Q. “A majority of unit owners want our entire corrupt condo board replaced, and five of us are prepared to run and serve on the new board. Problem: The current board refuses to schedule an election, which our management company is respons…
Given all the big expenses condo, co-op, and HOA boards have to keep track of, smaller things, like boxes of cleaning supplies and other everyday maintenance items might seem secondary. But the truth is, neglecting those ‘little’ expenses c…
Efficient condo and co-op boards make a building run smoothly—but the most effective ones don’t work alone; they understand how to work together with other industry professionals, including property managers, attorneys, accountants, and oth…
As noted elsewhere in this edition of CooperatorNews, all types of properties, including co-op, condo, and HOA communities, are experiencing steep increases in their insurance premiums while coverage is being reduced. Some are seeing their …
Over the past few years, nearly all property owners, including shared interest communities, have seen sharp increases in their insurance premiums. That costs have spiraled and coverage gotten harder to obtain is obvious; the questions are, …
Representatives from the Rutgers Center for Adult Autism Services (RCAAS), board members from adult autism advocacy organization Parents With A Plan, public officials, community members, and neurodivergent advocates will gather at 11am …
According to a recent bulletin from the Council of New York Cooperatives and Condominiums (CNYC), all NYC co-ops and condos with more than three residential units are subject to Local Law 31, which requires XRF testing for lead-based paint …
The introduction of New York State Senate Bill S7541 has raised the specter that shared-interest communities, including co-ops and condominiums, may have to release the results of engineering reports, inspections, and permits to residents, …
Construction on The Torch, a massive new hotel development on Manhattan’s West Side, resumed in late June after a one-year pause. The 52‑story, 1,067‑foot tower, developed by Extell and designed by ODA with SLCE Architects, hit major legal …
On July 4th, the “Big Beautiful Bill” was signed into law, making significant changes to the nation’s tax and benefits systems and expanding certain housing and economic development policies. According to a statement from the National Housi…