Boards have until July 31 to schedule free inspections of facades, boilers and more.
Distorted rates are not always tied to home values or levels of risk.
Rule takes effect Nov. 12, and new "NYC Bins" will cost $50.
July 08, 2024
The overwhelmed DOB is teaming up with the Partnership for New York City.
Buyers are growing tired of paying high rents while rating for interest rates to drop.
Denying access based on religious observance may be considered discrimination.
Cash-only policies narrow potential buyer market and drive down prices.
Written by Michael Savino, Partner, Braverman Greenspun on June 06, 2024
Co-op and condo boards must consult the governing documents before approving repair projects, as failure to do so could result in a lawsuit for breach of fiduciary duty.
Written by Seth M. Sahr, Partner, Novitt, Sahr & Snow on May 23, 2024
Co-op shareholders must understand how shares are titled on the stock certificate, as different forms of ownership carry distinct implications regarding survivorship rights, and estate planning can streamline the share transfer process.
Written by Carolyn Rualo, Partner, Adam Leitman Bailey, P.C. on May 16, 2024
Co-op boards must strategically approach maintenance arrears by familiarizing themselves with the proprietary lease terms, collaborating with legal counsel, and taking timely actions to uphold the financial integrity of the co-op.