New York's Cooperative and Condominium Community

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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 Arduous Art of Evicting a Serial Subletter

Written by Dale J. Degenshein on January 21, 2019

Yorkville, Manhattan

It’s possible, but not easy, to evict a shareholder for objectionable conduct.

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City sues Upper West Side co-op for blocking health inspectors.

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Legal Fee Recovery for Co-ops in Jeopardy

Written by Marianne Schaefer on January 10, 2019

Lower East Side, Manhattan

Appeals court calls common proprietary lease provision “unenforceable.”

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Final rates released for the current fiscal year.

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Wrestling Over What’s Makes a Rule “Reasonable”

Written by Dale J. Degenshein on December 10, 2018

Montauk, Long Island

This pesky little word can complicate the lives of co-op and condo boards.

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Airbnb predicts tourists will shun New York City in 2019.

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Harperley Hall wins three-year legal war with a pop superstar.

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At Refi Time, Boards Need to See the Big Picture

Written by Lisa Prevost on November 30, 2018

New York City

The prepayment penalty is only part of the calculation.

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Citizens Budget Commission proposes pegging assessments to market value.

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Murder in Apartment 3P

Written by Victor M. Metsch on November 29, 2018

Fort Wadsworth, Staten Island

Co-op and condo boards must protect people from “foreseeable” harm.

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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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