New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

NEW YORK CITY

Even if inflation continues to cool, shortage of apartments for sale will take years to correct.

Lower broker commissions will mean lower closing costs for co-ops and condos. 

Bill would give co-ops and condos tax breaks for reducing building carbon emissions.

Critics say mediation is a get-out-of-jail-free card for buildings that fail to meet carbon caps.

As co-op and condo board scramble to reduce carbon emissions, there's good news and bad.

Tips on When to File — or Not File — an Insurance Claim

Written by Donald Schatzle on February 23, 2024

New York City

There are ways for co-op and condo boards to soften today's hard insurance market.

Commercial Tenant Defaults and Yellowstone Injunctions

Written by Massimo D'Angelo, Partner, Blank Rome on February 22, 2024

New York City

A Yellowstone injunctionis the most potent weapon in a tenant's arsenal when faced with landlord-tenant summary eviction proceedings.

Succession and Governance in Mitchell-Lama Co-ops

Written by Dean Roberts, Member, Norris McLaughlin on February 15, 2024

New York City

Mitchell-Lama apartments present an affordable housing option for New York City residents.

Budgeting Challenges for Co-ops With Commercial Spaces

Written by Andrew Freedland, Partner, Herrick Feinstein on February 08, 2024

New York City

Co-op boards with commercial spaces have long relied on income from their leases to business entities as a source of revenue to fund their building operations.

The Habitat Group wishes you a prosperous and apolitical Presidents' Day.

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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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