How do NYC co-ops and condos operate? Governed by an elected board of directors, these housing corporations are like mini-cities with their own bylaws and governing documents. Here you'll find articles on a wide range of topics that co-op and condo board directors need to understand to govern their housing corporation wisely.
Mitchell-Lama Co-op Advocate DIsputes Value of Conversion Path
Written by Adele Niederman on January 26, 2024
Adele Niederman has a rebuttal for privatization plan at Cadman Towers in Brooklyn.
Co-op and Condo Insurance Forecast: Budget 20% More for 2024
Written by Ed Mackoul on January 16, 2024
Co-op and condo boards will face higher insurance premiums as the "hard" market persists.
Martin Luther King Jr. Day
January 15, 2024
The Habitat Group joins in celebrating the life and legacy of a civil-rights icon.
Happy New Year!!!
January 01, 2024
The Habitat Group wishes you a safe, happy and prosperous 2024.
In Store for 2024: Higher Monthly Fees, Lower Interest Rates
December 29, 2023
Co-op and condo monthly charges will rise, but lower interest rates could boost sales.
Happy Holidays From Habitat!!!
December 25, 2023
The Habitat Group wishes New York's co-op and condo community a safe and happy holiday.
Co-ops and HOAs Are Democracies. They Run on Laws.
December 04, 2023
Can the board mandate home inspections? The answer is in the governing documents.
Co-op and Condo Monthly Charges Rising at Triple the Inflation Rate
October 23, 2023
Soaring costs reignite fears that middle class will be priced out of the city.
The Evolution of Today's Co-op Boards: "They Want Progress"
October 13, 2023
Financial pressures are forcing co-op boards to adapt from their old role as gatekeepers.
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.