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.

Residents unhappy with mayor’s plan to allow luxury condo conversion.

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The alteration agreement may not be enough.

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$60 million in tax exemptions went to dead New Yorkers.

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Critics say Airbnb is “swallowing up” affordable housing.

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When Should You Seek a Second Opinion?

Written by Frank Lovece on July 05, 2016

New York City

Boards can save big money by getting a second pair of eyes on big projects.

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This week we have a story about a co-op that bounced a $10 check – never a good sign – and a reminder that a proxy is not a ballot.

When your board bounces a $10 check, you know your co-op is in trouble.

In our second story, we offer a timely reminder: a proxy cannot replace a ballot in your annual board election.

In Week by Week, sponsored by Rudd Realty, we'll tell you about rubber checks and botched elections.

Download it today at the App Store and Google Play.

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Don't Get Stung by Unpaid Union Benefits

Written by Bill Morris on July 01, 2016

New York City

Boards need to make sure their professionals are doing their jobs.

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Co-ops and condos with small commercial tenants need to heed new law.

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As summer settles in, building residents all across the city are dusting off their window-mounted air-conditioners.

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We have a story about a co-op that fought for its survival – but lost – and a story about a rogue board member.

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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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