Q. At a regular monthly meeting of a seven-member HOA board where four members present constitute a quorum, can one of the absent members give her proxy to one of the four attending members to vote on specific issues on the board’s agenda…

Q. We are shareholders and residents in a co-op in Westchester. The building provides underground parking for a fee. These cars are handled by a contracted valet parking service, who are careless to say the least. For a small increase in …

Like single-family homes, condominium units tend to be owner-occupied. Financing for these units therefore tends to follow traditional guidelines and requirements centered on owner occupancy. But what happens when a condo unit is held as an…

In movie industry parlance, New York City’s Second Avenue subway line was in ‘development hell’ for almost 100 years—as many Upper East Siders who ride the very crowded Lexington Avenue lines daily know first-hand. Plans for a new line were…

Over the past few months there have been several interesting and insightful court decisions. Here are a few legal cases that provide some helpful lessons for boards and managers alike. 19 Pond, Inc., et al. v. Goldens Bridge Community Asso…

Once upon a time, real estate auctions were solely for troubled properties.  While the conventional stereotype of an auction is that of a vehicle to move distressed properties, the old scenario no longer strictly holds true.  Today, real es…

In recent years, “home-sharing” or “short-term” rental sites have been experiencing increasing popularity as well as political and media attention in many so-called destination cities. At the time of this article, the most popular of these …

The city that never sleeps: That’s New York, and it turns out it’s one of the things that its residents adore most about it. It’s also one of the things they hate. Along with the convenience, access and availability to just about everything…

In any large city, parking is a big deal—it’s often hard to find, and when you do find a spot, it can be very expensive. Parking spaces not only provide urban drivers with freedom and mobility in the crowded cityscape, but they can be a ser…

Tenants and landlords don’t always see eye to eye. Disputes arise because one party isn’t living up to their agreement, and not everything can be solved with a phone call or cordial email. That’s where the Housing Part of the Civil Court of…