NYC co-ops and condos face legal and financial challenges that have to be solved. Whether it's a question of how to raise more money, how to deal with angry owners, or the best ways to work with a building's accountant or lawyer, co-op and condo board directors have to make decisions. The collection of articles here will help your co-op or condo board navigate these waters.
Written by Jennine Cullen, Associate Attorney, Taylor, Eldridge & Endres on March 28, 2024
A board of a co-op or condo must first document the situation, seek emergency orders from the courts, and appoint a guardian to help facilitate a hoarding situation.
Written by Ken Jacobs, Partner, Smith Buss & Jacobs on March 21, 2024
Boards are exploring ways to reduce liability and safeguard their communities, including shifting liability from the board to unit owners, requiring unit owners to carry insurance, and conducting proactive maintenance and safety checks.
Written by Carl Finger, Principal, Finger & Finger on March 14, 2024
Emotional support animals are protected under the Fair Housing Act and Americans with Disabilities Act, and boards should establish clear policies outlining the documentation required for ESA requests, while also ensuring prompt responses to requests and leveraging existing bylaws and lease agreements to enforce rules and regulations.
Affordability is the goal for condo unit-owners in Battery Park City.
Written by William McCracken on March 07, 2024
The Corporate Transparency Act, a new federal disclosure law, has been declared unconstitutional by a district court in Alabama, leaving co-ops and condominiums uncertain about its scope and enforceability.
Shareholders claim board is running a "racket" in their posh Museum Mile co-op.
Written by Matthew Goldberg, Partner, Hankin & Mazel on February 29, 2024
When shares change hands, whether due to familial changes, relationship shifts, or other circumstances, a series of legal steps must be followed.
Written by Massimo D'Angelo, Partner, Blank Rome on February 22, 2024
A Yellowstone injunctionis the most potent weapon in a tenant's arsenal when faced with landlord-tenant summary eviction proceedings.
Written by Dean Roberts, Member, Norris McLaughlin on February 15, 2024
Finding a Mitchell-Lama apartment is very competitive and requires a good degree of patience.
Written by Dean Roberts, Member, Norris McLaughlin on February 15, 2024
Mitchell-Lama apartments present an affordable housing option for New York City residents.