morris on May 31, 2022
Progressive bill was opposed by industry and many co-op and condo advocates.
Co-ops and condos must pay prevailing wages in order to get property tax abatement
Presidents Co-op and Condo Council leaders try to block "draconian" climate law.
Co-op and condo boards catch another break as May 15 deadline is delayed.
Strike by Building Service Employees Is Averted
April 19, 2022
Realty Advisory Board and Local 32BJ reach 11th-hour deal on a new contract.
A Wave of New Employee Rules Is About to Hit
Written by Andrew I. Bart on April 19, 2022
New rules coming on whistleblowers, salary posting, sexual harassment and more.