The constantly-changing legal landscape at the local and state level can be challenging for even the most proactive, well-informed board-management team - one missed deadline or inspection can lead to costly fines and other headaches. This …
As the lending landscape remains challenging for individuals, associations, and co-ops alike, things like funding major projects or refinancing an underlying mortgage can be even trickier than usual. This presentation will map out the curre…
According to a recent item published by the National Housing Conference (NHC), the Executive Council for Housing Affordability (ECHA) at the J. Ronald Terwilliger Center for Housing Policy sent a letter to Congressional leaders on Novem…
Many co-ops have yet to upgrade to modern self-operating building controls, and as a result those buildings are struggling with increasing energy prices, are at risk for Local Law 97 fines, and most importantly, are putting their shareholde…
Whether you’ve tried to buy an apartment or sell one, the past year has been a difficult one. Expectations on both sides have yet to fall in line with the realities of the market - and interest rates haven’t helped the situation. On top of …
The First Amendment of the US Constitution guarantees the right to free speech and expression - but how does that right apply to the residents of multifamily co-op or condo buildings? Does it apply at all? Can you - or the guy down the hall…
Q. Can an HOA unit owner demand to see a copy of the monthly list of unit owners’ payments? —Seeking Access A. “Yes,” says attorney Aaron Shmulewitz of the New York City firm of Belkin Burden Gol…
Q. I am a former board member who held the office of secretary. I have a question pertaining to a stock certificate. I signed a stock certificate regarding a shareholder (who died in 2018) that was approved by the previous board and issue…
Q. I live in a three-flat condo. Before I purchased the second floor, the owner of the third floor opened up the wall to the porch, enclosed the porch, and claimed it as living space. It has since been cited by the city and must come down…
Whether you’re a manager or a board member, running a co-op, condo, or HOA has never been an easy job. There’s always a capital project to fund, a contractor to hire, a dispute to resolve, a leak to repair … the list can feel endless. Tha…