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.
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.
Habitat Publisher Carol J. Ott Featured in Radio Interview
October 03, 2023
Magazine's founder discusses Climate Mobilization Act and other co-op and condo issues.
Time to Give Your Governing Documents a Tune-up?
Written by Robert Braverman on September 28, 2023
Here’s a check list to keep co-op and condo documents up to date.
Castle Village Is a Snapshot of the Pressures on City Co-ops and Condos
September 25, 2023
Rising costs are putting the squeeze on co-op and condo residents across the city.
Changing Succession Rights Is a Tricky Puzzle for Co-op Boards
Written by Ingrid Manevitz, Jeremy Cohen and Dennis Greenstein on September 21, 2023
Opening the door lessens control over shareholders' financial health and personal character.
Co-op Board Follows Its Gut in Hunt for a New Property Manager
Written by Bill Morris on September 14, 2023
The relationship is like a marriage. Choose wisely.
Happy Labor Day!!!
September 04, 2023
The Habitat Group wishes a happy end of summer to the co-op and condo community.
Three Steps to Force a Co-op Board to Fix a Chronic Roof Leak
August 15, 2023
Boards have a fiduciary duty to take care of the building.
The proprietary lease and city law will determine who's on the hook for repairs.