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.
Who's Responsible for My Repairs?
Written by Leni Morrison Cummins, Partner at Cozen O'Connor on October 19, 2023
Disputes about alterations and repairs usually boil down to who is responsible for the costs.
Recovering Legal Fees: Who Pays when a Lawsuit Arises?
Written by Slava Hazin, partner, Warshaw Burstein on October 12, 2023
When a co-op & condo board initiates a lawsuit or is sued, the issue of who is going to pay the legal fees is always asked.
The Property Management Contract
Written by Avram Turkel, Partner, Ballon Stoll on October 05, 2023
Retaining a new management company is not unlike getting married, but instead of romance, there's a management contract.
Co-op Board Hit With $3.5 Million Lawsuit Over Brown Water
September 19, 2023
Billionaire shareholder claims
Comptroller Report Says Pandemic Worsened Property Tax Disparities
September 08, 2023
Working- and middle-class co-ops and condos hit hardest.
Citywide Crackdown on Illegal Short-Term Rentals Begins Today
September 05, 2023
Under Local Law 18, thousands of apartment are off-limits to short-term rentals.
Retailer Sues Condo Board for $10 Million Over Lost Rent
August 30, 2023
Failure to approve a new ventilation system lands a cond-op board in court.
Pre-School Sues Condo Board Over Sidewalk Shed
Written by Bill Morris on August 29, 2023
Pricey school says shed on playground has cost enrollment and revenue.
3 Tips for Weathering Today’s Hard Insurance Market
Written by Paula Chin on August 24, 2023
Co-op and condo boards can take steps to control rising insurance costs.
It’s Hurricane Season. Do You Know the New Rules on Flood Insurance?
Written by Bill Morris on August 17, 2023
Co-ops and condos must give notice of flood history and current risk.
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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.
Ask the Experts
learn moreLearn 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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