The entire real estate industry - from owners and developers to contractors and architects - has been focused on the issue of mold contamination during the past year. However, no segment of industry has been more watchful than cooperative …
House hunters often spend weeks, months, sometimes even years searching for that perfect place to call home. Finally they find it - great space, perfect location, price within the budget. But, before signing on the dotted line, purchasers …
In the world of co-ops and condos, few people are more important than a organization's legal counsel. Some of the reasons for needing an attorney's help are obvious - how else would complicated contracts be drawn up and ever-changing laws …
To address the problem of steeply escalating taxes on co-ops and condos, the Council of New York Cooperatives and Condominiums (CNYC) created the Action Committee for Reasonable Real Estate Taxes in February of 1990. During their study and…
The dream of homeownership often brings with it the independence of owning your own space, decorating it as you wish and living by your own rules. Yet when you reside in a co-op or condominium with possibly hundreds of other residents, you…
New York City real estate is governed by a number of things: available housing stock, the economy, state legislation, and quite often by major legal cases argued in the courts and then applied by proxy to building communities all over the …
If you're planning a renovation project, either on your own as an individual apartment owner or as a member of your building's board, you know there's a lot to think about and arrange for long before the actual work begins. You particular …
In this and in future columns, I will be examining decisions of interest to co-op and condo boards and suggesting what valuable lessons can be learned from these legal decisions. Theresa Merolo v. Board of Managers of the Hill at Grasm…
Co-op and condo boards often become involved in disputes with contractors and subcontractors who perform work either on the building's common areas, or within individual apartments for a shareholder or unit owner. A mechanic's lien and lie…
Whether doing chores such a laundry or using gym equipment or swimming pool, we want to maximize the time we spend doing the things we like, and make the less-pleasant jobs as hassle-free as possible. Residential buildings are in business …