Category: On The Board

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 …

Mayor Michael R. Bloomberg presented a $45.7 billion budget plan for fiscal year 2005 and awarded property owners a $400 tax rebate to thank New Yorkers for their sacrifices in helping the city weather its fiscal crisis. "New York Cit…

Mayor Michael R. Bloomberg last month vetoed the New York City Childhood Lead Poisoning Prevention Act, which was intended to replace Local Law 38 and correct lead-based paint hazards in housing, schools, day care facilities and playgrou…

When cooperators elect their boards of directors, and condo owners elect their community association or boards of managers, they do so in the expectation that these boards will represent their interests. But conflict between boards …

Since management companies foster a competitive environment, co-op and condominium buildings expect a high level of service from their managing agent. However, when agents aren't showing the care and attention buildings deserve, or some …

The old adage that knowledge is power holds doubly true when it comes to assuring ethical conduct and adherence to bylaws by a governing board, regardless of the size of a community size or the severity of a given crisis. But the la…