New York's Cooperative and Condominium Community

HABITAT

LEGAL/FINANCIAL


HOW LEGAL/FINANCIAL PROBLEMS ARE SOLVED BY NYC CO-OPS AND CONDOS

NYC co-ops and condos face legal and financial challenges that have to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant or lawyer, co-op and condo board directors have to make decisions. The collection of articles here will help your co-op or condo board navigate these waters.

Fair Chance Act Remakes the Co-op Admissions Process

Written by Carol Ott and Amy Sara Clark on April 29, 2025

New York City

Criminal background checks can come only after conditional approval of a buyer.

Read more

Regressive system favors "the haves over the have-nots." 

Read more

Rate hikes are "shocking to the conscience," says U.S. Rep Richie Torres of the Bronx.

Read more

There's a new weapon in the decades-long fight to fix the city's property tax calculations.

Read more

Condo fees increased nearly triple the rate of inflation while co-op fees were flat.

Read more

Controversial decision was based on a rigid definition of "spouse."

Read more

Boards must take into account shareholders' and unit-owners' ability to pay.

Read more

Attorney general says failure of condo sponsors to pay dues is a "serious" problem.

Read more

The condo board's lawsuit alleges physical defects and fiscal mismanagement.

Read more

First it was noise, now it's unpaid rent. Co-op board says cinema has to go.

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
Blue Owl Management

Looking for a vendor?