Category: On The Board

If you serve on your board, you already know the job can sometimes feel like a second career. One day you’re drafting the new budget, the next you’re dealing with Local Law inspections, or mediating a conflict between residents. For a volun…

One longstanding challenge for shared interest communities is that of recruiting members to serve on the board and the board’s subcommittees. Given that these are unpaid volunteer positions, many residents prefer to leave the job to others,…

Effective July 1, 2026, owners of “pied-à-terre”  co-op or condo units and/or one- to three-family houses located in New York City (referred to here as a “covered property”) are subject to an add-on property tax surcharge (aka the PAT tax) …

No board can prevent every accident, lawsuit, water or property damage event. However, there are practical steps that boards and managers can take to put themselves in the best possible position before such a claim occurs. The goal isn't pe…

In Albany, a recently introduced bill could reshape key aspects of co-op governance. Assembly Bill A10283, dubbed the ‘Increase Transparency in Cooperative Housing Corporations’ bill, proposes broad changes aimed at expanding shareholder ov…

Two major legislative proposals currently active in the New York State Legislature are causing some debate between housing advocates, buyers, and co-op/condo organizations thanks to their potential impact on buildings’ operational freedom a…

The National Housing Conference (NHC) will host its annual Solutions for Affordable Housing conven tion on Tuesday,  December 8 at the National Press Club in Washington, D.C.. According to the NHC's annoucement of the conference, " Thi…

Enacted in January of this year, Local Law 58 marks a significant change in the way co-op transfer applications must be handled in New York City. Prior to the enactment, the approval process was largely dictated by each individual co-ops’ g…

The deadly collapse of Champlain Towers in Surfside, Florida on June 24, 2021, represents a watershed moment for shared-interest communities in Florida and nationwide. It exposed a fatal fault in the administration of condominium communitie…

CooperatorNews recently published an interview with Rebecca Poole, Director of Membership and Communication at the Council of New York Cooperatives & Condominiums (CNYC) about the quandary facing many co-op and condo communities around ac…