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Avoiding Discrimination Claims in the Co-op Approval Process

of discrimination, board members must not ask questions related to protected classes such as race, age, ethnicity ... are the questions that a board can very safely ask in this initial conversation? Daniel Finger: Usually, and just

New Insurance Challenges Include Risk, Cost, and Fine Print UNABRIDGED

Magazine Article by Jonathan Steward on December 06, 2022

on the carrier, but some of the stricter ones will definitely ask boards to see a sample alteration agreement

Problem Solved: Cleaning Up a Co-op’s Financial Mess

New York City

of the year to deduct real estate taxes and mortgage interest on a per-share basis. We tried getting in touch

Insurance Premium Financing Gaining Traction For Co-ops and Condos

New York City

financing, and it’s offered by a niche group of nationwide and local lenders. Typically, a board asks its

Time Well Served UNABRIDGED

Magazine Article by Paula Chin on September 27, 2022

timing-wise with the mortgage, which expired right when we could take advantage of low interest rates. We

Fannie Mae Shakes Up the Co-op and Condo Lending Game

New York City

Fannie Mae, the federally backed mortgage giant, has changed its lending rules. “In the past

Premium Financing to the Rescue UNABRIDGED

Magazine Article by Paula Chin on September 01, 2022

and local lenders. Typically, a board asks its insurance broker to contact the lender and apply for the loan

Tipping Point UNABRIDGED

Magazine Article by Paula Chin on September 01, 2022

’s a lot of back and forth with lenders and mortgage brokers now, and it’s taking much more time and effort ... Mortgages Lending ... The federally backed mortgage giant changes the rules — and to keep apartment sales moving, boards

Insurance Gaps: Happen More Often Than You Think UNABRIDGED

Magazine Article by Gina Corso on September 01, 2022

, and find a broker who specializes in co-ops and condominiums. That person is more likely to ask the right

Co-op Boards Must Treat All Pieds-a-Terre Equally

New York City

neighbors were using their apartments as pieds-a-terre. Confused, he asked Brick Underground: "Is the board

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Board Talk

Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!

Building Managers/Owners: Thoughts on canners?

Amanda Kari McHugh May 14, 2024

Financial report

Pooh May 12, 2024

Tree Guards

Elisa May 08, 2024

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.

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

Source Guide

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