In May, in a decision that has confused - and alarmed - some New York co-op shareholders, the New York Court of Appeals ruled that co-op boards had the right to apply the business judgment rule to vote so-called "objectionable tenants" ou…

COOPERATOREVENTS NEW YORK EXPO. TUESDAY NOVEMBER 18TH . JACOB JAVITS CONVENTION CENTER. REGISTER NOW!
In May, in a decision that has confused - and alarmed - some New York co-op shareholders, the New York Court of Appeals ruled that co-op boards had the right to apply the business judgment rule to vote so-called "objectionable tenants" ou…
No matter how a building's governing documents are worded, co-ops and condos have to hold board elections at regular intervals. More importantly, every effort must be made to let shareholders know when and where the elections will be held,…
Even among the closest friends, conflict is inevitable. It's no surprise then that the relationship between shareholders and boards can sometimes be contentious. Problems can range from small-scale squabbles to multi-million dollar lawsuit…
Two hundred years ago, a visitor to New York City remarked that the teeming sprawl was a "nasal disaster, where some streets smell like bad eggs dissolved in ammonia." While few would suggest that the city reeks today quite like it d…
Property owners will now be responsible for the maintenance and repair of public sidewalks in front of their buildings following passage of legislation that transfers liability from the city to the owners of multi-family dwellings. Ma…
Last winter's frigid temperatures shocked many city dwellers accustomed to the mild temperatures that have been the new norm in New York for several years. New Yorkers donned down coats, insulated boots, and thermal underwear, and millions…
Ralph Waldo Emerson once said, "The earth laughs in flowers." If that's the case, then the Green Guerillas are grinning from ear to ear. While some outreach programs spend a lot of their time working phones and crunching numbers to get wo…
Still a few paychecks shy of that country cottage? Cubicles got you down? If that's the case, you might consider bringing a little whiff of the outdoors inside with some lush, green houseplants. "But wait," you say. "I can't keep a m…
1960: New York City becomes the first municipality in the country to ban sale of lead paint. Nationwide restrictions on the manufacture and use of lead-based paint did not come into effect until 1978. 1982: Local Law 1 of 1982 - New …