New York's Cooperative and Condominium Community

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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.

Co-op and Condo Boards Must Pay Overtime to Live-In Supers

Written by Emanuela Lupu-Ferrante and Jack Malley on October 15, 2019

New York City

U.S. Department of Labor seeks to clarify confusion on staff pay.

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New report blasts lax practices by the Department of Finance.

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Sponsors Must Now Pay Co-op Sublet Fees

Written by Bill Morris on October 03, 2019

Upper West Side, Manhattan

Court ruling suggests holders of unsold shares must now pay sublet fees.

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A Co-op Consolidates – and Protects – Its Reserve Fund

Written by Bendix Anderson on September 26, 2019

Jackson Heights, Queens

Ultra Money Market account allows board to park money in one place, worry free.

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City’s move to curtail access to records riles up building owners.

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Lawyers for Disabled Plaintiffs Targeting Co-ops and Condos

Written by Marianne Schaefer on September 12, 2019

SoHo, Manhattan

Fee-hungry lawyers profiting from Americans with Disabilities Act.

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Deputy Mayor says hopes for an imminent overhaul are “unrealistic.”

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A board took baby steps – and then went for the big fix.

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Keeping maintenance unrealistically low is not the way to go.

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A Shabby Bike Room Is a Lawsuit Waiting to Happen

Written by Marianne Schaefer on September 05, 2019

New York City

A co-op board can't ignore a collapsing ceiling and waterbugs in a common area.

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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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