According to a June 8 press release from Manhattan-based law firm Nixon Peabody, the firm represented West Village Houses on its conversion from a Housing Development Fund Corporation (HDFC) to a free-market cooperative. The release notes t…
The COVID-19 pandemic is a once-in-a-century event (at least we hope so!) that has changed the way we work, play and live our lives in general. For residents of co-ops, condos, and HOAs with shared amenities, or where many common areas are …
As mentioned by this outlet and elsewhere, the New York real estate industry—one of the main contributors to the annual financial tax intake of both the city and the state—has been championing tax relief for owners, landlords, and t…
The Cooperator Events presents A Virtual Town Hall Reserves to the Rescue? - Preserving Your Community's Physical and Financial Health, Sponsored by Association Reserves. Thursday June 18, 2020 at 2:00 PM WATCH ON DEMAND With many assoc…
On June 11, the Real Estate Board of New York (REBNY), 32BJ SEIU, and the Realty Advisory Board on Labor Relations, Inc., (RAB) issued comprehensive safety and health guidelines for market-rate residential buildings in NYC, including multif…
The Community Associations Institute (CAI) has compiled a digest of government action resources (including clickable links) to help multifamily communities navigate the process of reopening their amenities and common areas now that the fede…
According to a June 8 press release from The Real Estate Board of New York (REBNY), tax revenue generated from investment and residential sales in New York City and New York State decreased by 76% from May 2019 to May 2020, and 40% from A…
The Cooperator Events Presents a Virtual Town Hall: Getting it Right - Reopening Your Building Safely and Sensibly. Sponsored by Smith Buss & Jacobs LLP Thursday June 11, 2020 at 2:00 PM WATCH ON DEMAND As New York reopens, the press…
32BJ SEIU, the Service Employees International Union, is the largest property service workers union in the country, comprising over 175,000 members in 11 states and the District of Columbia. Members include residential doormen, porters, sup…
According to Patch.com, New York City is facing a $9 billion deficit in the weeks leading up to its annual deadline to pass a city budget -- one that is sure to be compounded by projected shortfalls in property tax income. Property taxe…