Like the physical neighborhoods around them, the legislative and legal landscape surrounding New York’s co-op and condo communities is constantly evolving. While some changes are hailed as wins for boards and the residents they govern, othe…

Multifamily buildings serve as more than just residential spaces; they’re mini-municipalities unto themselves, where neighbors interact in common spaces, either incidentally (like in lobbies or elevators) or deliberately (like in kids’ play…

In addition to their boards, common interest communities are governed by a set of foundational documents. In a condominium, those documents are the declaration and bylaws; co-ops also have bylaws, as well as a unique document called a propr…

It’s little surprise to many that the residents of luxury apartment buildings spend less time in their apartments than their less well-off neighbors. Second and even third homes are the reality for many wealthy shareholders and unit owners—…

Congratulations, you’ve bought a unit in a co-op, condo, or HOA! Now that you’ve got your deed or your shares certificate, it’s time to make all those alterations you’ve been dreaming of, adopt all those pets you’ve been helping down at the…

As The New York Times pointed out on May 18, 2023, the national home sales market is in a state of gridlock. This is largely thanks to short supply in the resale market, which is itself the result of potential sellers – those who ordina…

The U.S. has long suffered from an inadequate supply of housing. From a slow recovery in new construction after the Great Recession, to onerous zoning regulations and building codes, to the recent impacts of inflation on building materials,…

Transfers of co-op shares and condo units by estates, as well as transfers to trusts and LLC’s raise questions for even the most experienced, well-informed board. Who pays maintenance and common charges until an executor is appointed? What …

New York City co-op and condo boards are seeing a steady rise in annual operating costs – particularly in annual utilities and insurance premiums. While operating costs may seem beyond your control, your management company should provide st…

More than ever before, solar energy is a viable option for co-op and condo communities looking to reduce emissions, save money, and provide reliable energy to their residents. This presentation will explain how solar works, break down the c…