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Organizations A Look at the Attorney General's Office
2008 June A Look at the Attorney General's Office

Most New Yorkers are familiar with New York State Attorney General Andrew Cuomo, but how many people have heard the name Kenneth Demario before? If you’re someone concerned with co-ops, condos or any real estate issues in the city, Demar…

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Law & Legislation New York City's Fiscal Plan
2008 June New York City's Fiscal Plan

Mayor Michael R. Bloomberg proposed a $59.1 billion budget plan for Fiscal Year 2009 and presented an updated four-year financial plan for New York City. The mayor’s budget plan maintains the city’s financial footing in the near term by …

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Law & Legislation Cable Choices for Co-ops and Condos
2008 June Cable Choices for Co-ops and Condos

Two months ago, Sam Levy felt like he was spending more time on the phone with Time Warner than with his girlfriend Nikki. Levy, who lives in western Brooklyn, a region served exclusively by Time Warner, was having trouble with his cable…

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Real Estate Trends Fractional Ownership
2008 June Fractional Ownership

Timeshares have been around for decades, and these partial property ownership arrangements are more familiar to many people in part because of their increasing popularity. It’s easy to see why they are so popular: A family wants a vacation …

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Law & Legislation Protection from Lawsuits
2008 June Protection from Lawsuits

The best rule of thumb for boards is to act as ethically as possible. That way, shareholders will never have a problem with the decisions the board makes, right? Wrong. We live in an increasingly litigious society, where shareholder…

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Law & Legislation From Albany to City Hall
2008 June From Albany to City Hall

The current sessions in both Albany and in the New York City Council are now well under way, and housing-related bills are very much a part of the mix. Some of the bills have been around for years in one form or another, but that doesn’t…

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Law & Legislation Complying for Safety
2008 June Complying for Safety

In addition to their boards and managing agents, co-op and condo communities depend on the many workers who take care of building maintenance and residents’ needs. Building staff, maintenance workers, the super, and other employees are a…

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