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.
Costs of Prosecuting Claims Against Sponsor Can Skyrocket
Written by Victor M. Metsch on September 06, 2018
Assessment and common charge increase to cover legal costs can be challenged.
Kushner Companies Owe $500,000 in Unpaid Fines
September 06, 2018
Scofflaws owe the city $1.5 billion for building and sanitation violations.
Here's a New One: a Monthly Fee During Renovation Work
September 05, 2018
Co-op board charges $1,000 a month until work is complete.
An Effective – and Cost-Effective – Way for Co-ops to Collect Arrears
Written by Bill Morris on August 30, 2018
Using a landlord-tenant lawyer can cut costs, improve results.
Lawsuit Seeks to Block “Monstrous” Sutton Place Condo Tower
August 30, 2018
Neighborhood alliance takes last stand against 800-foot behemoth.
“Sham” Co-op on Upper East Side Slapped With $190,000 Fine
August 29, 2018
Attorney General will funnel money to low-income housing.
Loss Runs Are a Big Driver of Insurance Costs
Written by Michael Spain on August 21, 2018
Boards and property managers need to keep track of their claims history.
A Queens Co-op Cries for Property Tax Reform
Written by Shelley Cohen on August 21, 2018
Affordable Citylights faces a crippling tax bill as assessments soar.
The Very Best of Financial Best Practices
Written by Annette Muray on August 20, 2018
Boards need to keep adequate working capital on hand at all times.
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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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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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