You know what they say about The Benjamins: it truly is all about them. When attempting to purchase shares in a co-op or outright buy a condo, a potential buyer's finances are likely to be scrutinized fairly intently. So like a teen spr…
With the glut of new condo construction over the last few years, it can be hard for older buildings to keep up with the newer construction. This is especially true when a lot of these new buildings have amenities that the older buildings co…
Q. For many years, I’ve had a long-standing leak in my bathroom through no fault of my own. The shareholders above me it seems are contributing to the water problem. The couple’s son, I believe, loves to run a bath for as long as two hour…
According to the Washington, DC-based online database, the Gun Violence Archive, a mass shooting is an incident in which four or more individuals are wounded or killed. In 2015 alone, the U.S. faced 372 such incidents, leaving 475 people de…
Not every condominium or homeowners’ association is going to run afoul of the law—the happy truth is that litigation and legal trouble are relatively rare occurrences. However, even the most upstanding board in New York City must navigate a…
Though many—in fact, most—co-op buildings flatly forbid shareholders from subletting their apartments to rental tenants, many co-op (and many more condo) buildings have populations of subtenants residing in them. Sometimes an apartment owne…
It is said that the only two things that you can truly count on are death and taxes but if you own a co-op or condo and haven’t adequately prepared for your own eventual demise, you can also count on your passing causing even more grief for…
No one likes a lawsuit. Whether filing one or finding yourself on the receiving end of one, they can cause stress, anxiety and an upending of daily life. They can be expensive, take months—even years—to resolve, and often result in hurt fee…
Whether you serve on the board of a co-op, condo or HOA, chances are you and your fellow community administrators are volunteers. Perhaps you're fortunate enough that you or one of your colleagues has professional legal expertise to bring t…
So, you’ve decided to buy an apartment in the tri-state area. Congratulations—that’s the easy part. Now you must choose whether to buy into a cooperative or a condominium. That’s harder. Significant differences exist between the two model…