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.

Proposal would require posting of a policy, fines for breaking any ban.

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The good old days of risk – and higher returns – are back for investors.

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Condo Board’s Long Legal Nightmare May Be Over

Written by Bill Morris on August 10, 2017

NoMad, Manhattan

Courts rule that sponsor is responsible for faulty construction.

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Spike in lawsuits as developers push back against high fees for building access.

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Mayor floats an old idea to deal with the “summer of hell.”

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Bay Terrace co-ops buy the land they sit on, secure their futures.

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White Plains co-op settles lawsuit filed by disabled applicant.

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Appeals court upholds barbed street names in controversial condo development.

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Citing the Business Judgment Rule, court tosses suit by disgruntled shareholders.

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Mayor slams lawsuit by group of activists and realtors seeking tax reform.

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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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