HABITAT

MONTAUK

Wrestling Over What’s Makes a Rule “Reasonable”

Written by Dale J. Degenshein on December 10, 2018

Montauk, Long Island

This pesky little word can complicate the lives of co-op and condo boards.

Which Rule Rules?

Written by Victor M. Metsch on October 18, 2018

Montauk, Suffolk County

Lease’s demand for “reasonable” decisions trumps Business Judgment Rule.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, long faces on Long Island, as a the FBI arrests two men they allege ran a Ponzi scheme at their Montauk resort containing over 100 co-op apartments. Another kind of white-collar criminal may be robbing you when you apply for a mortgage. And is it criminal to pay $80,000 for parking space at a car condominium? Plus, the co-op board of The Cambridge House sued the City to get Citi Bike racks in front of its building removed — and now the City says it's above the law and the courts have to stay out!

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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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