NEW YORK CITY

Co-op board, accountant and managing agent let finances slide for years.

Co-op and condo buildings get a flunking grade thanks to a reporting error.

Sales of luxury apartments are especially hard hit as market cools off.

Tool avoids lump-sum payment, levels out spending into “a smooth line.”

Incentives are now “very high,” buoyed by the Inflation Reduction Act

Head of Co-op & Condo Council worries that boards have their heads in the sand.

Boards can force an apartment sale if a shareholder allows an unapproved sublet.

Co-op and condo boards can get an education before the public hearing.

Co-op and condo boards need to revisit and revise their alteration agreements.

The city has gotten stricter about repairing these architectural details.