Effective July 1, 2026, owners of “pied-à-terre”  co-op or condo units and/or one- to three-family houses located in New York City (referred to here as a “covered property”) are subject to an add-on property tax surcharge (aka the PAT tax) …

No board can prevent every accident, lawsuit, water or property damage event. However, there are practical steps that boards and managers can take to put themselves in the best possible position before such a claim occurs. The goal isn't pe…

Cities are known for being home to diverse populations that thrive in fast-paced, crowded environments—and not all of those populations are human. The same dense landscape that attracts people also attracts bold, resourceful, and highly ada…

Understanding monthly maintenance bills can be a pain. What reads like a single amount usually breaks down into many unseen parts, like insurance, contract obligations, and reserves for capital repairs.  CooperatorNews spoke with Chuck Gra…

In Albany, a recently introduced bill could reshape key aspects of co-op governance. Assembly Bill A10283, dubbed the ‘Increase Transparency in Cooperative Housing Corporations’ bill, proposes broad changes aimed at expanding shareholder ov…

Two major legislative proposals currently active in the New York State Legislature are causing some debate between housing advocates, buyers, and co-op/condo organizations thanks to their potential impact on buildings’ operational freedom a…

The National Housing Conference (NHC) will host its annual Solutions for Affordable Housing conven tion on Tuesday,  December 8 at the National Press Club in Washington, D.C.. According to the NHC's annoucement of the conference, " Thi…

The Atlantic hurricane season runs from June through November, with storm activity intensifying in late summer, peaking around mid-September. And while the National Oceanic and Atmospheric Administration (NOAA) has predicted a calmer-than-u…

Enacted in January of this year, Local Law 58 marks a significant change in the way co-op transfer applications must be handled in New York City. Prior to the enactment, the approval process was largely dictated by each individual co-ops’ g…

The deadly collapse of Champlain Towers in Surfside, Florida on June 24, 2021, represents a watershed moment for shared-interest communities in Florida and nationwide. It exposed a fatal fault in the administration of condominium communitie…