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.
Up on the Roof: Illegal Additions Are a Major Minus
Written by Steven Troup on November 08, 2016
Boards need to draft an alteration agreement – and enforce it.
Week by Week: November 7
November 07, 2016
This week we'll tell you about the perils of email, and the Department of Buildings' new digital push.
Board Powers Are Immense, but Not Limitless
Written by Frank Lovece on November 03, 2016
Court says denying access to documents is an illegal abuse of board power.
Battle Brewing Over Proposed HDFC Co-op Reforms
November 03, 2016
City wants to tighten rules on affordable co-ops, but many shareholders are resisting.
Budget Season Is No Time for Wishful Thinking
Written by Tom Soter on October 28, 2016
When preparing budgets, boards should base hard decisions on hard figures.
Condo Residents Locked Out of Their Own Parking Lot
Written by Frank Lovece on October 27, 2016
Boards need to get it in writing when giving up control of common elements.
Week by Week: October 24
October 24, 2016
This week we take you Under the Budgeting Big Top, where the big financial decisions are made.
Yes, You Can Control Legal Fees
October 24, 2016
A free seminar will advise boards on ways to cut a dreaded cost.
The Gravity of an Unbalanced Budget
Written by Frank Lovece on October 21, 2016
There's a right way and a wrong way to keep monthly charges low.
New Flood Zones Could Slash Insurance Premiums
October 19, 2016
Feds agree to redraw city’s stringent flood maps.
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Habitat Week by Week
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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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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