New York's Cooperative and Condominium Community

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LEGAL/FINANCIAL


HOW LEGAL/FINANCIAL PROBLEMS ARE SOLVED BY NYC CO-OPS AND CONDOS

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 advocates applaud crackdown on illegal hotels.

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City to Regulate Use of Artificial Intelligence in Hiring

Written by Andrew I. Bart on November 15, 2022

New York City

Co-op and condo boards need to be aware of changes under Local Law 144.

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Co-op Boards Can Claim Fraud When a Buyer Lies

Written by Andrew P. Brucker on November 10, 2022

Brooklyn

Brooklyn lawsuit shows co-ops have a powerful tool.

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Co-op board, accountant and managing agent let finances slide for years.

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Tool avoids lump-sum payment, levels out spending into “a smooth line.”

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A leak from a vacant apartment highlights a fundamental shareholder right in a housing cooperative.

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Here’s How Condo Boards Can Collect Arrears

Written by Andrew P. Brucker on September 29, 2022

New York City

Lacking the power to evict, condo boards must use different tools.

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Dispute over drawn-out construction, unpaid fees winds up in court.

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These new loans can benefit older shareholders and the co-op corporation.

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Wage Transparency Is Coming for Co-op and Condo Job Ads

Written by Andrew I. Bart on September 20, 2022

New York City

New law requires posting pay range, levies stiff fines for violations.

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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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