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.
Crackdown Continues on Illegal Sublets
March 27, 2017
There's help for boards who want to keep their co-op or condo from becoming a hotel.
Land-Lease Condos Are Different From Their Co-op Cousins
March 23, 2017
It gets tricky when you don’t own the land your building sits on.
State Republicans Push for “Welfare for Developers”
March 17, 2017
New version of 421-a tax breaks would increase condo projects in outer boroughs.
How a Land-Lease Co-op Landed in Real-Estate Heaven
Written by Paula Chin on March 14, 2017
Buying the land the building sits on was key to this co-op’s success.
City to Co-ops: Sign on the Dotted Line...Or Else
March 13, 2017
Regulatory Agreement pits many HDFC co-ops against the city.
There Are Limits to Co-op Boards’ Powers
Written by Lisa L. Colangelo on March 09, 2017
Court rules that co-op board “unreasonably” blocked transfer of dead woman’s shares.
How to Avoid Becoming a Money Laundry
March 07, 2017
Boards have tools to keep unsavory buyers out of their buildings.
Chelsea Group Seeks to Block “Monstrosity” Condo
March 03, 2017
Supreme Court petition fights 11-story building rising over church.
Co-ops Push Back Against Bills to Speed Application Process
Written by Lisa L. Colangelo on March 02, 2017
One co-op advocate labels proposed city and state laws “absurd.”
Rare Win for Affordable Housing Over Gentrification
March 01, 2017
St. James Towers co-op in Brooklyn votes to stick with Mitchell-Lama.
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Ask the Experts
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Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
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