NYC co-ops and condos, like all residential apartment buildings, are bricks and mortar. They need care, maintenance, and money to pay for the upkeep. The goal, though, is not to make a profit, but to create an environment that owners want to live and invest in. How co-op and condo buildings do that in New York City is what you'll find here.
February 26, 2024
Under the warranty of habitability, co-op and condo boards must make sure all intercoms work.
February 20, 2024
The Trump brand has proven a drag on values for Manhattan condos.
February 13, 2024
As co-op and condo boards struggle to prevent fires, city is enforcing new laws.
February 12, 2024
There are several factors that determine the legal capacity of rooftop amenity spaces.
February 02, 2024
Deadly Florida condo collapse moved New Jersey to tighten building inspections.
January 22, 2024
Co-op and condo boards are urged to get busy complying with Local Law 126.
January 19, 2024
Number of fires and deaths from faulty lithium-ion batteries rose again last year.
November 27, 2023
There are places to turn for help when an elderly resident suffers from impairment.
November 21, 2023
Co-op shareholders and condo unit-owners have options when their building is too chill.
Written by Steven Sladkus, Partner, Schwartz Sladkus Reich Greenberg Atlas on November 02, 2023
Defect claims occur in about 90% of new construction condos in New York City, and approximately 30% to 40% of these end up in litigation.