On March 9, New York Governor Andrew Cuomo announced that beginning March 17, essential building service workers, along with nonprofit employees and government employees who have public-facing duties, are now eligible to receive the COV…
With infection rates plateauing and vaccination rates accelerating, it appears that we may be able to contemplate the end of the COVID-19 pandemic. Travel professionals expect tourism to pick up - and property management professionals expec…
The long-awaited rollout of COVID-19 vaccinations has begun at last, but has gotten off to a decidedly bumpy start. Getting shots to nearly 20 million New Yorkers - twice - has hit snags around everything from the supply chain to equitable …
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…