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.
A Co-op Consolidates – and Protects – Its Reserve Fund
Written by Bendix Anderson on September 26, 2019
Ultra Money Market account allows board to park money in one place, worry free.
Lawsuit Seeks to Keep Water-Usage Data Available
September 18, 2019
City’s move to curtail access to records riles up building owners.
Lawyers for Disabled Plaintiffs Targeting Co-ops and Condos
Written by Marianne Schaefer on September 12, 2019
Fee-hungry lawyers profiting from Americans with Disabilities Act.
Is Property Tax Reform Dead Under de Blasio?
September 11, 2019
Deputy Mayor says hopes for an imminent overhaul are “unrealistic.”
The Art of the Turnaround at a Troubled Queens Co-op
September 10, 2019
A board took baby steps – and then went for the big fix.
A Budget Deficit Is a Recipe for Disaster
September 09, 2019
Keeping maintenance unrealistically low is not the way to go.
A Shabby Bike Room Is a Lawsuit Waiting to Happen
Written by Marianne Schaefer on September 05, 2019
A co-op board can't ignore a collapsing ceiling and waterbugs in a common area.
The Key to a Smooth Management Transition
September 02, 2019
A transfer of complete financial records is vital to an incoming manager.
It Just Got Easier to Claim Sexual Harassment on the Job
Written by Andrew I. Bart on August 15, 2019
State’s new workplace laws make co-op and condo boards vulnerable.
O Property Tax Reform, Where Art Thou?
August 14, 2019
City commission missed February deadline; no report in sight.
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Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
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