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.
November 17, 2023
Commercial tenant's failure to pay common charges leads to a lawsuit.
Written by Julie Schechter, Partner, Armstrong Teasdale on November 16, 2023
Section 881 of the Real Property Actions and Proceedings Law allows access to a neighbor’s property under what’s called a license or access agreement.
Lawsuit is a copycat of a recent Missouri suit that awarded $1.7 billion to homesellers
Written by Scott Smiler, Partner, Gallet Dreyer & Berkey on November 09, 2023
Short-term rental platforms are a thorn in co-op and condo buildings' sides. With the recent passage of Local Law 18, boards are getting some welcome relief.
Written by Bill Morris on November 03, 2023
State Supreme Court tosses lawsuit claiming climate law is unconstitutional.
Written by Lewis Montana, Partner, Levine Montana on October 26, 2023
A new state law requires landlords, including co-op boards, to provide tenants with comprehensive information about their building's flood risk by fully disclosing the property’s flood history.
Written by Slava Hazin, partner, Warshaw Burstein on October 12, 2023
When a co-op & condo board initiates a lawsuit or is sued, the issue of who is going to pay the legal fees is always asked.
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.