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.
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.
Report shows that assessed values are skewed in favor of white homeowners.
Upstairs v. Downstairs: Was the Access Lawsuit Worth It?
Written by Andrew P. Brucker on March 08, 2021
Condo unit-owners should be reasonable when access is requested.
The Pied-a-Terre Tax on Pricey Second Homes Is Back on the Table
Written by Paula Chin on February 23, 2021
To the dismay of co-op and condo boards, the tax looks likely to pass.
Case Notes: The High Cost of Defamation at a Bronx Condo
Written by Andrew P. Brucker on February 12, 2021
This case shows that words are weapons, and they should be used with care.
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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.
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