Homeownership stands as a cornerstone of the American dream, providing individuals and families with the opportunity to accumulate wealth and maintain relatively consistent housing costs over time. The financial stability derived from homeo…
On March 2, the US Treasury Department announced via press release that not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing Corporate Transparency Act (C…
In today's hectic, over-scheduled world, it is often a big challenge to get residents to take an interest in the governance and administration of the co-op & condos they call home. However, involved and engaged owners and shareholders are k…
The 2019 Housing Stability Act caused major delays in collecting co-op arrears, and the COVID pandemic quintupled the problem. With the courts still backlogged and every shareholder entitled to an attorney to represent their interests in th…
When it comes to legislation aimed at improving energy efficiency and reducing carbon and other emissions from multifamily residential buildings, NYC is at the forefront. That’s a good thing—but navigating the city’s complex array of Local …
Interpersonal conflicts are inevitable in any Co-op, Condo, or HOA—whether between residents, residents and the board, or residents and management. While it may be tempting to stay out of these disputes, avoiding them can lead to escalating…
More and more multifamily buildings and HOAs are incorporating solar power into their operations to save money, reduce emissions, and be more resilient, but many still have questions about how to pay for and install solar technology in thei…
Unless you’re a lending expert, the process of securing funding for major projects or refinancing an underlying mortgage for a multifamily community can be daunting. There’s a lot to know, and the stakes are high. This information-rich pres…
With NYC’s waste collection rules now requiring organic food waste to be composted rather than tossed into the bin with other trash, many residents have questions—not least of which is, ‘What’s the point of keeping a bin of stinky decaying …
In a shared-interest community, neighborly noise is an ever-present issue. Of course, one would hope that as neighbors, an effort would be made to keep noise to a minimum, and when asked to ‘tone it down,’ one would do just that. But that’…