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.

Arrears in Co-op and Condo Communities

Written by Mark Axinn, Partner, Phillips Nizer on December 28, 2023

New York City

Dealing with arrears is a common concern for co-op and condo boards.

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Dealing with Marijuana Complaints in NYC Co-ops and Condos

Written by Ingrid Manevitz, Partner, Seyfarth Shaw on December 21, 2023

New York City

Marijuana smoke in New York City is presenting challenges for co-op and condo buildings.

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In a reversal, Fannie Mae and Freddie Mac move to make lending more transparent.

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Brooklyn's Cadman Towers co-op uses "Article 2 to 11" to preserve affordability. 

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Avoiding Discrimination Claims in the Co-op Approval Process

Written by Daniel Finger, Partner, Finger & Finger on December 14, 2023

New York City

Boards need to be prepared for claims of discrimination at any point when rejecting purchasers.

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Challenges Associated with Mixed-Use Condominiums

Written by Howard Schechter, Partner, Armstrong Teasdale on December 07, 2023

New York City

A nuanced understanding of mixed-use condos and their legal frameworks is important in order to deal with the challenges that can arise in hybrid buildings. 

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Gov. Kathy Hochul has until Dec. 31 to decide the fate of a major real estate law.

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Navigating Co-op Trust Transfers

Written by Mindy Stern on November 23, 2023

New York City

Transferring a co-op apartment to a trust is a complex process.

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Commercial tenant's failure to pay common charges leads to a lawsuit.

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Access Agreements: Fees, Fairness and Changes Ahead

Written by Julie Schechter, Partner, Armstrong Teasdale on November 16, 2023

New York City

Section 881 of the Real Property Actions and Proceedings Law allows access to a neighbor’s property under what’s called a license or access agreement. 

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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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