The Cooperator Events Presents a Virtual Town Hall: Local Law 97 - What Your Board Must Know about Benchmarking, Saving on Energy & Avoiding Penalties Sponsored by: The Cotocon Group Thursday March 16, 2023 at 11:00AM EST WATCH ON DEMAND…

Co-ops evolved as a housing form in New York City primarily on the basis of exclusivity. Not long after workers’ unions and other professional and mutual interest groups made moves to establish cooperative housing expressly for their member…

A new NYC law will place yet another inspection requirement on co-op and condo communities with parking facilities on their premises. Known as Local Law 126/2021, the measure is only the latest in a long and growing string of ordinances pas…

New York City is known for its hustle - after all, as the song says: if you can make it here, you can make it anywhere. But if ‘making it’ here includes owning a median-priced home, a new report by nationwide moving coordinators HireAHe…

There was a time not so long ago when having ground floor commercial space—or any rentable non-residential space, really—was a huge asset for a condominium or co-op building. The income stream from the space to the community helped offset o…

Q.  If the particular bylaws of a condo community are continuously not followed, does the bylaw that is continuously misused become a LEGAL bylaw? Do we have any legal precedence here?                        —Concerned in Chelsea A.  “T…

Q. One of our condo units that the owner was renting out to a tenant is now in foreclosure. But before the unit went into foreclosure, the owner (who has been missing in action) was behind on the common charges and the condo board was tak…

Q.  A co-op owner purchased her unit in 2005 and has been subleasing it to the same tenant since 2011. The co-op board recently passed an amendment to the bylaws that states that an owner cannot sublease a unit for more than two years, and…

What sells an apartment? Is it the feel of the space, the light, or the layout? Is it the price alone? Or something else entirely? Maybe a feeling of ‘hominess’ that calls out to the buyer: This is where you belong! Or perhaps it’s all thre…

Among the keys to successful governance of residential communities is continuity.  The most basic of democratically elected units, co-op, condo, and HOA boards are the custodians of their community’s welfare, success, and continued operatio…