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. …
For over 20 years now, co-op and condo board members, managers, and the professionals they depend on to keep their buildings running safely and smoothly have made the annual pilgrimage to the CooperatorEvents Expo—and this past March 4 was …
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…
In today's hectic, over-scheduled world, it is often a big challenge to get residents to take an interest in the governance and administration of the co-op & condos they call home. However, involved and engaged owners and shareholders are k…
The 2019 Housing Stability Act caused major delays in collecting co-op arrears, and the COVID pandemic quintupled the problem. With the courts still backlogged and every shareholder entitled to an attorney to represent their interests in th…
When it comes to legislation aimed at improving energy efficiency and reducing carbon and other emissions from multifamily residential buildings, NYC is at the forefront. That’s a good thing—but navigating the city’s complex array of Local …
Interpersonal conflicts are inevitable in any Co-op, Condo, or HOA—whether between residents, residents and the board, or residents and management. While it may be tempting to stay out of these disputes, avoiding them can lead to escalating…
More and more multifamily buildings and HOAs are incorporating solar power into their operations to save money, reduce emissions, and be more resilient, but many still have questions about how to pay for and install solar technology in thei…
Unless you’re a lending expert, the process of securing funding for major projects or refinancing an underlying mortgage for a multifamily community can be daunting. There’s a lot to know, and the stakes are high. This information-rich pres…