New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

HABITAT

BOARD OPERATIONS


HOW CO-OP/CONDO BOARDS OPERATE

How do NYC co-ops and condos operate? Governed by an elected board of directors, these housing corporations are like mini-cities with their own bylaws and governing documents. Here you'll find articles on a wide range of topics that co-op and condo board directors need to understand to govern their housing corporation wisely. 

Understanding Fiduciary Duty For Co-op and Condo Board Directors

Written by Mark L. Hankin, Partner, Hankin & Mazel on April 24, 2024

New York City

New board directors often underestimate the scope of their responsibilities when they assume their roles, including the financial complexities and legal constraints of managing a co-op or condo, the importance of a code of ethics, the need to declare conflicts of interest, and the importance of reading the bylaws and governing documents.

Read more

There are limits to the reasonable accommodations co-op and condo boards must make.

Read more

Distraught shareholders unlikely to get rid of a neighbor's unruly support dog.

Read more

The Corporate Transparency Act, a new federal disclosure law, has been declared unconstitutional by a district court in Alabama, leaving co-ops and condominiums uncertain about its scope and enforceability.

Read more

Unhappy shareholders can ask the board to buy their apartments, but it's not likely to happen.

Read more

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.

Read more

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

Read more

Some board candidates are driven by self interest, others by a desire to serve their community.

Read more

Unit-owners must follow the bylaws and the law when trying to remove board members.

Read more

While serving on the city council, Vallone worked tirelessly on behalf of co-ops and condos.

Read more

Ask the Experts

learn more

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

see the guide

Looking for a vendor?