Q. The government has provided relief for renters of cooperatives. Is there any relief for cooperative shareholders? I’m told by the building manager that the relief fund provided was for management. How can everyone get help and not the …
Q. I have lived in a Mitchell-Lama co-op since 1992 and never received a copy of the complete house rules. I have been assaulted by a neighbor’s husband; he is not a tenant on record yet lives here and is a very dangerous person. Does the…
Q. I signed a contract at the end of November 2020. There was an increase in the maintenance in February 2021, so it’s likely they got notice of this in December. Unfortunately I wasn’t given notice of this $55 increase per month until th…
Paper, or electronic? It’s now a choice for everything, from the books we read for pleasure to the books we keep on our associations and corporations. Even restaurant menus are digital today in the wake of the need for ‘touch-free’ environm…
Even among otherwise conscientious, community-minded co-op and condo residents, the idea of running for and serving on their board often ranks somewhere between taxes and dental work. It conjures thoughts of endless meetings...arguing about…
Across the country, one of the biggest challenges to governing co-ops, condominiums, and homeowners associations is finding new members who are willing to volunteer their time and energy to serve on their community’s board of directors. In …
On June 11, 2021, Governor Cuomo signed into law several amendments to the New York HERO Act; a law whose main purpose is to ensure that employers have a plan in place to protect their employees in the event of another pandemic, or the emer…
For many, the topic of insurance can be a bit overwhelming. Even the terms we use as insurance purchasers differ substantially from the terms industry professionals use when discussing and settling claims - which can leave laymen feeling li…
In light of the catastrophic, deadly condo building collapse in Surfside, Florida last month, boards and residents in multifamily buildings across the country are taking a hard look at how their own properties measure up to the structural m…
Real estate brokerage and data analyst SERHANT. reports that the second quarter of 2021 showed that Manhattan is experiencing a major rebound in all types of residential sales compared to the same quarter last year. In fact, the number of s…