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.
Fair Chance Act Remakes the Co-op Admissions Process
Written by Carol Ott and Amy Sara Clark on April 29, 2025
Criminal background checks can come only after conditional approval of a buyer.
Report Says Property Taxes Favor High-End Co-ops and Condos
April 25, 2025
Regressive system favors "the haves over the have-nots."
National Grid Gas Rates to Jump — Again — on April 1
March 21, 2025
Rate hikes are "shocking to the conscience," says U.S. Rep Richie Torres of the Bronx.
There's a new weapon in the decades-long fight to fix the city's property tax calculations.
Condo fees increased nearly triple the rate of inflation while co-op fees were flat.
Co-op Board's Refusal to Transfer Shares to Unmarried Partner Is Upheld
February 25, 2025
Controversial decision was based on a rigid definition of "spouse."
How Co-op and Condo Boards Can Take the Sting Out of Assessments
Written by Paula Chin on February 17, 2025
Boards must take into account shareholders' and unit-owners' ability to pay.
Q&A: How to Recover Unpaid Dues From a Condo Sponsor
February 10, 2025
Attorney general says failure of condo sponsors to pay dues is a "serious" problem.
Gramercy Square Condo Board Sues Sponsor for $75 Million
February 07, 2025
The condo board's lawsuit alleges physical defects and fiscal mismanagement.
Co-op Board Moves to Evict Quad Cinema Over Unpaid Rent
February 03, 2025
First it was noise, now it's unpaid rent. Co-op board says cinema has to go.
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