HABITAT
This ever-evolving law has evolved yet again — and not for the last time.
DOB Launches Compliance Portal for Local Law 97
March 04, 2025
The DOB will also hold a series of webinars to help boards comply with Local Law 97.
Corporate Transparency Act Is Back, With March 21 Filing Deadline
February 24, 2025
Whipsawing court decisions seem to have come to an end with law's revival.
Co-ops and Condos Get a Much Needed Guide to LL97 Compliance
Written by Emily Myers on August 14, 2024
The Department of Buildings has released a new guide for large residential buildings to clarify how to calculate and report carbon emissions in order to comply with Local Law 97, and to explain how properties can challenge their Article 320 designation and request extensions for carbon emission reporting.
Co-op and Condo Boards Call to End “Crushing” Late Filing Fees for Local Law 97 Reports
Written by Emily Myers on February 12, 2025
A coalition of over 300,000 co-op and condo owners have requested that late filing fees for Local Law 97 reports be waived through the end of the year and scaled back due to the high rate at which the fines are calculated and the lack of a reporting portal.
J-51 Replacement Offers Help to Co-ops and Condos Needing Upgrades, But Many Miss Out
Written by Emily Myers on December 11, 2024
City Council passes new legislation allowing co-ops and condos to apply for tax breaks for major building renovations.
Trump's Orders Upend Co-ops' and Condos' Green Transition
January 31, 2025
President resists an electric grid powered by renewable energy instead of fossil fuels.
How Co-op and Condo Boards Can Take the Sting Out of Assessments
Written by Paula Chin on February 17, 2025
Boards must take into account shareholders' and unit-owners' ability to pay.
Corporate Transparency Act Is Back on Hold
January 28, 2025
The on-again, off-again law is beginning to resemble an elaborate pinball game.
How Management Companies Are Tackling the Regulatory Onslaught
Written by Paula Chin on February 11, 2025
Management companies use an array of strategies — and software — to comply with city laws.
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