New York's Cooperative and Condominium Community

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LEGAL/FINANCIAL


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.

Every Board Needs a Fidelity Bond. Here’s Why

Written by Barbara Strauss on July 06, 2018

New York City

If the property manager steals, an uninsured board can get burned.

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Residents file lawsuit to keep homeless shelter out of the hood.

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Singer has no right to examine co-op’s votes or meeting minutes.

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Opponents vow to sue to block 800-foot luxury condo tower.

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With costs relentlessly rising, most boards try to keep increases small.

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Nine Queens co-ops finally own the land they sit on.

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Affordable Citylights co-op caught in a double bind.

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Developer’s offer of $54 million rejected by shareholders.

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A Glaring Omission From Property Tax Commission

Written by Bob Friedrich on June 14, 2018

Bayside, Queens

Co-op and condo activist wants to have a seat at the table.

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$400 tax rebate fails to make it into city’s new budget.

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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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