HABITAT
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.
The Perils of the Moonlighting Super
Written by Karen J. Bannan on November 08, 2018
Co-op and condo boards are reining in extra work by building staffs.
The Co-op Sublet That Went Terribly Wrong
November 07, 2018
Unpaid rent bill of $160,000 leads owners to file lawsuit.
When Should You Take the Refi Plunge?
Written by Lisa Prevost on November 02, 2018
Co-op boards agonize over the timing of mortgage refinancing.
When Construction Is Faulty, There’s Power in Numbers
November 02, 2018
New condo unit-owners need to band together to address defects.
"Bridge" Loan Helps Co-op Cross Perilous Chasm
Written by Frank Lovece on October 29, 2018
Retaining wall collapse onto railroad tracks nearly derails co-op.
High Stakes and High Emotions over Commercial Rent Control
October 26, 2018
City council hearing over commercial rent-control bill sparks heated debate.
No Second Chance for Seward Park Co-op on Air Rights
October 24, 2018
Developer's $54 million proved to be a one-time offer.
Here’s Your Chance to Speak Out on Property Tax Reform
October 23, 2018
Commission holds its seventh public hearing today in Tribeca.
Unhappy Shareholders Cannot Sue Boards Willy-Nilly
Written by Dale J. Degenshein on October 19, 2018
The Business Judgment Rule is thick armor for boards.
A Line of Credit Is for a Rainy Day
Written by Bill Morris on October 16, 2018
Boards that dip into this emergency fund need to have a plan for repaying it.
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Habitat Week by Week
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
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