HABITAT
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.
The Arduous Art of Evicting a Serial Subletter
Written by Dale J. Degenshein on January 21, 2019
It’s possible, but not easy, to evict a shareholder for objectionable conduct.
Failure to Comply With Cooling Tower Regs Lands a Co-op in Court
January 14, 2019
City sues Upper West Side co-op for blocking health inspectors.
Legal Fee Recovery for Co-ops in Jeopardy
Written by Marianne Schaefer on January 10, 2019
Appeals court calls common proprietary lease provision “unenforceable.”
Co-op and Condo Tax Rates Decline Slightly
December 17, 2018
Final rates released for the current fiscal year.
Wrestling Over What’s Makes a Rule “Reasonable”
Written by Dale J. Degenshein on December 10, 2018
This pesky little word can complicate the lives of co-op and condo boards.
The Tourists Are Leaving! The Tourists Are Leaving!
December 10, 2018
Airbnb predicts tourists will shun New York City in 2019.
Co-op Board 1, Madonna 0
December 04, 2018
Harperley Hall wins three-year legal war with a pop superstar.
At Refi Time, Boards Need to See the Big Picture
Written by Lisa Prevost on November 30, 2018
The prepayment penalty is only part of the calculation.
A Tax Overhaul Plan Co-ops and Condos Will Love
November 30, 2018
Citizens Budget Commission proposes pegging assessments to market value.
Murder in Apartment 3P
Written by Victor M. Metsch on November 29, 2018
Co-op and condo boards must protect people from “foreseeable” harm.
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