New York's Cooperative and Condominium Community

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LEGAL/FINANCIAL


HOW LEGAL/FINANCIAL PROBLEMS ARE SOLVED BY NYC CO-OPS AND CONDOS

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 Open the Vault to Co-op and Condo Documents

Written by Marianne Schaefer on November 24, 2016

New York City

Unit-owner sues, successfully, for access to condominium documents. 

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Is Your Building “Approved for Lending”?

Written by Theresa Racht on November 22, 2016

New York City

It’s up to boards to make sure the loans go through.

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Dayton Beach Park is mulling exit from Mitchell-Lama program.

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Up on the Roof: Illegal Additions Are a Major Minus

Written by Steven Troup on November 08, 2016

East Village

Boards need to draft an alteration agreement – and enforce it.

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This week we'll tell you about the perils of email, and the Department of Buildings' new digital push.

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Board Powers Are Immense, but Not Limitless

Written by Frank Lovece on November 03, 2016

Downtown Brooklyn

Court says denying access to documents is an illegal abuse of board power.

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City wants to tighten rules on affordable co-ops, but many shareholders are resisting.

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Budget Season Is No Time for Wishful Thinking

Written by Tom Soter on October 28, 2016

New York City

When preparing budgets, boards should base hard decisions on hard figures.

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Condo Residents Locked Out of Their Own Parking Lot

Written by Frank Lovece on October 27, 2016

City Island

Boards need to get it in writing when giving up control of common elements.

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This week we take you Under the Budgeting Big Top, where the big financial decisions are made.

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Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

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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