HABITAT
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 Tosses Lawsuit Against City’s Property Tax System
March 02, 2020
System may be “unfair,” but lawmakers should fix it, court rules.
Judge Blocks Three Condo Towers from Two Bridges
February 28, 2020
Another blow to the city's powerful real-estate interests.
Lack of “Political Will” Driving Lawsuit on Property Tax Reform
February 25, 2020
Coalition behind lawsuit is tired of waiting for politicians to act.
Condo Boards Not Required to Vet Sublets
Written by Dale J. Degenshein on February 21, 2020
After subletter listed apartment on Airbnb, lawsuits flew.
Co-op and Condo Tax Abatement Will Not Be Tied to Prevailing Wage
February 14, 2020
Gov. Cuomo hands a “huge victory” to co-ops and condos.
10 Modest Proposals to Reform City Property Taxes
February 10, 2020
Here’s a timeline of an intractable, 40-year-old mess.
Will Property Tax Overhaul Lead to a Rush for the Exits?
February 07, 2020
Will Property Tax Overhaul Lead to a Rush for the Exits?
Advocate Says Pied-a-Terre Tax Would Hurt All Co-ops and Condos
Written by Stuart Saft on February 06, 2020
Wealthy owners of second homes would not be only ones hit by tax.
Home-equity Loans Are Available to Co-op Shareholders
February 05, 2020
Age is no barrier to such loans, but reverse mortgages are off the table.
Commission has come out with its long-awaited proposals on tax overhaul.
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