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.
Three Legal Landmarks All Co-op and Condo Boards Need to Know
Written by Stuart Saft on July 12, 2018
Decisions from years ago shaped the scope and limits of board powers.
An Assessment Is One Way to Pay Off a Line of Credit
Written by Jeffrey P. Roude on July 09, 2018
Variable interest rates are a drawback to this popular source of funding.
Every Board Needs a Fidelity Bond. Here’s Why
Written by Barbara Strauss on July 06, 2018
If the property manager steals, an uninsured board can get burned.
Not In My Billionaires’ Row!
July 05, 2018
Residents file lawsuit to keep homeless shelter out of the hood.
Judge Tells Madonna to Lay Off Her Co-op Board
July 03, 2018
Singer has no right to examine co-op’s votes or meeting minutes.
Sutton Place Tower Wins Zoning Exception
June 27, 2018
Opponents vow to sue to block 800-foot luxury condo tower.
Is There a “Normal” Increase for Monthly Charges?
June 26, 2018
With costs relentlessly rising, most boards try to keep increases small.
Last Land-Lease Purchased at Bay Terrace Co-op
June 22, 2018
Nine Queens co-ops finally own the land they sit on.
Queens Co-op Protests Crippling Tax Bill
June 20, 2018
Affordable Citylights co-op caught in a double bind.
Seward Park Co-op Shoots Down Air Rights Sale
June 15, 2018
Developer’s offer of $54 million rejected by shareholders.
Ask the Experts
learn moreLearn 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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