The old saying goes that the only two sure things in life are death and taxes. According to the experts, for owners of co-ops and condos in New York City, there's a third inevitability: you're going to be taxed at a higher rate than owners …
We all have nightmares. Whether it's hungry sharks nipping at our feet or shadowy figures lurking in the woods, there will always be things that wake us in the middle of the night. If you're a co-op or condo owner, manager or board membe…
You would think that trying to get to know the city's first female Speaker, Christine Quinn, would be difficult when you've only been granted ten minutes in the demanding politician's day. However, in such a short timeframe, Quinn has enoug…
Legislatures are in session, both in the city and in Albany, and, as always, housing is a hot issue. What bills should co-op and condo board members, managers and owners be looking at that may impact their residences? While there ar…
Unfortunately, it is not uncommon for persons who perform labor on or furnish materials to the common elements of a condominium to assert that they have not been fully paid for the labor performed or materials supplied. The possible asserti…
Historically, co-op boards in New York City haven’t been required to provide much of an explanation to applicants about why applications for co-ops are rejected. Many applicants with good financial portfolios, good references and …
In what may prove to be a significant victory for cooperative and condominium boards sued for housing discrimination, an appellate court recently applied the protection of the business judgment rule to a discrimination claim for disabili…
Perhaps Benjamin Franklin said it best: “In this world, nothing can be said to be certain except death and taxes.” And taxes aren’t just a certainty for co-op and condo buildings—they’re a complicated part of keeping a building co…
Molds are naturally occurring organisms that are present almost everywhere. While molds need both moisture and nutrients to grow, moisture is the primary factor that promotes indoor mold growth. Therefore, whenever there is a water leak…
Your roof terrace leaked and the neighbor below you sued for damages. Do you have any recourse? The heating system in your apartment failed to work and the managing agent sent you the bill for its repair. Do you have to pay? The a…