New York's Cooperative and Condominium Community

Habitat Magazine October 2020 free digital issue

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.

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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When a Transfer of Shares Is Not a Transfer of Shares

Written by Andrew P. Brucker on October 27, 2020

New York City

Co-op boards need to protect their right to approve transfers and collect flip taxes. 

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Low Interest Rates Come With New Snags for Refi Shoppers

Written by Lisa Prevost on October 26, 2020

New York City

Want to refinance your co-op's mortgage? Get your ducks in a row.

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HUD claims Long Island condo discriminated against disabled resident.

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Some co-op and condo boards are balking at paying required expenses.

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Three condo boards seek $2 million for city’s failure to maintain parks.

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Access to a Neighboring Building Is Not Guaranteed

Written by Victor M. Metsch on October 08, 2020

Lenox Hill, Manhattan

Though the courts usually grant board requests, some are denied.

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Interest Rates Make This Refi Prime Time

Written by Lisa Prevost on October 05, 2020

New York City

There’s a catch: lower rates come with greater scrutiny.

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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

Source Guide

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