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.
City to Hold More Public Hearings, Virtually, on Property Tax Reform
Written by Bill Morris on May 04, 2021
More than a year after its preliminary report, commission relaunches hearings.
Rep. Tom Suozzi Leads Fight to Remove Cap on SALT Deduction
Written by Bill Morris on April 23, 2021
Bipartisan group in Congress pushes to get rid of Trump-era tax burden.
Bills to Transform Co-op Purchases May Finally Become Law
Written by Bill Morris on April 15, 2021
Advocates worry that a bedrock co-op board power is in jeopardy.
Co-op Board Learns the High Cost of Being Unreasonable
Written by Andrew P. Brucker on April 13, 2021
Court rejects board’s high-handed effort to evict long-time resident and his family.
A co-op tax increase was scuttled; so was a workaround for carbon emission caps.
From Billionaires' Row to Soho, Homeless Shelters Must Go
April 05, 2021
Co-op and condo residents push back against shelters in posh hoods.
U.S. Appeals Court Sides With Co-op Boards in Major Discrimination Case
Written by Bill Morris on March 26, 2021
Boards are not required to intervene in discrimination fights between neighbors.
Bill Would Require Co-op Boards to Give Reasons for Rejecting Sales
Written by Bill Morris on March 25, 2021
Westchester County bill would also set time limits on weighing applications.
Schumer Puts Damper on New Flood-Insurance Rates
March 19, 2021
Federal rate hikes for pricey waterfront homes are now on hold.
If Property Values Are Down, Why Are Property Taxes Up?
Written by Paula Chin on March 15, 2021
Something called Transitional Assessed Value is the culprit.
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