HABITAT
Tax break would help buildings reduce carbon emissions and comply with Local Law 97.
Failure to provide accommodations can result in legal action and financial penalties.
Happy Memorial Day!!!
May 27, 2024
The Habitat Group wishes our readers a safe and happy Memorial Day 2024.
Bills require load-bearing capacity study, double civil penalties, and more frequent inspections.
An appeals court has reversed the dismissal of one of the suit's four claims.
License Agreement Essential for Facade Repairs and Building Renovations
Written by Gerard S. Strain, Partner, Goetz Fitzpatrick on May 09, 2024
Access to neighboring buildings for facade repairs and other renovations requires a license agreement, which includes architectural and engineering plans, a noise mitigation plan, and a license fee, with fees being reasonable and proportional to the complexity of the project.
Board Members Shielded by Business Judgment Rule in Co-Op and Condo Legal Disputes
Written by Eric Goidel, Senior Partner, Borah, Goldstein Altschuler Nahins & Goidel on May 02, 2024
The business judgment rule protects board members from legal challenges, except in cases of bad faith, self-dealing, criminality or other wrongful conduct, and D&O insurance is available to provide coverage for board members.
On-time payment of monthly charges earns redeemable reward points.
Sales declined, but prices jumped by 18.4% in the first quarter of 2024.
Funding ploy could leave the city more vulnerable to critical breakdowns during hurricane season.
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