For board members and property managers of co-ops and condos in New York City, there are legal and financial questions regarding new and old laws, accounting rules, auditing, and so much more. Here’s what you need to know to manage your finances and speak knowledgeably with your accountant and attorney.
Written by Bill Morris on August 17, 2017
Proposal would require posting of a policy, fines for breaking any ban.
August 16, 2017
The good old days of risk – and higher returns – are back for investors.
August 09, 2017
Spike in lawsuits as developers push back against high fees for building access.
August 08, 2017
Mayor floats an old idea to deal with the “summer of hell.”
July 27, 2017
Bay Terrace co-ops buy the land they sit on, secure their futures.
White Plains co-op settles lawsuit filed by disabled applicant.
Appeals court upholds barbed street names in controversial condo development.
Written by Bill Morris on July 20, 2017
Citing the Business Judgment Rule, court tosses suit by disgruntled shareholders.
Mayor slams lawsuit by group of activists and realtors seeking tax reform.
Thinking of buying a co-op or condo? Already bought, and not sure how co-op/condo life and rules work? Learn all about purchasing a place and living in your new community. It's not like renting, and its not like owning a house. What's it like?