COOPERATOREVENTS NEW YORK EXPO. TUESDAY NOVEMBER 18TH . JACOB JAVITS CONVENTION CENTER. REGISTER NOW!
On Friday, September 17, Governor Kathy Hochul joined porters, doormen and other building service workers at Columbus Circle in Manhattan to celebrate a new law that will raise wages to the industry standard for over 2,000 frontline workers…
On Thursday, October 28, 2021, board members, managers, building owners, and co-op and condo residents from around the city and the tristate area will gather at the Jacob K. Javits Convention Center in Manhattan from 10:00 a.m. to 4:30 …
New York Governor Kathy Hochul’s Labor Day signing of four pieces of new legislation protecting and supporting workers gave those laws a lot of visibility. (Readers of CooperatorNews can find a summary of one of those four pieces of leg…
On Labor Day, New York Governor Kathy Hochul signed Senate bill S6350A, which prohibits most individual unit owners or shareholders in condominiums (condos) or cooperatives (co-ops) from obtaining or maintaining tax abatements under section…
Q. The bylaws of [my co-op] currently charge utility costs—water, sewer, heat/AC, and electricity—to our shareholders on the basis of the number of shares each unit is assigned. The shares apportioned are variable depending on unit size, …
Q. We recently had to vote to remove our board president from his position, because he was taking small amounts of funds on a regular basis. He said it was all ‘petty cash reimbursements,’ but he never told the board or treasurer about ma…
Q. I have a question as a shareholder. Our Mitchell-Lama development in NYC is taking a needed bank loan to cover major repairs. There was no shareholders meeting or voting on this capital improvement. The board has not yet decided on how…
As the COVID-19 pandemic descended upon the country at the end of last winter, notably taking hold initially and most prominently in New York City’s outer boroughs, which include some of the most diverse ZIP codes in the United States, it q…
Between the tragedy of the Surfside condominium collapse in Florida and the subsequent placement of the association in receivership, as well as the flurry of recent press around popstar Britney Spears’s yearslong struggle against her own fi…
The reality of climate change is upon us. Weather patterns have changed, and seasons have been altered. We experience more intense heat, more frequent, destructive storms, wide-ranging wildfires, and more destructive cold. Tornadoes—the spa…