Written by Jennifer V. Hughes on April 01, 2014
A trio of New York City statutes instituted last year are designed to make it easier for co-op and condo boards and other building owners and managers to address the extreme-weather effects of climate change, as well as better prepare for emergencies generally. We've written about Local Law 110/2013, which requires, among other things, drinking-water stations that draw separate from the main water line; and Local Law 111/2013, which addresses the complicated rules that govern backup-power generators.
The third leg of this triangle is Local Law 109/2013, which helps make it easier for buildings to install flood barriers.
December 23, 2013
Recent news affecting co-op / condo buyers, sellers, boards and residents. Not a good week, this week. A failed gas line at Seward Park affected 400 apartments. A visitor leapt to her death from a Yorkville condominium, traumatizing residents. And even at an expensive Upper East Side condo, a penthouse-dweller is stuck in an elevator for over an hour without help arriving.
Thinking of buying a co-op or condo? Already bought, and not sure how co-op/condo life and rules work? Learn all about purchasing a place and living in your new community. It's not like renting, and its not like owning a house. What's it like?