New York's Cooperative and Condominium Community

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.

Co-ops and condos retain tool for funding capital projects.

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Check for Hidden Exclusions on Insurance Policies

Written by Paul Orlandoni on July 19, 2019

New York City

The Scaffold Law makes potential losses severe, so scrutinize insurance policies.

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Don’t Block My View of Central Park!

Written by Victor M. Metsch on July 18, 2019

Midtown, Manhattan

Essex House legal battle seeks to put a price tag on a condo’s priceless amenity.

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Co-op and condo boards need to avoid discriminating when hiring.

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How to Keep a Condo Association Tax-Free

Written by Michael Esposito on July 12, 2019

New York City

Budget surpluses can be taxed, so condo boards should avoid them.

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Co-op and Condo Tax Abatements Could Be Tied to Staff Pay

Written by Bendix Anderson on July 11, 2019

New York City

Bill before governor could sting buildings with non-union workers.

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Boards can reject heirs who are deemed financially unfit.

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Cuomo extends Loft Law, a boon to artists and a bane to landlords.

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Common charges must be reviewed – and balanced – regularly.

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Boards are at risk if an uninsured worker or a volunteer is injured.

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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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