New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

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NEW YORK CITY

Access Agreements: Fees, Fairness and Changes Ahead

Written by Julie Schechter, Partner, Armstrong Teasdale on November 16, 2023

New York City

Section 881 of the Real Property Actions and Proceedings Law allows access to a neighbor’s property under what’s called a license or access agreement. 

Efforts to wean New York's electric grid from fossil fuels just got a major boost.

Interest rates dip, cash buys rise and inventory remains scarce. Yikes.

Co-op and condo boards trying to shed fossil fuels are in for a challenge.

Banning Short-Term Rentals: A Guide to Local Law 18

Written by Scott Smiler, Partner, Gallet Dreyer & Berkey on November 09, 2023

New York City

Short-term rental platforms are a thorn in co-op and condo buildings' sides. With the recent passage of Local Law 18, boards are getting some welcome relief.

High interest rates led many sellers to take their home off the market.

$12 million in NYSERDA grants to help buildings install heat-recovery retrofits.

How to Handle New Construction Defects

Written by Steven Sladkus, Partner, Schwartz Sladkus Reich Greenberg Atlas on November 02, 2023

New York City

Defect claims occur in about 90% of new construction condos in New York City, and approximately 30% to 40% of these end up in litigation.

Queens Co-ops' Lawsuit to Block Local Law 97 Is Dismissed

Written by Bill Morris on November 03, 2023

New York City

State Supreme Court tosses lawsuit claiming climate law is unconstitutional.

New rule adds teeth to Local Law 126 in the wake of a fatal garage collapse.

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