Q&A Q&A: Renovation Fee Woes
2007 Jun Q&A: Renovation Fee Woes

Q I live in a co-op in Manhattan and am planning to renovate my bathroom. My managing agent has informed me that I must pay a $500 fee to file my application for the renovation, which seems unusual. The renovation is simple—to replace t…

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Management Fire and smoke engulfs a metal and glass office building with the sunset light coming from a side.
2007 Jun When Disaster Strikes

When a townhouse exploded on Manhattan's Upper East Side last summer, New Yorkers ran terror-stricken into the streets. As smoke billowed from the wreckage, no one knew what had caused the explosion, or how many people had been hurt. Just t…

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Neighborhoods A Look at the Financial District
2007 Jun A Look at the Financial District

For all the incredible diversity embodied in its population of eight million people and the many industries that call it home, New York City has always been a center of commerce. The city was founded not by a nation but by a corporation—…

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Buildings 2007 Co-op & Condo Expo Exceeds Expectations
2007 Jun 2007 Co-op & Condo Expo Exceeds Expectations

For the past two decades, The Cooperator's annual Co-op & Condo Expo has been a destination event for anyone and everyone associated with the tri-state area's co-op and condo building communities. Vendors, service providers, board member…

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Board Operations So, You've Been Sued
2007 Jun So, You've Been Sued

Reading the papers you've just been served, your heart quickens in fight-or-flight mode. Part of your mind can't believe your eyes. You've just been sued, and you aren't sure what your next step should be. To people who aren't lawye…

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Organizations New York State Bar Association
2007 Jun New York State Bar Association

With some 72,000 members, the New York State Bar Association (NYSBA) is the largest voluntary statewide association of lawyers in the country, and the official organization of legal practitioners in the state. While more than half i…

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Law & Legislation Budgeting for New York City's Future
2007 Jun Budgeting for New York City's Future

Mayor Michael R. Bloomberg announced his $59.0 billion budget plan for Fiscal Year 2008 and presented his updated four-year financial plan for New York City. In preparation for a possible economic slowdown, the mayor's proposal focuses o…

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Law & Legislation Understanding Apartment/Home Tax Inequity
2007 Jun Understanding Apartment/Home Tax Inequity

The old saying goes that the only two sure things in life are death and taxes. According to the experts, for owners of co-ops and condos in New York City, there's a third inevitability: you're going to be taxed at a higher rate than owners …

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