The rules are almost always different for co-ops, and that is most certainly true for occupancy issues. One of the initial reasons for the co-op ownership structure, both on the part of the those already living there and those buying in, w…
In New York City, having outdoor space is an amenity not enjoyed by many. Sure, some apartments may have tiny balconies. Some co-ops may share a front or inner courtyard. Condo developments -- especially new ones -- can boast shared roof de…
Q. I am a relatively new board member at-large to our HOA board in a small community with 44 homes. I recently learned that our previous treasurer was also receiving a “management” fee of nearly $4,000 a year for several years. I have fur…
As more and more co-ops and condominium communities seek to attract residents, boards and managers have turned to attractive new programming opportunities for individuals and families. Whether it’s a rooftop Fourth of July party, a gardenin…
Once again, the Cooperator Expo, the largest and most expansive trade event of its kind in the New York metropolitan area, drew over 300 exhibitors and more than 4,000 attendees to the New York Hilton on Wednesday, April 26th. Spanning thre…
Depending on our profession and habits, we may interact with dozens of people on any given day. And amidst all of these interactions, we inevitably experience annoyances: being squashed among fellow commuters on the train; scoffing at the d…
Whether as a member of a cooperative or a condominium association, a shareholder or unit owner maintains certain rights within their chosen community. However, achieving harmony among neighbors isn’t always easy. Rights aside, residents are…
It’s no secret that insurance is a necessity for any building or association. Nevertheless, the expense of coverage means that issues of liability and risk are all too often examined only after problems have occurred. Usually, insurance hol…
When it comes to legislation and legal issues that apply to condo associations, co-ops, and other multifamily housing models, the focus is often local: city ordinances, council meetings, and so forth – but there are judgments handed down an…
Sometimes, filing a claim with your insurer is exactly the right thing to do...and sometimes it's not. Industry pros explain which claims should be filed, which ones might not be such a good idea, and how to know the difference.