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.
Corporate Transparency Act Is Back on Hold
January 28, 2025
The on-again, off-again law is beginning to resemble an elaborate pinball game.
As Assessments Hit All-Time High, Tax Reformers Push Back
January 27, 2025
Tax Equity Now New York wants city to recalculate its latest assessments.
The Green Light is Back on for the Corporate Transparency Act
January 24, 2025
The on-again, off-again law is back on, yet again.
Co-ops Push for Permanent Exemption From Landlord-Tenant Laws
January 21, 2025
For the third time, lawmakers try to immunize co-ops from "inadvertent" laws.
Appellate Court Reverses Itself, Blocks Corporate Transparency Act
December 27, 2024
Court reverses earlier decision that cleared way for enforcement of money-laundering law.
Co-op Board's Sharp Flip Tax Increase Raises Legal Questions
December 20, 2024
A co-op board's power to raise a flip tax is dictated by the governing documents.
J-51 Replacement Offers Help to Co-ops and Condos Needing Upgrades, But Many Miss Out
Written by Emily Myers on December 11, 2024
City Council passes new legislation allowing co-ops and condos to apply for tax breaks for major building renovations.
Red Hook Condo Board Seeks $60 Million for Shoddy Work
December 03, 2024
Lawsuits against condo developers for building defects are growing more complex.
Creative Ways For Co-op and Condo Boards to Balance Their Budgets
Written by Frank Lovece on November 18, 2024
It's not always necessary to raise monthly maintenance and levy assessments.
New York City Considers Paid Time Off for Pet Care
Written by Andrew I. Bart on November 08, 2024
Proposed amendment to the Earned Safe and Sick Time Act aims to support mental health.
Board Talk
Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!
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.
Ask the Experts
learn moreLearn 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
Subscribe
join nowGot elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!