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.

Putting the “Meet” in a Condo Board’s Annual Meeting

Written by Dale J. Degenshen on May 13, 2019

Staten Island

When factions fight for control, things can get ugly.

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Co-op and condo boards’ attorneys are mystified by new ruling.

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A creative committee solves the finance riddle for overdue facade repairs.

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Top 10 percent of co-op and condo owners could lose cherished tax break.

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Co-op Board Bitten After Denying Request for a Service Dog

Written by Ira Brad Matetsky on April 11, 2019

New York City

Court reinstates award after a co-op board discriminates and retaliates.

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Sewing Up a Mortgage Refi

Written by Lisa Prevost on April 09, 2019

New York City

The final product must fit the co-op’s needs and means.

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A Mortgage Refi Should Fit Like a Tailor-Made Suit

Written by Lisa Prevost on April 08, 2019

New York City

One size does not fit all co-ops when it's time to refinance the mortgage.

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Lawsuit by contractor says developer of condo tower tried to cut corners.

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Watch Your Step Crossing the Fannie and Freddie Lending Minefield

Written by Leni Morrison Cummins on April 04, 2019

New York City

Condo boards must follow strict guidelines to keep financing flowing.

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A dark-horse transfer tax is gaining on the front-running pied-a-terre tax.

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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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