NEW YORK CITY

Battle rages over controversial compliance tool for Local Law 97.

Daily review of checks and electronic transfers can short-circuit theft.

Co-op and condo boards need to be aware of changes under Local Law 144.

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.