HABITAT

LEGAL/FINANCIAL

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.

The Tip-O-Meter helps answer a question that vexes many New Yorkers.

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Keeping a Commercial Space From Going to Waste

Written by David Bogoslaw on December 11, 2017

Upper East Side, Manhattan

Long-term leases are a hedge against an uncertain retail future.

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Solving a Land-Lease Riddle at Bay Terrace

Written by Paula Chin on December 08, 2017

Bayside, Queens

Massive Queens co-op arranges to buy the land, secure its future.

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Luxury condo towers unwelcome in low-rise, affordable neighborhood.

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Boards struggling to rent their commercial space just got some good news.

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Decade-long legal battle over shoddy construction is finally over.

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Another good reason for banning illegal sublets: they can get expensive.

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Putting Teeth in a Non-Disclosure Agreement

Written by Bill Morris on November 30, 2017

New York City

Though limited, boards do have power to protect confidentiality.

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Even without luxury condos, opponents deride project’s gentrification.

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How to Keep Your Building From Becoming a Hotel

Written by Karol S. Robinson on November 28, 2017

New York City

There are steps boards can take to prevent illegal short-term rentals.

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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

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