October 27, 2023
Local Law 18 is having the desired effect — shutting down illegal sublets.
Written by Lewis Montana, Partner, Levine Montana on October 26, 2023
A new state law requires landlords, including co-op boards, to provide tenants with comprehensive information about their building's flood risk by fully disclosing the property’s flood history.
Written by Emily Myers on October 25, 2023
Co-ops struggling to pay for critical building-wide upgrades may now be able to access new tax breaks for major renovations.
October 24, 2023
Cherished tax breaks are brought back to help defray the cost of building repairs.
October 23, 2023
Soaring costs reignite fears that middle class will be priced out of the city.
October 20, 2023
Co-op and condo apartment combinations have cost the city 100,000 units of housing.
Written by Leni Morrison Cummins, Partner at Cozen O'Connor on October 19, 2023
Disputes about alterations and repairs usually boil down to who is responsible for the costs.
Written by Slava Hazin, partner, Warshaw Burstein on October 12, 2023
When a co-op & condo board initiates a lawsuit or is sued, the issue of who is going to pay the legal fees is always asked.
October 17, 2023
New rule is the latest mandate in the war against the city's rats.
October 13, 2023
Financial pressures are forcing co-op boards to adapt from their old role as gatekeepers.