This past June, the New York State Legislature and Governor enacted into law a sweeping overhaul of landlord-tenant relations throughout the State; just a few days later, these same powers enacted amendments to those amendments. While relat…

Q. I live in a Queens County cooperative complex with 250 units. I have lived here for more than 30 years, and have paid many assessments, always using the 'pro rata percentage' to calculate the assessment. The board has now determined th…

Q. I distribute copies of letters to our board president and all board members under their apartment doors in order to ensure that they all get one – and I don’t trust the chairwoman to distribute them. The board secretary does not wish t…

The unit owners in your condominium have been noticed for deposition in the pending transition litigation. Now they have come to you, the property management team, with questions. What should they expect at the deposition? What kinds of que…

On Tuesday, October 29th, thousands of board members, managers, apartment building owners and co-op, condo, residents will gather at the Jacob K. Javits Center at 655 West 34th Street in Manhattan from 10:00 a.m. to 4:30 p.m. for another ex…

With the stock market chugging along and the Great Recession of the late 'aughts in the rearview, the question might occur to some financially-savvy board members: Are our building's cash reserve assets performing at their best? Could they …

To describe the life of a property manager as 'busy' is an understatement. From visiting client communities to answering endless board member and resident queries, to fielding bids from contractors—the property manager's work is never compl…

The New York City Department of Finance (DOF) is the city's revenue service, taxing authority and recorder of deeds. It collects more than $39 billion (yes, with a 'b') per year in revenue, and values more than 1 million properties collecti…

It is essential that a community association keep careful records of its financials, rules, and meeting minutes, just to name a few of the kinds of records boards and managers must stay on top of. Not solely because the law often requires i…

While children are most certainly the future, in the present they can often be a bit of a handful. In buildings and associations where residents live in close quarters, it’s inevitable that unit owners without kids will cross paths with the…