A recent court case involving a dispute between the board of The Parc Vendome—a 587-unit prewar condo building on Manhattan’s West Side—a commercial tenant in the building, and the building’s own residents has thrown new light on the questi…
In a recent essay published in the National Housing Conference (NHC)’s newsletter, NHC President and CEO David M. Dworkin breaks down ‘What we know about Fannie and Freddie as we begin the 10th week of revolutionary change’ for readers. …
On March 2, the US Treasury Department announced via press release that not only will it not enforce any penalties or fines associated with the beneficial ownership information reporting rule under the existing Corporate Transparency Act (C…
2025 is a critical year for compliance with Local Law 97, which seeks to reduce New York City’s carbon footprint to zero by 2050. This year marks the beginning of the five-year period from 2025 to 2030, in which key requirements must be met…
Staying on top of NYC’s building compliance deadlines is more important than ever. This year is a critical one for compliance, with major Local Law 97 and 88 deadlines driving significant changes in energy efficiency and sustainability. The…
As we step into 2025, the new Administration's actions are already reshaping housing policy. The recent White House announcement to temporarily pause agency grants, loans, and other financial assistance programs highlights the importance of…
In the labyrinth of our legal system, changes to a law can reverberate outward to impact areas not originally intended. Such is the possibility with recent changes—and changes to those changes—to the Corporate Transparency Act (CTA). Hal Co…
According to a recent press release, at 11 a.m. on Friday, January 17, dozens of residential industry leaders, builders, property owners, affordable housing advocates and policymakers will convene across the street from the Brooklyn federal…
Co-op boards once had near absolute power to reject applicants for purchase of shares for almost any reason. Over the years, the courts and New York City have narrowed that prerogative in an effort to curtail housing discrimination. Effecti…
On December 23rd, the Fifth Circuit Court of Appeals issued a decision staying the nationwide injunction issued by the U.S. District Court for the Eastern District of Texas earlier this month. This court order reinstates the deadline for f…