As temperatures around the globe reach dangerous highs, many places are hitting the highest temperatures they’ve ever recorded—yet large-scale federal action on climate legislation is stymied. War rages on in Ukraine; inflation dogs economi…
The Cooperator Events Presents a Virtual Town Hall: Budgeting Better - How Your Board Can Take Control of Expenses & Improve the Bottom Line. Sponsored by Czarnowski & Beer LLP Thursday September 8, 2022 at 2:00PM EST WATCH ON DEMAND! Mo…
Prior to the 1980s, the majority of New York City apartment buildings were rentals, owned by landlords. Then, in the 1980s, many landlords realized that it would be more financially advantageous for them to sell their buildings to the tenan…
President Joe Biden’s signing of the Inflation Reduction Act earlier this week has been heralded as the most far-reaching and comprehensive legislative plan to fight climate change to date. Among many other things, it provides millions of d…
The residential real estate market in the U.S. experienced an unprecedented spike in home prices between 2020 and 2022, but signs from this spring and summer indicate that the market is cooling off. Existing home sales in the U.S. have dec…
In these difficult inflationary times, many co-op corporations and condominium associations are looking for ways to generate income to make up for unexpected financial shortfalls between their projected operating expenses and current actual…
In 2016, the New York City Council passed a citywide ordinance requiring the installation of natural gas detectors, 180 days after “an industry standard concerning the use of natural gas detecting devices in residential buildings has been p…
Over the past few years, the New York City condo and co-op market has experienced something of a perfect storm. Changes to the federal tax code and COVID-19 colluded to slow down the market, even as other areas around the country were soari…
Like baseball players, condo and co-op owners are often creatures of habit. Settled into their units, they’re used to costs rising over time, but on a regular and predictable basis. That means once a year - usually in January - and by a co…
Q. Today shareholders at our Mitchell-Lama co-op in Queens were informed with less than 24-hours notice that there will be a film shoot taking place tomorrow on the property from 6:00am Thursday and completed 12:00pm on Friday. Notice sta…