HABITAT
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.
All Co-op Proprietary Leases Have an Expiration Date. When Is Yours?
Written by Bill Morris on March 16, 2023
Co-op boards risk “suicide” if they allow their lease to expire.
Boards must decide if it’s smart to save on interest by paying down the loan.
Angry residents say the board's actions are pricing them out of their homes.
Co-op and Condo Law Firm Mergers March On
February 06, 2023
Braverman Greenspun is latest to acquire a smaller firm.
Upper East Side Co-op and Church in a War of Inches
February 03, 2023
A nasty fight has erupted over how close a church can build next to a co-op.
Defamation Against Co-op and Condo Boards Is Hard to Prove
Written by Andrew P. Brucker on February 02, 2023
The “common interest privilege” is a popular defense in defamation lawsuits.
Co-op Board Sues, Claiming Absent Shareholder Is a Hoarder
January 20, 2023
Upper East Side apartment has become "a quasi-storage facility," lawsuit says.
Co-op Board Feeds Reserve Fund With an Annual “Capital Contribution”
Written by Carol J. Ott on January 12, 2023
Method doesn’t rely on the vagaries of the city’s cyclical real-estate market.
Here’s the Wrong Way to Handle a Noise Complaint in a Co-op
Written by Andrew P. Brucker on January 05, 2023
Litigation mushrooms when third parties get dragged into the fight.
New Law to Require Registration of All Short-Term Housing Rentals
Written by Bill Morris on November 17, 2022
Co-op and condo advocates applaud crackdown on illegal hotels.
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