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-op and condo boards need to avoid discriminating when hiring.
Written by Bendix Anderson on July 11, 2019
Bill before governor could sting buildings with non-union workers.
July 10, 2019
Boards can reject heirs who are deemed financially unfit.
July 05, 2019
Common charges must be reviewed – and balanced – regularly.
July 02, 2019
Boards are at risk if an uninsured worker or a volunteer is injured.
Thinking of buying a co-op or condo? Already bought, and not sure how co-op/condo life and rules work? Learn all about purchasing a place and living in your new community. It's not like renting, and its not like owning a house. What's it like?