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.
Co-op and Condo Flood Insurance Premiums Could Jump by 10% or More
Written by Justin Kraus on October 14, 2021
New system is designed to bring federally backed premiums in line with risk.
Advocates Urge Governor to Sign Bill Carving Co-ops Out of Tenant Act
September 28, 2021
Co-op advocates keep flexing their newfound political muscle.
Condo Board Sues 432 Park Ave. Sponsors for $125 Million Over Defects
September 27, 2021
Construction defects include noise, explosions, floods and faulty elevators.
There Are Limits on Employee Vaccination Mandates
Written by Andrew I. Bart on September 21, 2021
Union agreement allows co-op and condo boards to use a carrot, not a stick.
Court Says Frivolous Lawsuits Qualify as “Objectionable Conduct”
Written by Ira Brad Matetsky on September 09, 2021
Board succeeds in terminating the lease of a litigious shareholder.
Condo Boards Can Get Burned by Inadequate Bylaws
Written by Andrew P. Brucker on August 27, 2021
A fire in a downtown condo's commercial unit lit up a legal brawl.
Condos to Replace Affordable Housing by Brooklyn Botanic Garden
August 23, 2021
Developer calls controversial project's foes "limousine liberal elitists."
Co-op Boards Getting Ready for the Reopening of Housing Court
Written by Mark N. Axinn on August 19, 2021
There are ways to collect arrears without going to an overburdened court.
Co-op Board Is Rescued by the Trusty Business Judgment Rule
Written by Andrew P. Brucker on August 13, 2021
Courts rule in favor of co-op board in dispute over a $1 million repair.
New Bill Would Allow Virtual Annual Meetings for Condominiums
Written by Bill Morris on August 12, 2021
State Sen. Liz Krueger is pushing to equalize treatment of co-ops and condos.
Board Talk
Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!
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.
Ask the Experts
learn moreLearn 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
Subscribe
join nowGot elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!