Category: COVID-19

With 2020 finally behind us, co-op shareholders and condominium owners are looking forward - and their boards are seeking to make improvements and changes that reflect both the crises of the past year and issues put on hold as the pandemic …

The COVID-19 pandemic has wreaked havoc on many segments of the real estate market in the past year. A recent article in The New York Times notes that many home markets have been very active and have seen prices increase - with the exce…

Since the second week of January, many co-op boards have been busy working with their banks to complete Paycheck Protection Program (PPP) applications. The inclusion of co-ops in the Fed’s forgivable loan program was the result of a joint e…

On January 21, 2021, President Biden issued an executive order requiring that employers receive revised guidance for workplace safety during the COVID-19 pandemic. In response to this order, the Occupational Safety and Health Administratio…

You may have heard that co-ops can now obtain loans under the federal government’s Paycheck Protection Program (PPP) as a result of their being included in the new Stimulus Bill. The rules governing the inclusion have finally been released …

Patch.com reports that a recent study by the Real Estate Board of New York (REBNY) concluded that 2020 was a slow year for construction in the city—hitting the lowest point since 2012, according to the report.  With shutdowns and economic …

According to a January 11 legal alert from the New York-based law firm of Tarter Krinsky & Drogin LLP, it may be possible for employers - presumably including cooperative corporations, condo associations, and HOAs - to require their employe…

According to a January 7 policy update from New York City housing advocacy organization Care For the Homeless (CFH), the fast-approaching expiry of eviction moratoriums in New York and across the country will not only spell disaster for tho…

The arrival of the coronavirus pandemic in New York City last spring led many owners with the ability to do so to leave the city; some permanently, but many more just temporarily. These individuals decamped to second homes upstate, or in th…

As the economic disruptions from the COVID-19 pandemic grind on, Congress has provided additional relief for small businesses to help them hang on until nationwide vaccination efforts are able to turn the tide of the crisis. The good news f…