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.
A Housing Cooperative Is a Mini-Democracy
Written by Victor M. Metsch on August 16, 2018
Suit over disputed annual election underscores that the majority still rules.
Two Weeks Left to Adopt a Smoking Policy
August 14, 2018
Co-op and condo boards have until August 28 to comply with new law.
With D&O Insurance, Do It Once and Do It Right
Written by Eric Eggert on August 10, 2018
Boards need a stand-alone Directors & Officers insurance policy.
Why Co-ops Almost Never Become Condos
Written by Stuart Saft on August 09, 2018
The tax on “phantom gain” punishes owners when apartment values rise.
Is the Co-op/Condo Abatement Under Attack?
Written by Kathryn Farrell on August 08, 2018
With property taxes on the rise, the co-op/condo tax abatement is more important than ever.
The Importance of Being Treasurer
Written by Carl Cesarano on August 07, 2018
The treasurer is the key player on every co-op and condo board.
A Certificate of Liability Insurance is NOT Insurance
Written by Jason Schiciano on August 03, 2018
A common mistake opens boards to liability under the Scaffold Law.
The Other Two Landmark Cases Every Board Needs to Know
Written by Stuart Saft on August 02, 2018
Wise co-op and condo boards know where the legal lines are drawn.
Scaffold Law Bumped This Project’s Insurance Tab by 557 Percent
August 02, 2018
East Side Access megaproject sees insurance costs balloon.
Fight Fraud With Board Oversight and Strict Internal Controls
Written by Allen Friedman on July 31, 2018
Boards can’t afford to let the annual audit do all the work.
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