For many unit owners, there comes a moment when they realize their space needs have changed. For whatever reason, the “perfect” space they chose and invested in years ago no longer works. Maybe their family has grown, and the apartment is s…
Watch On Demand In 8 to 10 years, many co-op mortgages that locked in historically low interest rates prior to 2022 will come due - and given current trends, shareholders looking to refinance at that time will very likely face substantiall…
Q. For the past three years, my co-op has not obtained a quorum at the annual meeting. In 2020, during the pandemic, the board decided to go virtual by using Zoom. However, at each annual meeting, the co-op did not reach a quorum, and as …
Shared residential communities such as co-ops, condos, and HOAs are modern examples of classic Athenian democracy: citizens governing themselves through active participation in governance. The key to that governance is the regularity of ele…
All over the news, from coast to coast, reports of fires and explosions caused by lithium-ion batteries describe blazes that are out of control, difficult to extinguish, and excessively smokey. Tragically, many have resulted in fatalities a…
The acceleration of global warming and the accompanying climate crisis is affecting shared-interest residential communities all over the United States and around the world. This past September was the wettest ever recorded in the eastern Un…
Local Law 97 (LL97) has set increasingly stringent emissions caps for buildings across NYC, requiring larger buildings to reduce energy consumption and lower carbon emissions. This expert panel will explain how NYC Accelerator's free progra…
How does a board decide whether a new occupant is a roommate, an illegal subtenant, a dog-sitter, or just a long-term guest? When boards receive complaints from residents about 'strangers' wandering the halls, how do they find out what’s go…
Few people really enjoy co-op or condo board meetings - they often drag on for hours, get bogged down in back-and-forth debates, and meander off track. But it doesn't have to be that way! Board meetings are where the vital business of your …
As more and more multifamily communities look to reduce emissions, save money, and provide reliable energy to their residents, solar power has become a hot topic - but many boards and residents still have questions about funding, installati…