New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

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KINGSBRIDGE

Courts affirm a co-op board's immense power under the Business Judgment Rule.

A New York City court has ruled that existing State law forbidding private landlords from prohibiting day-care centers also applies to residential co-ops. The Housing Court decision, in a case involving a Bronx cooperative, invalidates a provision of that co-op's proprietary lease that says apartments can be used only as residences.

Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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