New York's Cooperative and Condominium Community

Habitat Magazine Business of Management 2021

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.

For the first time, co-ops will be eligible for the forgivable federal loans.

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Co-op Board Learns That Emails Can Bite Back

Written by Victor M. Metsch on January 07, 2021

Greenwich Village, Manhattan

Bitter dispute between neighbors lands in court, delivers a lesson.

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When Neighbors Tangle, Co-op Boards Can't Look Away

Written by Andrew P. Brucker on December 08, 2020

New York City

Lawsuit shows that co-op boards need to intervene in neighborly disputes.

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Boards cannot require shareholders to get authorization for guests.

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Lawsuit shows that board powers are sizable – and long-lived.

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Co-op and condo advocates unite in opposition to “catastrophic” proposal.

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Boards are facing a distasteful choice: impose assessments or raise fees?

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Residents of San Francisco, Austin and Elizabeth, N.J., pay more.

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This Case Went to the Dogs, Then to Court

Written by Dale J. Degenshein on November 06, 2020

Fishkill, New York State

Court muzzles a condo board's power to fine owners of unruly dogs.

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Disgruntled shareholder’s claim of mismanagement is ruled “speculation.”

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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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