HABITAT
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.
Happy Labor Day!!!
September 02, 2024
The Habitat Group wishes all of our readers a relaxing — and work-free — holiday.
The board says disgruntled shareholders have not shown proof of wrongdoing.
Disgruntled unit-owners can write a group letter demanding an election, then threaten legal action.
There are three crucial questions to address before imposing fines and late fees.
Is Your Co-op's Flip Tax Legal?
June 24, 2024
Co-op apartment sellers can challenge improperly implemented flip taxes.
Aggrieved shareholder has limited options in a co-op without a smoke-free policy.
Failure to provide accommodations can result in legal action and financial penalties.
Happy Memorial Day!!!
May 27, 2024
The Habitat Group wishes our readers a safe and happy Memorial Day 2024.
The board can amend the lease to include late fees and seek possession in housing court.
For Financial Stability, Co-op Boards Must Swiftly Address Delinquent Shareholders
Written by Carolyn Rualo, Partner, Adam Leitman Bailey, P.C. on May 16, 2024
Co-op boards must strategically approach maintenance arrears by familiarizing themselves with the proprietary lease terms, collaborating with legal counsel, and taking timely actions to uphold the financial integrity of the co-op.
Board Talk
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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.
Ask the Experts
learn moreLearn 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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