Category: Law & Legislation

Law & Legislation Stand Up and Speak
2002 Jun Stand Up and Speak

Since the attacks and subsequent collapse of the World Trade Centers in Lower Manhattan last fall, area residents, business owners, real estate professionals, developers, and concerned citizens' groups have been doing their best to navig…

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Law & Legislation Broker Uses Inside Info to Defraud Clients
2002 Mar Broker Uses Inside Info to Defraud Clients

In the course of representing and negotiating for the interests of their clients, real estate brokers are often privy to sensitive or confidential information. Whether buying or selling, residential or commercial, super-luxe or no-frills sp…

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Law & Legislation Brace Yourselves
2002 Feb Brace Yourselves

In April 2001, the Committee of Condominiums and Cooperatives of the Real Property Section of the New York State Bar Association, the Association of the Bar of the City of New York, and the New York County Lawyers Association approved a new…

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Law & Legislation Controversy and Confusion
2002 Feb Controversy and Confusion

In October 2000 Judge Louis York (New York Supreme Court, First Judicial Department) issued a decision that annulled the City of New York’s lead-poisoning prevention statute, commonly called Local Law 38. In the many news articles and attor…

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Law & Legislation Your Legal Counsel
2001 Nov Your Legal Counsel

When your board hires a professional, you’re looking for someone they can trust to do good work on behalf of your building. This goal is doubly important when it comes to hiring and interacting with a lawyer for your co-op or condo building…

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Law & Legislation The Men Who Would Be Mayor
2001 Oct The Men Who Would Be Mayor

With all the recent grief and confusion in our city, it’s almost easy to forget that there was a mayoral primary scheduled for September 11th. Voting had barely started when terror descended on New York. As images of destruction and chao…

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Law & Legislation UCC Article 9 Revisions
2001 Jun UCC Article 9 Revisions

A couple years ago, I became genuinely surprised to learn of conflicting opinions throughout the legal community and in court decisions (including rulings from New York State Supreme Court’s Appellate Division) which centered on how to clas…

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Law & Legislation Co-op and Condo Renovations
2001 Jun Co-op and Condo Renovations

One of the unique features of performing construction work in a cooperative or condominium apartment is that it must usually be performed pursuant to an alteration agreement that addresses what, where, when and how construction work is to b…

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Law & Legislation The Battle for Access
2001 Jun The Battle for Access

Perhaps you’ve seen the commercials on television; a mob of people shouting “The Internet is slow as heck, and we’re not going to take it anymore!” Or the one where a succession of comedians tell jokes beginning with “My internet service is…

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Law & Legislation Passing the 80/20 Test
2001 Jun Passing the 80/20 Test

The Internal Revenue Code’s Section 216 authorizes cooperative apartment owners to receive a pass-through tax deduction for their proportionate share of the mortgage interest and real estate taxes paid by a qualifying co-op corporation. One…

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