The New York City Fire Department (FDNY) recently passed new rules affecting many multi-family dwellings in the city. As reported in Habitat last month, duplexes and triplexes were required to install reflective signage on apartme…
Third in an ongoing series on housing discrimination. Read parts one and two . In this series, The Cooperato r has examined discrimination laws in relation to multifamily buildings. Among the issues we’ve covered included people…
Q. The current parking situation is less than ideal and does not reflect the image that was generally presented to prospective buyers by the sponsor’s realtors. While the condominium offering plan makes clear that each owner would not be…
With so many people leading busy, sometimes hectic, lives that revolve around work, kids, social functions, and other obligations, it’s often very difficult for co-op/condo/HOA administrators to find residents willing and able to serve thei…
Successful association or cooperative living requires harmony between all parties involved, from management to staff to board to residents. Should one of these groups put their own self-interests above the common good, the wheels can come o…
Insurance liability is a very important issue for a condo or HOA association or a condo board. Most have built up a good relationship with their insurance agents or brokers, and many are content to leave the details to the pros. However, …
Whether a small service contract for something like snow removal, or a larger initiative like replacing all the windows in a building or HOA, boards and property managers have to exercise extreme due diligence before signing on the dotted l…
For many people, insurance seems like its own mysterious realm, filled with terminologies that sound formidable and enigmatic. At the same time, people also understand the profound importance of insurance and what it can mean for the safety…
Directors and Officers (more commonly called D&O) insurance protects individual board members from paying out-of-pocket for legal expenses resulting from good-faith decisions they make in the course of carrying out their duties. Here, an in…
The co-op application process is one of rigor and induced anxiety, whereby aspiring shareholders are scrutinized not only for their finances, but their character and demeanor as well. The length of the review varies by association, but it o…