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.
There Has Never Been a Better Time for Co-ops to Refinance
Written by Bill Morris on July 30, 2020
Co-ops stampede to take advantage of historically low interest rates.
The Flip Tax Dodger
Written by Marianne Schaefer on July 16, 2020
How a board member got out of paying her co-op’s $40,000 flip tax.
With Assessments Looming, Will Residents Push Back?
July 06, 2020
Co-op and condo boards are looking for ways to cover income shortfalls.
Are Management Fees Due for a Day of Reckoning?
Written by Kathryn Farrell on July 02, 2020
Workloads are up and ancillary fees are down. Something has to give.
Late-payment penalties would be cut in half, not eliminated.
Lawsuit and new legislation seek to force insurers to pay claims.
Cuomo Extends Eviction Moratorium for Unpaid Rent
May 08, 2020
Co-ops and condos will continue losing income from commercial tenants.
5 Steps to Take When Commercial Tenants Cannot Pay Rent
Written by Marianne Schaefer on May 07, 2020
Co-op and condo boards need to be flexible when income falters.
Legislators say co-ops and condos should be eligible for federal aid.
Here's Why Co-ops and Condos Can't Get Payroll Support
Written by Carol J. Ott on May 01, 2020
The Paycheck Protection Program is not available to all small businesses.
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Habitat Week by Week
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
Habitat Essentials
A free digital resource for co-op/condo board directors. Published twice a month. Read now on all digital devices.
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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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