New York's Cooperative and Condominium Community

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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.

Do Co-op and Condo Boards Have to Reveal Their Plans?

Written by Dale J. Degenshein on March 22, 2019

Midtown East, Manhattan

Courts rule board can approve roof deck, then order its removal.

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Governor Cuomo isn’t counting on legal marijuana revenue this year.

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Petition drive seeks to kill zoning change favored by developers.

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Discrimination Against Black Hairstyles Is Now Illegal

Written by Andrew I. Bart on March 19, 2019

New York City

Co-op and condo boards face stiff fines and unlimited damages.

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Group favors citywide tax equity over a pied-a-terre tax.

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A New Way to Pay For Energy-Efficient Improvements

Written by Frank Lovece on March 08, 2019

New York City

PACE loans are repaid through energy savings.

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Boards need to watch their step to avoid getting blacklisted by lenders.

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Ken Griffin’s $238 million condo valued at just $9.4 million.

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New York and New Jersey taxpayers “hammered” by new deduction cap.

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When a Foreclosure Sale Fizzles, Expect Fireworks

Written by Dale J. Degenshein on February 25, 2019

Gramercy Park, Manhattan

Boards need to know the rights of shareholders, lenders, and purchasers.

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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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