Category: On The Board

Law & Legislation Imaginary cadastral map with buildings, land parcel and vacant plot - land records and property registry concept
2025 June Selling Air Rights

In New York City, certain cooperative apartment buildings can receive substantial revenue by selling unused air rights. While potentially very lucrative, capitalizing on these opportunities requires navigating unique challenges, from antiqu…

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Board Operations Protecting Your  Reserves
2025 June Protecting Your Reserves

In our current environment of steeply rising costs, it’s more important than ever to safeguard your reserves to ensure that your association has sufficient funds available for immediate and future capital projects.  Unfortunately, many ass…

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Law & Legislation Dealing With Litigation
2025 June Dealing With Litigation

Within any community, there will be disagreements. In shared interest communities, unfortunately those disagreements can sometimes lead to litigation.  That litigation can take many forms: shareholder or owner vs. co-op or condominium, or v…

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Board Operations Overhead view of a group of business people at meeting.
2025 June Making the Most of Your Annual Meeting

Every co-op, condo, and HOA resident has a stake in what happens in their community. Each decision—from financial oversight to building improvements—impacts everyone collectively. That’s why holding and attending annual board meetings is so…

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Law & Legislation Environmental Impact Report Analysis Document Clipboard. Collect emissions Data. Environmental Data Analytics. Carbon Footprint and Ecological Data. Vector illustration
Local Laws 97, 84, & 88

May 1 marks the deadline for an array of compliance reports NYC co-op and condos must submit to the city; Local Laws 97, 84, and 88 reports are all due on May Day. But according to tech-driven property management firm Daisy , the Departm…

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Board Operations Raise hand wooden figure stands above a wooden cube with vote symbol among another. open-mindedness or public hearing, Elections concept. Volunteers, parties, candidates, constituency electorates.
2025 April How To Win a Board Election

It may seem counterintuitive, but the person who wins a seat on their co-op or condo board is often not simply the most popular person to throw their hat into the ring. Before the votes are cast at the annual meeting, candidates eyeing boar…

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Board Operations Failure to Communicate
2025 April Failure to Communicate

It takes many vital components working in unison to enable a residential multifamily building to function effectively: a management team to help things run smoothly, committed, engaged board members who volunteer their time, and residents w…

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