New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide



Developer’s offer of $54 million rejected by shareholders.

Board supports $54 million offer, but shareholders are split.

Masaryk Towers co-op will stay in the Mitchell-Lama program.

Rising incentives plus falling costs equal a doable renewable-energy project.

City tries to make amends for allowing AIDS hospice to become luxury condos.

Luxury condo towers unwelcome in low-rise, affordable neighborhood.

Sale of air rights will be put to vote at historically contentious co-op.

Board Changes Its Mind – and Winds Up in Court

Written by Richard Siegler and Dale J. Degenshein on September 12, 2017

Lower East Side, Manhattan

Follow governing documents when considering alterations.

Don’t Rubber Stamp an Engineer’s Report

Written by Jackeline Monzon on August 29, 2017

Lower East Side, Manhattan

Boards can avoid unnecessary expenses on Local Law 11 repairs.

Citing the Business Judgment Rule, court tosses suit by disgruntled shareholders.

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